2024-04-18T12:41:38-05:00 2023-06-30 221732349 WISS & COMPANY LLP 100 CAMPUS DRIVE FLORHAM PARK NJ 07932 990 2022-07-01 112739496 BROOKLYN TECH ALUMNI FOUNDATION INC BROO 7187972285 29 FORT GREENE PLACE BROOKLYN NY 11217 DENICE CLARKE WARE PRESIDENT 7187972285 2024-04-10 1 DENICE CLARKE WARE XXX-XX-XXXX 0 DIANA MILLER P01597612 9739949400 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DENICE CLARKE WARE 29 FORT GREENE PLACE BROOKLYN NY 11217 4608426 0 X WWW.BTHSALUMNI.ORG X 1984 NY THE MISSION OF THE FOUNDATION IS TO SUPPORT BROOKLYN TECHNICAL HIGH SCHOOL AS THE PREMIER SPECIALIZED HIGH SCHOOL FOR STEM - SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS BY HARNESSING THE INTELLECTUAL AND FINANCIAL POWER OF TECH ALUMNI. 21 21 9 31 0 0 1654192 2185827 0 0 896072 269303 -112948 -448030 2437316 2007100 89901 94804 0 0 640888 887671 167275 251964 308858 812386 927628 1710450 2162067 726866 -154967 15030868 16020857 279962 185579 14750906 15835278 X THE MISSION OF THE FOUNDATION IS TO SUPPORT BROOKLYN TECHNICAL HIGH SCHOOL AS THE PREMIER SPECIALIZED HIGH SCHOOL FOR STEM - SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS BY HARNESSING THE INTELLECTUAL AND FINANCIAL POWER OF TECH ALUMNI. WE SUPPORT CURRICULUM AND FACILITIES ENHANCEMENTS, FACULTY SUPPORT AND DEVELOPMENT AND TRANSFORMATIONAL LEARNING EXPERIENCES FOR STUDENTS. WE RECONNECT AND ENGAGE ALUMNI TO SUPPORT OUR EDUCATIONAL PROGRAMS AND CREATE AND SUSTAIN PARTNERSHIPS WITH CORPORATIONS, UNIVERSITIES AND INDUSTRY TO BENEFIT BROOKLYN TECH. WE CELEBRATE OUR HISTORY AND STRATEGICALLY PARTNER WITH BROOKLYN TECH TO SUSTAIN OUR LEGACY OF EXCELLENCE. 0 0 270131 94804 8052 1. JEFFREY M. HAITKIN '62 FACULTY GRANTS PROGRAM PROVIDING $2.5 MILLION IN MORE THAN 1,000 GRANTS SINCE ITS INCEPTION, IN SUPPORT OF INNOVATIVE INSTRUCTION, SPECIALIZED TRAINING, PROFESSIONAL DEVELOPMENT, AND ENHANCED EDUCATIONAL EXPERIENCES. THE PROGRAM IS A PARTNERSHIP WITH THE SCHOOL ADMINISTRATION AND THE PARENT ASSOCIATION. 104 APPLICATIONS WERE RECEIVED, AND 85 GRANTS WERE AWARDED IN FY23. 2. THE BROOKLYN TECH FUTURE WORLD VISION STEM PATHWAYS CONSORTIUM A GROUND-BREAKING INITIATIVE PAIRING BROOKLYN TECH WITH SEVEN BROOKLYN MIDDLE SCHOOLS TO UTILIZE THE AMERICAN SOCIETY OF CIVIL ENGINEERS' FUTURE WORLD VISION PROJECT TO INSPIRE STUDENTS TO PURSUE A STEM EDUCATION AND RELATED CAREERS. EACH OF THE MIDDLE SCHOOLS HAS A STEM CHAMPION TEACHER AND AN ALGEBRA INITIATIVE TEACHER WHO WORK WITH BROOKLYN TECH STEM LEADER TEACHERS AND A MATH COACH. THE TOTAL POPULATION OF THE CONSORTIUM SCHOOLS IS 3,500 STUDENTS WITH AT LEAST 70% OF EACH MIDDLE SCHOOL'S POPULATION BEING AFRICAN AMERICAN OR HISPANIC/LATINX. AN ANNUAL DECEMBER CONSORTIUM MEETING AT BTHS IS HELD TO BRING TOGETHER STUDENTS, PARENTS AND FACULTY FROM EACH MIDDLE SCHOOL. OVER 100 BROOKLYN