Crown Family Foundation

“Lester crown, a. Steven crown, and sara crown star have a family relationship. David brown has a business relationship with david sherman and andrew hochberg.”

“Members of the corporation are divided into two classes per the bylaws: the donor members and the publicly supported organization members which are the jewish federation of metropolitan chicago and the jewish united fund of metropolitan chicago.”

“The board of directors consists of nine persons: four appointed by the donor members, four appointed by the publicly supported organization members, and the ninth will be the person serving as the president of the federation, or his or her designee. If the federation ceases being a member of the corporation, the successor will be elected by the publicly supported organization members.”

“A copy of form 990 was provided to the board members for their review prior to filing with the irs. The board members were able to make recommendations for any changes prior to filing. The form 990 was reviewed and approved by the compliance committee.”

“A conflict of interest questionnaire is circulated to all board members (directors) and key personnel on an annual basis. This process is managed by the jewish federation of metropolitan chicago (federation). The completed questionnaires are reviewed by federation management and any conflicts are disclosed to the board of directors. If a director does have a conflict or business relationship with the foundation, he or she is required to abstain from any votes related to that matter.”

“The foundation's governing documents, conflict of interest policy and financial statements are made available to all volunteer members of the board of directors. With regard to the general public, the organization provides these upon request for the same period of disclosure as set forth in irc section 6104(d).”