Ycs Foundation Inc.

“Mr. Dominick Bratti, board member, is a partner at Wilentz Goldman & Spitzer, PA a legal firm that the corporation does business with. Ms. Faye Samuels, board member, is married to the owner of pictorial Offset Corporation, a printing firm that the corporation does business with.”

“The prepared Form 990 is forwarded to the member of the finance committee prior to a scheduled finance committee meeting and presented to the members by the organization's CFO during such meeting. All questions are addressed by the organization's CFO.”

“The corporate conflict of interest policy prevents the personal interest of any corporation trustee, officers or staff member from interfering with the performance of their responsibilities to the corporation or resulting in personal, financial, professional and/or political gain on the party of any corporation. It is the responsibility of affected individuals to disclose, in writing to the corporation's chairperson of the board or president when a trustee is related to another trustee, related to a corporation staff member, is a corporation staff member, a corporation staff member is a supervisory capacity is related to another staff member they supervise, a trustee or a corporation staff member is a member of the governing body of contributor to the corporation. Upon disclosure statement the chairperson of the board or president shall at the next meeting of the board appoint an ad-hoc committee consisting of three trustees to review all facts and circumstances and recommend to the board any future action required, if any.”

“The executive committee of the board of trustees reviews and approves in advance on an annual basis the total compensation paid by the organization to the organization's president. The executive committee of the board of trustees shall obtain and consider appropriate data as to comparability before making its decision. Such data may be obtained by any means and may include industrial surveys of persons holding similar positions in similar organizations. Such determination shall be documented and must include terms of compensation, date approved, member who voted on it and all data used to determine such compensation.”

“Upon request.”

“Governance documents, conflict of interest policy, and financial statements are available for viewing by the public by written request.”

“The organization is amending this return to reflect the following corrections because of changes to the completed audited financial statements: Form 990, Part I, Current Year, Lines 8 & 17 changed due to changes on subsequent pages/schedules. Form 990, Part III Line 4a, expenses changed. Form 990, Part VIII Line 1F increased by $44,909. Form 990, Part IX Line 24A increased by $50,078 and Line 24B decreased by $5,169. Form 990, Part XI Line 1 and 2 changed due to changes on previous pages. Schedule A, Part II, Section A, Line 1e increased by $44,909. Schedule A, Part II, Section A, Line 5f, the exclusion amount decreased by $898. Schedule A, Part II, Section A, Line 1e and Section B, Line 11f increased by $44,909. Schedule D, Part XI, Lines 1 and Part XII, Lines 1 & 4b changed due to changes in audited financial statements. Schedule R, Part V, Line 2, (1), increased by $50,083.”

“The organization has a finance/ audit committee which assumes responsibility for oversight of the audit.”