TECH STUDENTS AND 15 BROOKLYN TECH FACULTY PARTICIPATE AS HOSTS AND LEADERS. THE PROGRAM CONSISTS OF AN OPENING SESSION, TOURS FOR STUDENTS AND PARENTS, A PARENT SESSION, STEM ACADEMY WORKSHOPS, AND A CLOSING SESSION. AN ANNUAL MAY CONSORTIUM CONFERENCE AT BTHS TO LOOK BACK AT THE YEAR, SHARE STUDENT WORK AND LOOK TO THE NEXT YEAR. THE OPENING SESSION INCLUDES A WELCOME FROM A LEADER OF THE AMERICAN SOCIETY OF CIVIL ENGINEERS. SHSAT PREP EACH SCHOOL IS ENCOURAGED TO OFFER AN SHSAT PREP COURSE. DURING FY2023 THE ALUMNI FOUNDATION SPONSORED AN SHSAT PREP SCHOLARSHIP PROGRAM ATTENDED BY 25 STUDENTS FROM THE CONSORTIUM MIDDLE SCHOOLS.3. LEANDRO RIZZUTO '56 INTERNSHIP PROGRAMS PROVIDING INTERNSHIP AND VOLUNTEER OPPORTUNITIES TO HUNDREDS OF STUDENTS EACH YEAR. WE WORK WITH THE SCHOOL WORK BASED LEARNING DIRECTOR TO HELP PROVIDE OVER 300 INTERNSHIP EXPERIENCES ANNUALLY. OUR BROOKLYN TECH/ CON EDISON INTERNSHIP PROGRAM IS A MODEL. IT PROVIDES A COHORT OF BROOKLYN TECH RISING SENIORS AN EXCEPTIONAL SUMMER INTERNSHIP EXPERIENCE. LAST SUMMER, 23 INTERNS PARTICIPATED IN THE PROGRAM. 4. ANNUAL ENGINEERS' WEEK: WEEK OF EVENTS CENTERED ON ENGINEERING AND INVOLVES PROFESSIONALS AND ALUMNI. THIS PROGRAM IS POSSIBLE THROUGH OUR PARTNERSHIP WITH BROOKLYN TECH'S CHAPTER OF THE NATIONAL SOCIETY OF BLACK ENGINEERS (NSBE).5. MATERIALS TESTING LAB: WE HAVE REPURPOSED AN OLD SHOP INTO A STATE-OF-THE-ART MATERIAL TESTING LAB TO BE USED MOSTLY BY THE CIVIL ENGINEERING STUDENTS. OTHER STUDENTS USING THE LAB WILL BE FROM ARCHITECTURE, PHYSICS AND INDUSTRIAL DESIGN. THE ROOM HAS BEEN CLEANED OUT OF OLD EQUIPMENT AND DATA AND ELECTRICAL DROPS HAVE BEEN INSTALLED TO ENABLE THE INSTALLATION OF NEW EQUIPMENT. NEW FURNITURE HAS BEEN INSTALLED. WE HAVE NOW BEGUN TO ADD STATE-OF-THE-ART TESTING EQUIPMENT THAT MEETS UNIVERSITY AND INDUSTRY STANDARDS. A UNIVERSAL TESTING MACHINE HAS BEEN ADDED TO THE LAB AND THIS LAB IS IN CURRENT USE. 6. URBAN LAND INSTITUTE: PROVIDE INNOVATIVE PROJECTS FOR ECONOMICS CLASSES TO CREATE AN UNDERSTANDING OF URBAN DEVELOPMENT.7. CAREER DAY: BRINGS 400 ALUMNI TO THE SCHOOL TO SPEAK TO A RANGE OF CLASSES CONCENTRATED IN 18 MAJOR AREAS. OVER 5000 STUDENTS BENEFIT FROM CAREER DAY; AS A RESULT OF THIS DAY, THERE ARE ALUMNI WHO HELP ESTABLISH INTERNSHIPS FOR STUDENTS AND VISITATION OPPORTUNITIES FOR FACULTY. CAREER DAY DID NOT TAKE PLACE IN FY23 DUE TO STAFF LIMITATIONS.SCHOLARSHIPS/AWARDS: 19 SCHOLARSHIPS/SENIOR AWARDS TOTALING $49,000 WERE DISPERSED TO STUDENTS FOR FYE 6/30/23. GRANTS: 85 GRANTS WERE AWARDED TO FACULTY FOR FYE 6/30/23. FUNDING SOURCES INCLUDE TEMPORARY AND PERMANENTLY RESTRICTED FUNDS. 