The San Francisco Japantown Foundation

“Reviewed by president before filing.”

“The conflict of interest policy addresses transactions and arrangements involving the foundation's directors, officers, members of any committee of the foundation's board of directors that has authority to act on behalf of the board of directors, and those foundation employees who may be designated by the foundation's president ("covered persons"). No covered person may engage in any transaction or arrangement or undertake positions with other organizations that involve a conflict of interest, except in compliance with this policy. Covered persons should avoid both actual conflicts and the appearance of conflicts of interest. Every covered person shall: (i) disclose all actual and potential conflicts as set out below; and (ii) recuse himself/herself from voting on any transaction or arrangement in which he/she has a potential or actual conflict of interest, and shall not be present during final deliberations prior to the vote and when any such vote is taken. Every covered person shall sign a statement that affirms that he or she has received a copy of this policy, has read and understands it, and has agreed to comply with it, and shall complete an annual questionnaire disclosing his or her actual and potential conflicts of interest. Periodic review to ensure the foundation operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax- exempt status, period reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects: (a) whether the compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arm's length bargaining; and (b) whether the partnerships, joint ventures, and arrangements with management organizations conform to the foundation's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction. Enforcement each covered person shall promptly and fully disclose all material facts of every actual or potential conflict of interest: (i) existing at the time when he/she becomes a covered person; (ii) that arises while he/she is a covered person, at the time such actual or potential conflict arises; and (iii) annually through the annual conflict of interest questionnaire. The president shall disclose to the board of directors all conflicts of interest reported to him or her under this policy. The board of directors will evaluate the disclosures to determine whether they involve actual conflicts of interest. If the board of directors has reasonable cause to believe that a covered person has failed to comply with this policy, the board or its delegate may counsel the covered person regarding such failure and, if the issue is not resolved to the board's satisfaction, may consider additional corrective action as appropriate.”

“Governing documents, policies, board minutes are available to public upon request.”

“Organization is established to provide financial support of cultural, charitable, and educational activities and services for the benefit of residents, visitors, and other stakeholders of san francisco japantown and services that promote such activities.”

“Provided grants to nonprofit groups with cultural, community and educational activities that the organization determined best promote and support san francisco's japantown”

“Outside contract services 77,505 0 0 business expenses - other 87 0 0 accounting fees 210 0 0 business registration fees 75 0 0 contract services- other 12,859 0 0 other costs 3,249 0 0 total 93,985 0 0”