FRIENDS OF FUNDACION BARCO INC. (THE "ORGANIZATION") WILL CONTRIBUTE TO IMPROVE EQUITY INDICATORS IN LATIN AMERICA THROUGHOUT THE PROMOTION AND IDENTIFICATION OF PROGRAMS IN THE REGION, THAT IMPROVE AND SUPPORT CULTURE, HEALTH, ENVIRONMENT, EDUCATION, AND MANY OTHERS. THE ORGANIZATION WILL PROVIDE GRANTS TO REPUTABLE NON-PROFIT ORGANIZATIONS WITH PROVEN TRACK RECORDS MEETING RIGOROUS GRANT REQUIREMENTS AND SUBJECT TO THE REPORTING, CONTROLLING AND THE VETTING OF THE USE OF FUNDS BY THE ORGANIZATION'S STAFF AND INDEPENDENT AUDITORS. GRANT APPLICANTS MAY INCLUDE THE ORGANIZATION, A NON-PROFIT ORGANIZATION IN COLOMBIA WITH OVER 50 YEARS OF PROVEN TRACK RECORD. THE FUNDRAISING WORK IS TO BE CARRIED OUT BY THE ORGANIZATION'S STAFF AND VOLUNTEERS IN THE U.S. THE ORGANIZATION FUNDRAISING ACTIVITIES WILL BE CONDUCTED IN THE U.S. FIELD ACTIVITIES WILL BE CONDUCTED BY GRANT APPLICANTS THROUGHOUT COMMUNITIES IN LATIN AMERICAN COUNTRIES. ONE HUNDRED PERCENT OF THE ORGANIZATION'S ACTIVITY WILL BE A