431013 ALUMNI ENGAGEMENT PROGRAM: THIS PROGRAM FOSTERS TIES WITH ITS ALUMNI TO SUPPORT EDUCATIONAL PROGRAMS TO INCLUDE THE FOLLOWING:HOMECOMING: AN ANNUAL EVENT THAT HIGHLIGHTS BROOKLYN TECH'S EDUCATIONAL PROGRAMS. IT INVOLVES APPROXIMATELY 500 STUDENTS AS WELL AS CURRENT AND RETIRED FACULTY. THE IKE HELLER '43 CENTER FOR COMPUTER INTEGRATED MANUFACTURING AND ROBOTICS: A STATE-OF-THE ART FACILITY FOR STUDENT LEARNING, PROFESSIONAL DEVELOPMENT AND CAREER PREPARATION. THE CENTER HAS UNDERGONE A NUMBER OF ITERATIONS TO MAKE CUTTING EDGE TECHNOLOGY AVAILABLE TO BOTH STUDENTS AND TEACHERS. IT PROVIDES STUDENTS AND FACULTY WITH A HIGH TECH, LEARNING ENVIRONMENT THAT MEETS UNIVERSITY AND INDUSTRY STANDARDS. IN THE CENTER, STUDENTS IN THE ELECTRICAL ENGINEERING, MECHATRONICS, AND ROBOTICS CLASSES CONVERT COMPUTER-ASSISTED DESIGNS INTO THREE-DIMENSIONAL PROTOTYPES USING 3D PRINTERS AND UTILIZE CNC MACHINES TO MANUFACTURE THE PARTS.RECENT ALUMNI DAY: ALUMNI WHO HAVE GRADUATED DURING THE LAST FIVE YEARS, COME BACK TO TECH TO MEET WITH CLASSES. THEY DISCUSS COLLEGE LIFE, CAREER PATHWAYS AND OTHER POST-SECONDARY OPPORTUNITIES. THEY ALSO DISCUSS HOW TECH PREPARED THEM FOR COLLEGE. THE PROGRAM RESUMED IN FY23 AFTER A COVID HIATUS AND WAS ATTENDED BY OVER 400 ALUMNI.RUBY ENGINEERS: CONNECTS CURRENT TECH FEMALE STUDENTS TO OUR FEMALE GRADUATES. PROVIDES SESSIONS ON COLLEGE AND CAREER OPTIONS, RESUME WRITING AND INTERVIEWING AND INTRODUCES CURRENT STUDENTS TO THE VAST NETWORK OF WOMEN PROFESSIONALS WHO HAVE GRADUATED FROM TECH. THIS PROGRAM IS ON A TEMPORARY HIATUS DUE TO STAFF CAPACITY. 419901 THE WESTON RESEARCH SCHOLARS PROGRAM (WRSP): THIS PROGRAM IS DESIGNED TO PROVIDE STUDENTS WITH A THREE-YEAR OPPORTUNITY TO PARTICIPATE IN THE CREATION OF RESEARCH PROJECTS. THE WRSP BUILDS ON BROOKLYN TECH'S STRONG STEM-BASED CURRICULUM, THE EXCEPTIONAL TALENTS OF BROOKLYN TECH FACULTY AND STUDENTS, AND THE TREMENDOUS RESEARCH OPPORTUNITIES AT NYC COLLEGES, UNIVERSITIES AND RESEARCH FACILITIES. THE PROGRAM IS UNIQUE IN ITS STRUCTURE, INCORPORATING AN INTERNAL MENTOR MODEL CONSISTING OF BROOKLYN TECH TEACHERS WITH RESEARCH EXPERIENCE, STUDENT RESEARCH TEAMS, ONGOING ACTIVITIES THROUGH THE ACADEMIC YEAR AND SUMMER, AND EXTERNAL MENTORS AT MULTIPLE COLLEGES, UNIVERSITIES AND RESEARCH FACILITIES. THE STUDENTS WHO PARTICIPATE IN THIS PROGRAM DEVELOP PROJECTS THAT ARE WORTHY OF SUBMISSION TO THE REGENERON SCIENCE TALENT SEARCH, REGENERON SCIENCE AND ENGINEERING FAIR, THE GOOGLE SCIENCE FAIR, ACT-SO. APPROXIMATELY 105 STUDENTS ARE ENROLLED WITH FIVE TEACHERS SERVING AS MENTORS. 