John Hunter Foundation

“Directors are related as such:judith hunter, motherjennifer hunter, daughterbrenda fisher, daughter”

“The form 990 is prepared by the organization's accounting firm. The form 990 is reviewed and approved by board directors.”

“The john hunter foundation governing documents are available upon request. Summarized information regarding the john hunter foundation's purpose and programs can be found at www.johnhunterfoundation.com”

“Construction and construction loan.the john hunter foundation (the foundation) submitted the form 1023 on july 8, 2010 with a letter requesting expeditious handling for the purpose of obtaining a loan from central valley bank. However, in order for the building to be ready for the 2010-2011 school year construction had already begun. In early april 2010 judy hunter purchased the land for the construction site. At this point it became apparent that the construction must be started. Ms. Hunter began the process of forming the foundation and locating and hiring a contractor to begin the construction. In order for the construction to begin ms. Hunter paid for the costs to begin construction (which is recorded as support). Later financing was obtained in order for the building to be completed for the up coming school year. Central valley bank approved a loan in the amount of $2,499,000 for construction of the school building (the construction deed is provided as collateral). However, since the foundation had not been properly formed and tax exempt status obtained, the bank issued the loan in the name of judy hunter with the foundation to be added after proper documentation was obtained. As this is the first year of operations for the foundation, the foundation was limited on the ability to raise funds for the payment of the loan. Subsequently as guarantor of the loan, judy hunter made the loan payments required during the calendar year 2010 which are recorded as support.”