The Eric and Tamar Goldstein Foundation

“Tamar goldstein (trustee) and eric s. Goldstein (president) have a family relationship.”

“Description of process for review of form 990: initially, form 990 is reviewed and approved by the financial staff of uja-federation of new york, a supported organization of the entity. The form 990 is then distributed to all board members prior to its filing.”

“The organization follows the procedures established by uja-federation of new york, (a supported organization) for its operations.”

“The officer's compensation listed in part vii is paid by uja-federation of new york, the entity's supported organization. Pursuant to its bylaws, uja-federation of new york has a compensation committee composed of independent officers of the organization. The committee reviews and approves the compensation of the most highly compensated executives of uja-federation of new york. The compensation committee retains an independent compensation consultant to provide comparability data for their consideration in order to demonstrate the reasonableness of the recommended compensation for the senior executives of uja-federation of new york. Deliberations of the compensation committee are contemporaneously recorded in the minutes of the committee; those minutes were circulated to the committee members and approved by a vote of the members of the compensation committee.”

“The organization is managed by employees of its supported organization, uja-federation of new york, which has conflict of interest policy, ethical guidelines, written whistleblower policy, and written document retention and destruction policy and these documents are available on the supported organization's website or upon request. The organization's financial statements are included in the consolidated financial statements of its supported organization and made available to the public on the supported organization's website. The organization's governing documents are made available upon request.”

“The board of trustees devotes a significant amount of time to the affairs of the supporting organization. As the organization does not maintain a system for tracking various hours worked by these non-compensated individuals, no average hours per week were indicated for these listed trustees and/or officers. For trustees or officers compensated by the related organization, average hours per week were based upon the related organization's standard of 35 hours per week for payroll reporting purposes. These individuals are salaried employees of the related organization and are not required to maintain or submit time sheets, although all of them generally work in excess of 35 hours per week.”