1121045 1 1 0 1 0 0 0 0 0 1 0 1 0 0 0 1 1 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 21 0 1 9 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AK CO KY ME MD MA MI NH OH OK OR WA X COURTNEY J ULRICH 7187972285 29 FORT GREENE PLACE BROOKLYN NY 11217 MARCEL VAUGHN-HANDY FORMER EXECUTIVE DIRECTOR 40.00 X 147500 0 0 COURTNEY ULRICH EXECUTIVE DIRECTOR 40.00 X 88487 0 13432 DENICE CLARKE WARE PRESIDENT 4.00 X X 0 0 0 ANTHONY P SCHIRRIPA VICE PRESIDENT 4.00 X X 0 0 0 BOLA OYEDIJO VICE PRESIDENT 4.00 X X 0 0 0 DAVID LEE VICE PRESIDENT 4.00 X X 0 0 0 JAMES DIBENEDETTO TREASURER 4.00 X X 0 0 0 NED STEELE SECRETARY 4.00 X X 0 0 0 ACHILLES PERRY MEMBER 1.00 X 0 0 0 AMY KONG MEMBER 1.00 X 0 0 0 DEEPTI SHARMA MEMBER 1.00 X 0 0 0 EDWARD LAGRASSA MEMBER 1.00 X 0 0 0 GISELLE WILLIAMS MEMBER 1.00 X 0 0 0 HORACE H DAVIS MEMBER 1.00 X 0 0 0 JOHN ALBERT MEMBER 1.00 X 0 0 0 LESLEIGH IRISH-UNDERWOOD MEMBER 1.00 X 0 0 0 MARGARET MURPHY MEMBER 1.00 X 0 0 0 MICHAEL WEISS MEMBER 1.00 X 0 0 0 PENELOPE KOKKINIDES MEMBER 1.00 X 0 0 0 SALVATORE LENTINI MEMBER 1.00 X 0 0 0 TOMAS HERNANDEZ MEMBER 1.00 X 0 0 0 VALMIRA POPINARA MEMBER 1.00 X 0 0 0 WILTON CEDENO MEMBER 1.00 X 0 0 0 235987 0 13432 1 1 0 0 ROOFTOP2 PRODUCTIONS INC 488 MADISON AVENUE 16 FLOOR NEW YORK NY 10022 EVENT VIDEO AND PRODUCTION 224950 MM EVENT GROUP 110 WEST 40TH ST SUITE 1403 NEW YORK NY 10018 EVENT PLANNING 115367 YOSWEIN NEW YORK INC 111 BROADWAY SUITE 1504 NEW YORK NY 10006 CONSULTING 109200 3 399800 1786027 2072 2185827 350366 350366 1807708 1888771 -81063 -81063 -81063 241482 399800 697564 -456082 -456082 23043 14991 8052 8052 2007100 8052 0 -186779 94804 94804 170381 107340 57929 5112 507398 319661 172516 15221 9751 6143 3315 293 133931 84377 45537 4017 66210 41713 22511 1986 17675 17675 77461 77461 72900 72900 251964 251964 49663 49663 208279 90397 112764 5118 73101 71948 848 305 130083 31704 74734 23645 41000 40542 458 1550 1455 10 85 33955 33955 5111 5111 EDUCATIONAL SUPPORT 137732 137732 EDUCATIONAL EXPENSES 49712 49684 28 BOARD EXPENSES 16472 16472 DUES AND SUBSCRIPTIONS 11711 10996 72 643 1223 191 1021 11 2162067 1121045 732164 308858 64790 175189 796231 571973 171133 462561 65000 225071 80731 13609608 14665323 99035 65080 15030868 16020857 197700 111124 81872 74455 390 0 279962 185579 X 1179121 1288417 13571785 14546861 14750906 15835278 15030868 16020857 -154967 1239339 0 X X 0 1 X 1 0 X 1271849 1159032 1050388 1654192 2185827 7321288 43596 43596 43596 43596 43596 217980 1315445 1202628 1093984 1697788 2229423 7539268 1396999 6142269 454401 346077 292452 366473 350366 1809769 225250 73978 144722 241482 685432 10034469 105186 0.61210 0.65080 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING - SPECIAL EVENTS - 2018 AMOUNT: $ 225,250. 2019 AMOUNT: $ 73,978. 2021 AMOUNT: $ 144,722. 2022 AMOUNT: $ 241,482. