2024-04-15T10:40:14-05:00 2023-05-31 941254756 HOOD & STRONG LLP 60 SO MARKET ST STE 200 SAN JOSE CA 95113 990 2022-06-01 942779937 RED TAB FOUNDATION REDT 4155016154 1155 BATTERY STREET LS7 SAN FRANCISCO CA 94111 JENNY CALVERT RODRIGUEZ EXECUTIVE DIRECTOR 4155016154 2024-04-10 1 JENNY CALVERT RODRIGUEZ 999009999 0 JACOB YAU P01560332 4089988400 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JENNY CALVERT RODRIGUEZ 1155 BATTERY STREET LS7 SAN FRANCISCO CA 94111 4268378 0 X REDTABFOUNDATION.ORG X 1981 CA TO PROVIDE EMERGENCY FUNDS FOR LEVI STRAUSS & CO. EMPLOYEES, RETIREES AND THEIR FAMILIES. 13 13 0 250 0 0 2155724 2323023 0 0 476727 770533 -1442 -3889 2631009 3089667 2214967 3092391 0 0 829824 1035453 0 0 207401 286613 364379 3331404 4492223 -700395 -1402556 18056579 16161355 24681 32407 18031898 16128948 X THE RED TAB FOUNDATION SUPPORTS MEMBERS OF THE LS&CO. COMMUNITY IN MAINTAINING AND BUILDING A SECURE FINANCIAL FUTURE THROUGH GLOBAL CHARITABLE PROGRAMS. IN SERVICE OF THIS MISSION, THE FOUNDATION PROVIDES SHORT TERM FINANCIAL AID TO LEVI STRAUSS & CO. EMPLOYEES AND RETIREES FOLLOWING UNEXPECTED EMERGENCIES. THE FOUNDATION ALSO PROVIDES BASIC NECESSITIES TO LOW INCOME RETIREES WHO TYPICALLY FACE VARIOUS FINANCIAL ISSUES AND FORMS OF DISTRESS DUE TO THEIR ADVANCED AGE. IN ADDITION, THE FOUNDATION PROVIDES EDUCATION AND ASSET-BUILDING PROGRAMS TO HELP THESE INDIVIDUALS IN THEIR OWN EFFORTS TO MAINTAIN THEIR FINANCIAL, PHYSICAL AND EMOTIONAL HEALTH. 0 0 3437092 2661309 0 GLOBAL GRANT PROGRAMSTHE CURRENT GOAL OF THE GLOBAL GRANT PROGRAM IS TO PROTECT THE BASIC NEEDS OF EMPLOYEES AND RETIREES WHO ARE FACING FINANCIAL EMERGENCIES. THE LONG-TERM GOAL IS TO DO THE SAME, WITH EXPANDED GLOBAL REACH AND STRONG REFERRALS TO OTHER RESOURCES TO ADDRESS UNDERLYING CAUSES OF FINANCIAL INSTABILITY. IN FISCAL YEAR 2023, OUR ORGANIZATION SERVED OVER 1,577 EMPLOYEES OR RETIREES GLOBALLY. 467944 198590 0 RED TAB SAVERS PROGRAMTHE CURRENT GOAL OF THE PROGRAM IS TO INCENTIVIZE HOURLY EMPLOYEES TO SAVE THEIR OWN MONEY TO BUILD A FINANCIAL SAFETY NET. THE LONG-TERM GOAL IS TO DO THE SAME AT A GREATER SCALE. IN FISCAL YEAR 2023, 1,249 EMPLOYEES SAVED MORE THAN $203,000 OF THEIR OWN MONEY IN THE PROGRAM AND RECEIVED MATCH REWARDS AND FINANCIAL EDUCATION FROM THE PROGRAM. 232492 232492 0 INTEREST-FREE EMERGENCY LOANSINTEREST-FREE LOANS ARE OFFERED TO EMPLOYEES IN CIRCUMSTANCES WHERE THE NEED IS MORE OF A CASH FLOW ISSUE THAN A TRUE FINANCIAL EMERGENCY. IN FISCAL YEAR 2023, 239 EMPLOYEES WERE ISSUED NO-INTEREST LOANS TOTALING $232,492. 4137528 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 PL SF 0 0 0 0 0 0 0 0 0 0 X 13 13 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X JENNY CALVERT RODRIGUEZ 4155016154 1155 BATTERY STREET LS7 SAN FRANCISCO CA 94111 PETER HAAS JR PRESIDENT 2.00 0.00 X X 0 0 0 LISA STIRLING CFO 1.00 39.00 X X 0 0 0 JEFF HARLOWE VICE PRESIDENT 0.20 0.00 X X 0 0 0 KELLY MCGINNIS SECRETARY 3.00 37.00 X X 0 0 0 SUSAN BRENNAN BOARD MEMBER 0.20 0.00 X 0 0 0 MOLLY BUCKLEY BOARD MEMBER 0.20 0.00 X 0 0 0 RICHARD GOMES BOARD MEMBER 0.20 39.80 X 0 0 0 TOM FANOE BOARD MEMBER 0.20 0.00 X 0 0 0 BRADLEY HAAS BOARD MEMBER 0.20 0.00 X 0 0 0 LIZ O'NEILL BOARD MEMBER 0.20 39.80 X 0 0 0 SCOTT WHITE BOARD MEMBER 0.20 39.80 X 0 0 0 HEIDI MANES BOARD MEMBER 0.20 39.80 X 0 0 0 SANJEEV MOHANTY BOARD MEMBER 0.20 39.80 X 0 0 0 JENNY RODRIGUEZ EXECUTIVE DIRECTOR 