Tony Hawk Foundation

“Line 2 explanation - the organization's founder and president, anthony hawk, chairs the board of directors, which includes three siblings: steve hawk, lenore hawk dale, and pat hawk. The tony hawk foundation was originally registered as a private family foundation in 2001, but was granted 501(c)3 status as of january 1, 2004. The original four family members listed above are permanent members of the organization's board of directors, with the remaining 16 authorized members being independent directors serving 2-year terms. Anthony hawk is sole proprietor of tony hawk inc., and pat hawk is the company's coo. Sandy dusablon, an independent director on the tony hawk foundation board of directors, is cfo of tony hawk, inc. Of the 20 authorized members of the tony hawk foundation board of directors, currently 20 seats are active. 16 of the 20 are occupied by independent directors who are not members of the hawk family and who have no affiliation with tony hawk inc. Or related entities.”

“Line 11a explanation - the form 990 will be reviewed by the executive committee before it is filed.”

“The organization consistently monitors and enforces compliance with the conflict of interest policy. The tony hawk foundation conflict of interest policy does not preclude a director from doing business with the organization, but when the organization enters into a business relationship with a director or company affiliated with a director, terms of the relationship are discussed and approved at board meetings, and the related directors abstain from voting. The presence of the related director, for the purpose of the vote concerning their business relationship with the organization, does not apply in determining a quorum.”

“Compensation review and approval of other officers or key employees is determined by the executive committee. Compensation of top management is determined by executive committee.”

“The governing documents are available upon request.”

“Youth outreach program: the youth outreach program conducts research about the needs of youth and assists local organizations that provide skateboarding programming to children. Currently, a research project is being conducted by the foundation and usc, and a youth affiliate pilot project currently provides support and funding to five organizations that work with youth in cities across the us. International program: the international program is the foundation's assistance to organizations abroad that provide skateboarding programming to youth around the world. Currently, the thf international program includes a partnership with berlin-based skateitan, which operates schools in afghanistan, cambodia, and south africa.”

“Printing: program service expenses 5,983. Management and general expenses 0. Fundraising expenses 1,994. Total expenses 7,977. Miscellaneous: program service expenses 2,903. Management and general expenses 1,619. Fundraising expenses 1,901. Total expenses 6,423. Commissions: program service expenses 3,000. Management and general expenses 0. Fundraising expenses 3,000. Total expenses 6,000. Postage and delivery: program service expenses 4,295. Management and general expenses 453. Fundraising expenses 24. Total expenses 4,772. Telephone: program service expenses 2,826. Management and general expenses 942. Fundraising expenses 942. Total expenses 4,710. Bank service charges: program service expenses 531. Management and general expenses 529. Fundraising expenses 529. Total expenses 1,589. Internet access: program service expenses 892. Management and general expenses 31. Fundraising expenses 114. Total expenses 1,037. Contract labor: program service expenses 75. Management and general expenses 0. Fundraising expenses 425. Total expenses 500. Publicity: program service expenses 99. Management and general expenses 0. Fundraising expenses 0. Total expenses 99.”

“There are no changes to organization's oversight process or selection process during the year.”