Healing Transitions Endowment Inc.

“The organization evaluates its uncertain tax positions using provisions of financial accounting standards board accounting standards codification (asc) 740-10-25, recognition of a tax position. Accordingly, the organizations policy is to record a liability for any tax position taken that is beneficial to the organization, including any related interest and penalties, when it is more likely than not th position of management with respect to a transaction or class of transactions will be overturned by a taxing authority upon examination. Management believes there are no such positions as of december 31, 2014 or 2013. Tax years subsequent to 2099 remian subject to examination by major tax jurisdictions.”

“The organization's endowment consists of a general fund established as a general endowment. The organization has established a board of trustees to manage and grow the endowment in order to provide a predictable stream of funding to programs. The organization targets a diversified asset allocation that places an emphasis on equity-based investments to achieve its long-term return objectives.”

“The organization evaluates its uncertain tax positions using provisions of financial accounting standards board of accounting standards codification (asc) 740-10-25, recognition of a tax position. Accordingly, the organization's policy is to record a liability for any tax position taken that is beneficial to the organization, including any related interest and penalties. When it is more liekly than not the position of management with respect to a transaction or class of transactions will be overturned by a taxing authority upon examination. Management believes there are no such positions as of december 31, 2014 or 2013. Tax years subsequent to 2009 remain subject to examiniation by major tax jurisdictions.”