40.00 0.00 X 312893 0 16182 JOHN BOOKER GLOBAL PHILANTHROPY LEAD 40.00 0.00 X 159344 0 12002 BRYCE KUMAGAI GLOBAL PROGRAMS MANAGER 40.00 0.00 X 135442 0 3899 ELLA CLAUSEN COMMS & PROGRAMS MANAGER 40.00 0.00 X 112816 0 1596 720495 0 33679 4 0 1 1 0 95741 2227282 123389 2323023 395355 395355 1550000 1174822 375178 375178 375178 0 95741 3889 -3889 -3889 3089667 0 0 766644 2277222 2277222 815169 815169 314992 274746 40246 540147 397883 16976 125288 180314 134896 2982 42436 1364 1364 78556 15792 62764 8910 8910 105248 105248 6248 4544 1704 9161 4729 773 3659 22899 12000 1138 9761 5483 1092 4391 3031 2364 176 491 BAD DEBT EXPENSE 77551 77551 MERCHANT FEES 21649 4127 434 17088 TEAM DEVELOPMENT & EVEN 12748 10165 2583 FOREIGN EXCHANGE LOSSES 11531 11531 4492223 4137528 147294 207401 108787 347200 349380 236985 232967 123324 55297 0 15441 161779 25552 79645 17269155 15212422 18056579 16161355 24681 32407 24681 32407 X 18031898 16128948 18031898 16128948 18056579 16161355 -1402556 -1271403 771009 0 X 0 1 X 1 0 X 1868452 2820112 1706238 2106494 2323023 10824319 1868452 2820112 1706238 2106494 2323023 10824319 1886000 8938319 408078 402601 315142 380870 393355 1900046 2800 2520 5320 12729685 169 0.70220 0.65400 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GAMING ACTIVITIES GROSS INCOME - 2018 AMOUNT: $ 2,800. 2019 AMOUNT: $ 2,520. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 2667242 -1271403 857888 -413515 3080757 8910 8910 3089667 4570192 86879 86879 4483313 8910 8910 4492223 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND FROM CALIFORNIA FRANCHISE AND/OR INCOME TAXES UNDER SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE. AS OF MAY 31, 2023, MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD MAINTAINED ITS TAX-EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. 1 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTMAKING 244163 NORTH AMERICA 0 0 GRANTMAKING 55823 SOUTH AMERICA 0 0 GRANTMAKING 8526 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTMAKING 15000 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING 184301 SOUTH ASIA 0 0 GRANTMAKING 24615 SUB-SAHARAN AFRICA 0 0 GRANTMAKING 282740 0 0 0 0 0 0 815168 0 815168 GRANT, SCHOLARSHIPS EUROPE (INCLUDING ICELAND & GREENLAND) 53 244163 CASH PAYMENT GRANT, SCHOLARSHIPS NORTH AMERICA 6 55823 CASH PAYMENT GRANT, SCHOLARSHIPS SOUTH AMERICA 313 8527 CASH PAYMENT GRANT, SCHOLARSHIPS MIDDLE EAST AND NORTH AFRICA 1 15000 CASH PAYMENT GRANT, SCHOLARSHIPS EAST ASIA AND THE PACIFIC 459 184301 CASH PAYMENT GRANT, SCHOLARSHIPS SOUTH ASIA 53 24615 CASH PAYMENT GRANT, SCHOLARSHIPS SUB-SAHARAN AFRICA 1 282740 CASH PAYMENT 0 0 0 0 0 0 PART I, LINE 2: PROGRAM MANAGER REVIEWS AND VALIDATES ELIGIBILITY FOR EACH GRANT APPLICATION. A DAILY GRANT PAYMENT SCHEDULE/SUMMARY IS PREPARED BY PROGRAM ADMIN, AND AN APPROVAL IS OBTAINED FROM THE EXECUTIVE DIRECTOR OR AN OFFICER BEFORE THE GRANT PAYMENT CAN BE ISSUED TO THE GRANTEE. ELECTRONIC PAYMENTS VIA BILL.COM ARE ENTERED BY PROGRAM ADMIN, AND EXECUTIVE DIRECTOR MUST LOG IN AND APPROVE PAYMENT. ALL CHECK PAYMENTS OVER $1000, A SECOND SIGNATURE FROM EXECUTIVE DIRECTOR OR AN OFFICER IS REQUIRED BEFORE THE CHECK IS ISSUED. ALL BANK ACTIVITIES ARE REVIEWED AND RECONCILED BY RTF ACCOUNTANT ON A MONTHLY BASIS. PART III ACCOUNTING METHOD: RUN FOR RED TAB VIRTUAL RACE 95741 95741 3774 115 95741 95741 3774 115 3889 -3889 1 EMERGENCY AID 