Robin Hood Foundation

“BOARD OF DIRECTORS MEMBERS PAUL TUDOR JONES AND Glenn Dubin HAD A BUSINESS RELATIONSHIP. BOARD OF DIRECTORS MEMBERS PAUL TUDOR JONES AND DAVID SALTZMAN HAD A BUSINESS RELATIONSHIP. Board of directors member Paul Tudor Jones and officer reynold levy HAD a business relationship. BOARD OF DIRECTORS MEMBERS DAN OCH AND DAVID SOLOMON HAD A BUSINESS RELATIONSHIP. BOARD OF DIRECTORS MEMBERS JOHN OVERDECK AND PAUL TUDOR JONES HAD A BUSINESS RELATIONSHIP. BOARD OF DIRECTORS MEMBERS Bob Pittman AND John Sykes HAD A BUSINESS RELATIONSHIP. BOARD OF DIRECTORS MEMBERS GLENN DUBIN AND BOB PITTMAN HAD A BUSINESS RELATIONSHIP. board of directors members harvey weinstein and paul tudor jones HAD a business relationship. Board of directors members John Overdeck and David Saltzman had a business relationship. FORM 990, PART VI, SECTION A, LINE 4 The Robin Hood Foundation amended its bylaws in 2017 for the sole purpose of creating the Chief Executive Officer role. The Chief Executive Officer will be the chief administrative and executive officer of the Foundation who will be responsible for the implementation of all policies established by the Board of Directors. The Chief Executive Officer is a non-voting ex officio member of the Board of Directors.”

“Robin Hood's board of directors has delegated to the Audit, Finance and Compliance Committee the authority to review Robin Hood's Form 990 prior to filing. Pursuant to that authority, after review by Robin Hood's tax and legal advisors, a draft of the Form 990 was sent to the full afc committee for the committee's review and comment. A copy of Robin Hood's Form 990 was provided to each member of the board prior to filing.”

“Robin hood's conflict of interest policy places an affirmative obligation on each officer, director and key employee to disclose any contract or transaction in which he or she has an interest at the time that the contract or transaction is considered by the board or committee authorizing the contract or transaction. The policy also requires each officer, director and key employee to furnish an annual conflict of interest disclosure statement. The disclosure statement includes an affirmation by the individual signing the statement that he or she has read Robin Hood's conflict of interest policy and agrees to abide by it. The disclosure data is reviewed by Robin Hood's general counsel, who maintains a list of relationships that could give rise to a conflict of interest. Prior to board or committee meetings where contracts are to be voted on, the general counsel reviews the agenda and identifies any potential or actual conflicts of interest. If a potential or actual conflict of interest is identified, it is disclosed to the board or committee. If the individual with the potential or actual conflict of interest is present at the meeting, he or she may participate in the information-gathering stage of the board's or committee's discussion but must leave the room for the final deliberation and vote.”

“Robin Hood's Executive Committee has the authority to make decisions relating to the compensation of its top management official and key employees. (Note: Robin Hood does not compensate its directors or non-staff officers.) The committee is assisted in this process by an outside compensation consultant, legal counsel and Robin Hood's Audit, Finance and Compliance Committee. Compensation decisions are made with reference to comparability data for similarly qualified persons in functionally comparable roles at similarly situated organizations presented by the outside compensation consultant. Robin Hood complies with the "rebuttable presumption" procedures for determining that compensation is reasonable under internal revenue code section 4958. Deliberations and decisions regarding compensation arrangements are contemporaneously documented in meeting minutes.Robin Hood last commissioned a compensation study in 2015; this study was reviewed and adjusted for inflation in late 2016 and utilized to evaluate 2017 executive compensation. The Foundation commissioned a separate compensation study when the new Chief Executive Officer, Wes Moore, was hired in early 2017.”

“ROBIN HOOD'S CERTIFICATE OF INCORPORATION, BY-LAWS and Conflict of Interest Policy ARE MADE AVAILABLE TO THE PUBLIC ON REQUEST. ROBIN HOOD'S AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE POSTED ON ROBIN HOOD'S WEBSITE. A SUMMARY OF ROBIN HOOD'S AUDITED FINANCIAL STATEMENTS (ALSO APPROVED BY ROBIN HOOD'S AUDITORS) IS ALSO POSTED ON ROBIN HOOD'S WEBSITE.”

“Reconciliation of Net Assets Rescinded Grants: $1,931,804”