Ryan Seacrest Foundation Inc.

“Gary seacrest, connie seacrest, ryan seacrest and meredith seacrest all have a family relationship. Jeff refold and ryan seacrest have a business relationship.”

“Upon gathering the proper information necessary, an outside cpa firm will prepare the form 990. Upon completion of the form 990, the firm will review the form in detail with the coo of the foundation. After any necessary changes are made, the final form 990 will be forwarded to all board members before it is filed with the irs.”

“Salaries were determined by using comparable data researched and recorded per a review of similarly situated exempt organization's on guidestar and charity navigator. A qualified third party compensation specialist reviewed the compensation paid to officers and prepared an independent compensation study to assess the reasonableness of the compensation. Compensation was determined, through the third party, independent study, to be reasonable for all officers of the organization. To determine gary seacrest's (board member and officer) salary, a reasonable compensation study was prepared by a specialist to establish a reasonable compensation range using comparable salary data for legal and general counsel of similarly situated exempt organizations, as mr. Seacrest is a licensed attorney. The board reviewed this compensation study when establishing the salary paid to gary seacrest. In determining meredith seacrest's (top management official) salary, the board engaged an outside, independent specialist to provide a reasonable compensation memo regarding the compensation amount paid. The board reviewed this memo, along with comparable data, to determine that the salary was reasonable and comparable to top management official salary in similarly situated entities.”

“The organization's form 990, form 1023, and governing documents are available upon request.”