1446 2078634 RED TAB SAVERS 1249 198578 PART I, LINE 2: AN OUTSIDE PROVIDER IS USED (SCHOLARSHIP MANAGEMENT SERVICES). THEY ARE GIVEN A TARGET NUMBER OF NEW SCHOLARSHIPS TO AWARD EACH YEAR. SCHOLARSHIPS ARE AWARDED 25% ON THE STUDENT'S MERIT AND 75% ON THE NEED. GROSS FAMILY INCOME IS TAKEN INTO CONSIDERATION AS WELL AS THE TOTAL NUMBER OF DEPENDENT CHILDREN IN THE HOUSEHOLD AND/OR CURRENTLY ATTENDING COLLEGE/UNIVERSITY. A COMPARISON ACROSS COUNTRIES IS MADE TO ENSURE THE NEEDIEST STUDENTS ARE AWARDED SCHOLARSHIPS. EMERGENCY FINANCIAL GRANTS ARE PROVIDED BASED ON NEED. AN APPLICATION LISTING INCOME AND EXPENSES STATEMENTS IS REQUIRED AND EMPLOYMENT/SALARY IS VERIFIED WITH LEVI STRAUSS & CO. THE EMERGENCY CIRCUMSTANCES ARE VERIFIED WITH MANAGEMENT OR HUMAN RESOURCES PERSONNEL. WHEREVER POSSIBLE, THE MAJORITY OF GRANTS ARE PAID DIRECTLY TO PROVIDERS RATHER THAN INDIVIDUALS. 0 0 0 0 0 0 0 0 0 JENNY RODRIGUEZ EXECUTIVE DIRECTOR 153183 0 126829 0 32881 0 0 0 16182 0 329075 0 0 0 JOHN BOOKER GLOBAL PHILANTHROPY LEAD 120297 0 39047 0 0 0 0 0 12002 0 171346 0 0 0 PART I, LINE 3 JENNY CALVERT RODRIGUEZ, EXECUTIVE DIRECTOR FOR THE FOUNDATION, AND JOHN BOOKER, GLOBAL PHILANTHROPY LEAD FOR THE FOUNDATION, RECEIVED THEIR FORMS W-2 FROM LEVI STRAUSS & CO. THE FOUNDATION IN TURN REIMBURSES LEVI STRAUSS & CO. FOR ALL OF THEIR COMPENSATION EXPENSES. IN DETERMINING THEIR COMPENSATION, THE FOUNDATION USES LEVI STRAUSS & CO.'S COMPENSATION COMMITTEE, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. X 1 123389 FMV 0 0 1 0 PART I, COLUMN (B): THIS COLUMN REPRESENTS THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION A, LINE 2 PETER HAAS, JR. AND BRADLEY HAAS HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B HOOD & STRONG FORWARDED A FINAL DRAFT OF THE FORM 990 TO THE EXECUTIVE DIRECTOR AND CFO FOR REVIEW, WHO THEN GAVE IT TO THE FOUNDATION'S BOARD MEMBERS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS AND A DIRECT OR INDIRECT FINANCIAL INTEREST ARE COVERED UNDER THE POLICY. THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS CIRCULATED AND REVIEWED ANNUALLY. A WRITTEN ACKNOWLEDGEMENT MUST BE SIGNED BY EACH BOARD MEMBER CONFIRMING THAT THEY HAVE READ AND UNDERSTAND THE CONFLICT OF INTEREST POLICY. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE FINANCIAL INTEREST AND ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE OR SHE SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE MEETING, BUT AFTER SUCH PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. THE CHAIRPERSON OF THE BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE FOUNDATION CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE FOUNDATION'S BEST INTEREST AND FOR ITS OWN BENEFIT AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO THE FOUNDATION AND SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH DETERMINATION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS DETERMINED BY LS&CO.'S HUMAN RESOURCES DEPARTMENT, WHICH CONDUCTS ROBUST MARKET COMPENSATION ANALYSES AND BENCHMARKING. FORM 990, PART VI, SECTION C, LINE 19 RED TAB FOUNDATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE ON RED TAB FOUNDATION'S WEBSITE AND UPON REQUEST FOR THE SAME PERIOD OF TIME SET FORTH IN SEC. 6104(D). LEVI STRAUSS & CO 1155 BATTERY STREET SAN FRANCISCO CA 94111 940905160 DESIGN AND MANUFACTURE DE N/A C 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0