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        <ExplanationTxt>KEREN PICHAS ELYA, INC. PROVIDES FINANCIAL ASSISTANCE AND SUPPORT TO WIDOWS, ORPHANS, AND OTHER NEEDY INDIVIDUALS IN THE LOCAL COMMUNITY, AS WELL AS TO OTHER CHARITABLE, RELIGIOUS, AND EDUCATIONAL ORGANIZATIONS.</ExplanationTxt>
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        <ExplanationTxt>IN ORDER TO CONSISTENTLY AND REGULARLY MONITOR COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY, THE ORGANIZATION REQUIRES EACH DIRECTOR &amp; OFFICER TO ANNUALY COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES THAT COULD CONTRIBUTE TO A CONFLICT OF INTEREST. ADDITIONALLY, THE POLICY IS REVIEWED ANNUALY BY EACH MEMEBER OF THE BOARD OF DIRECTORS AND ANY CHANGES ARE TO BE COMMUNICATED TO ALL DIRECTORS &amp; OFFICERS.</ExplanationTxt>
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