Sol Price Retailingservice Scholarship Program

“The form 990 is reviewed by the foundation's cfo for accuracy and completion. A complete copy of the form 990 was made available to each of the board members for their review before the return was filed with the internal revenue service.”

“The organization monitors compliance with the conflict of interest policy by giving each board member a copy of the policy at the first board meeting of the fiscal year; each board member is asked to read and sign the policy.”

“The bylaws, articles of incorporation, irs determination letter, and the conflict of interest policy are available to the public by contacting the supported organization - the san diego foundation. The financial statements are reported on a consolidated basis and are available on the san diego foundation's website, www.sdfoundation.org”

“The sol price retailing/service scholarship program benefits the san diego community by giving educational opportunities to students attending city college. Price scholars receive assistance to fulfill their educational goals. Such assistance includes financial assistance, academic assistance, and individual counseling. In exchange for this assistance, price scholars are required to perform 200 to 300 hours of community service or internships in the community each year they are enrolled in the program. The price scholarship program helps prepare students for the job market by encouraging and assisting them in obtaining a certificate of completion or an associate degree. They are also provided with valuable experience through structured job shadowing, community service assignments, and internships with local community agencies, schools, and businesses in the city heights, balboa park, and the local community of san diego. The involvement in community service activities is coordinated for these scholarship participants. These activities benefit the participant's personal and professional goals as well as the greater community. For the fiscal year july 1, 2015 through june 30, 2016, the price scholarship program assisted over 73 students, with 22 completing the two-year program, serving with 19,206 hours of community service valued at $326,502 provided to 10 community non-profit organizations. Six price scholars graduated from 2012 cohort of the price scholarship program and san diego city college and have gone on to other universities and 11 from other former cohorts have transferred to 4 year universities as well, making a total of 21 graduates this may, 2016. Eleven former scholars have graduated with their ba's. A total of $467,500 was granted to san diego community college auxiliary organization to run this program. A total of 32 new scholars were admitted into the new 2015-2017 cohort program.”

“The sol price retailing/service scholarship program is a supporting organization of the san diego foundation. The financial statements of the san diego foundation and all supporting organizations, including sol price retailing/service scholarship program, are audited on a consolidated basis.”

“ROUNDING 1.”

“The sol price retailing/service scholarship program is a supporting organization of the san diego foundation. The financial statements of the san diego foundation and all supporting organizations, including sol price retailing/service scholarship program, are audited on a consolidated basis. The san diego foundation has an audit committee which is charged with the responsibility of oversight of the audit of its financial statements and selection of an independent accountant.”