The Johnny M Foundation Inc

“John murabito, president and chairman, and patricia murabito, secretary and treasurer are married.”

“A copy of the form 990 will be provided to the entire board to review before filing.”

“Any director, principal officer, or member of a committee with governing board delegated powers, who has a direct or indirect financial interest, is an interested person. Each interested person upon election or at the time of enactment of the policy shall complete and submit to the board of directors a conflict of interest disclosure statement. Each interested person shall annually sign a statement which affirms that such person has received a copy of the conflict of interest policy, has read and understands the policy, has agreed to comply with the policy, and understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax exempt purposes. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he or she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to review any disclosed conflicts of interest.”

“The organization's financial statements, governing documents and conflict of interest policy will be made available to the public upon request.”

“The organization originally applied for tax-exempt status with the irs with the intention of being recognized as a public charity. However, the original irs determination letter dated may 16, 2011 deemed the organization a private foundation under section 509(a). Accordingly, the organization filed form 990-pf for the year ended december 31, 2011. The irs issued a new determination letter dated june 4, 2013 indicating that the organization is a public charity status under section 170(b)(1)(a)(vi). Therefore the organization is filing form 990 as required for the year ended december 31, 2015.”