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 72900 0 0 72900 0 PART II-B, LINE 1: FOR GOVERNMENT RELATIONS, STRATEGIC ADVICE: YOSWEIN NEW YORK, INC. ADVOCATES ON BEHALF OF THE FOUNDATION AND HELPS US DEVELOP CAPITAL GRANT PROPOSALS WORTHY OF SUBMISSION TO THE CITY COUNCIL, BROOKLYN DELEGATION AND BOROUGH PRESIDENT'S OFFICE AND PROPOSALS TO STATE SENATORS AND STATE ASSEMBLY MEMBERS. YOSWEIN NEW YORK, INC 111 BROADWAY SUITE 1504 NEW YORK, NY 10006 12762052 744447 13506499 13657125 -895073 12762052 12325645 875 1330605 13657125 12133502 192143 12325645 11617532 515970 12133502 0.94469 0.05531 1 0 0 116956 C COMMON STOCKS/MUTUAL FUNDS 9444683 F FIXED INCOME SECURITIES 4373663 F ALTERNATIVE INVESTMENTS 730021 F 14665323 X 3952927 1239339 43596 712555 1995490 1957437 49663 49663 2007100 2868555 43596 712555 756151 2112404 49663 49663 2162067 PART V, LINE 4: THE FOUNDATION MAINTAINS A BOARD- DESIGNATED AND VARIOUS DONOR- RESTRICTED FUNDS WHOSE PURPOSE IS TO PROVIDE LONG TERM SUPPORT FOR OPERATIONS. ENDOWMENT NET ASSET CONSISTS OF THE FOLLOWING TWO FUNDS: 1) DONOR-RESTRICTED ENDOWMENT FUNDS- $12,759,499. 2) WITHOUT DONOR RESTRICTION FUNDS - $747,000. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND THEREFORE HAS MADE NO PROVISION FOR FEDERAL INCOME TAXES. IN ADDITION, THE FOUNDATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A "PRIVATE FOUNDATION" WITHIN THE MEANING OF SECTION 509(A)(1) OF THE CODE. OTHER SIGNIFICANT TAX POSITIONS INCLUDE THE DETERMINATION OF WHETHER ANY AMOUNTS ARE SUBJECT TO UNRELATED BUSINESS INCOME TAX ("UBIT"). MANAGEMENT HAS DETERMINED THAT THE FOUNDATION HAD NO ACTIVITIES SUBJECT TO UBIT IN THE YEARS ENDED JUNE 30, 2023 OR 2022. ALL SIGNIFICANT TAX POSITIONS HAVE BEEN CONSIDERED BY MANAGEMENT AND IT HAS BEEN DETERMINED THAT ALL TAX POSITIONS WOULD BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE FOUNDATION IS REQUIRED TO FILE FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) AND CHAR 500 (ANNUAL FILING FOR CHARITABLE ORGANIZATIONS) WHICH ARE GENERALLY SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS) AND THE STATE OF NEW YORK, RESPECTIVELY, UP TO THREE YEARS FROM THE EXTENDED DUE DATE OF THE TAX RETURN. THE FORMS 990 AND CHAR 500 FOR 2020 THROUGH 2022 ARE OPEN TO EXAMINATION BY THE IRS AND THE STATE OF NEW YORK AS OF JUNE 30, 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 697,564. MERCHANDISE COSTS 14,991. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 697,564. MERCHANDISE COSTS 14,991. X X X X 1 MM EVENT GROUP 110 W 40TH ST RM 1403 NEW YORK NY 10018 ANNUAL FUNDRAISING 1 641282 251964 389318 641282 251964 389318 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY DC VI ANNUAL FUNDRAISING 641282 399800 241482 102 196304 241476 259682 641282 399800 241482 102 196304 241476 259682 697564 -456082 1 STUDENT SCHOLARSHIPS 19 49000 FACULTY GRANTS 85 45803 SCHEDULE I, PART IV: STUDENTS ARE NOMINATED BY FACULTY AND THEN VETTED BY COMMITTEE MEMBERS TO QUALIFY FOR THE SCHOLARSHIPS. NOT ALL NOMINEES MEET SET CRITERIA. SOME YEARS, THERE ARE STUDENTS WHO QUALIFY FOR SPECIFIC SCHOLARSHIPS BASED ON THE CRITERIA GIVEN BY THE DONOR. ALL GRADUATES RECEIVING THE LATTEY SCHOLARSHIP ARE ENTITLED TO RECEIVE $1,000. THERE IS A COMMITTEE TO DETERMINE THE RECIPIENTS FOR FACULTY GRANTS. TEACHERS APPLY TO THE FOUNDATION AND THE COMMITTEE REVIEWS EACH REQUEST. BASED ON THE RATIONALE FOR THE GRANT AND ITS IMPACT, TEACHERS ARE AWARDED GRANTS FROM THE FOUNDATION. X X X 0 0 0 0 0 0 0 0 0 MARCEL VAUGHN-HANDY FORMER EXECUTIVE DIRECTOR 147500 0 0 0 0 0 0 0 0 0 147500 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT OF THE ANNUAL FORM 990 SHALL BE FURNISHED TO THE TREASURER AND THE AUDIT COMMITTEE, WHO SHALL REVIEW THE RETURN AND CONFIRM ITS ACCURACY. A COPY OF THE FINAL 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE BROOKLYN TECH ALUMNI FOUNDATION (FOUNDATION) AND ALL PERSONS EITHER ELECTED OR APPOINTED TO A FOUNDATION OFFICE (INCLUDING, BUT NOT LIMITED TO, ANY BOARD OFFICERS, DIRECTORS AND COMMITTEE MEMBERS) SHALL CONSCIENTIOUSLY AVOID ANY SITUATIONS AND ACTIVITIES WHERE THEIR PERSONAL INTERESTS COULD CONFLICT, OR APPEAR TO CONFLICT, WITH THE INTERESTS OF THE FOUNDATION. A CONFLICT OF INTEREST IS ANY OPPORTUNITY FOR PERSONAL GAIN IN DEALING WITH OR ON BEHALF OF THE FOUNDATION APART FROM NOMINAL REIMBURSEMENT OF EXPENSES ACCORDING TO FOUNDATION POLICY. IN THE EVENT THAT ANY OFFICER, DIRECTOR OR COMMITTEE MEMBER OF FOUNDATION SHALL HAVE ANY DIRECT OR INDIRECT INTEREST IN, OR RELATIONSHIP WITH, ANY INDIVIDUAL OR ORGANIZATION WHICH PROPOSES TO WORK WITH, OR TRANSACT ANY BUSINESS WITH THE FOUNDATION, SUCH PERSON SHALL GIVE NOTICE OF SUCH INTEREST OR RELATIONSHIP TO THE BOARD AND SHALL THEREAFTER REFRAIN FROM DISCUSSING OR VOTING ON THE PARTICULAR TRANSACTION IN WHICH SHE OR HE HAS AN INTEREST, OR OTHERWISE ATTEMPTING TO EXERT ANY INFLUENCE ON THE FOUNDATION TO AFFECT A DECISION WHETHER TO PARTICIPATE IN SUCH TRANSACTION. THE CONFLICT OF INTEREST POLICY (POLICY) AS ENUMERATED HEREIN APPLIES TO ANY BOARD OFFICER, DIRECTOR OR COMMITTEE MEMBER OF FOUNDATION AS WELL AS ANY IMMEDIATE FAMILY MEMBER THEREOF. THE FOUNDATION WILL DISCLOSE THE POLICY TO CANDIDATES FOR THE BOARD AND WILL OBTAIN RE-AFFIRMATION OF THE POLICY FROM EXISTING MEMBERS OF THE BOARD OR COMMITTEES ANNUALLY. FAILURE TO COMPLY WITH THE POLICY MAY BE GROUNDS FOR REMOVAL FROM THE BOARD AND/OR COMMITTEES. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DETERMINES ITS COMPENSATION OF ITS EXECUTIVE DIRECTOR BASED ON A REVIEW BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 18 THE TAX RETURNS ARE AVAILABLE AT THE ORGANIZATION'S OFFICE UPON REQUEST OR AT WWW.GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 A COPY OF THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE DURING NORMAL BUSINESS HOURS UPON REQUEST AT THE ORGANIZATION'S OFFICE. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS. FOR FISCAL YEAR ENDING 6/30/2023, THE ORGANIZATION DID NOT CHANGE ITS SELECTION OF AN INDEPENDENT AUDITOR.