The Jeito Foundation

“Two of the trustees (or the whole number rounded up from one-third of all trustees) shall be appointed by wilford a. Cardon. All of the rest of the trustees (a majority) shall be appointed by the church of jesus christ of latter-day saints.”

“The foundation will furnish a copy of form 990 to legal counsel and trustees for their review. Any comments or questions will be addressed prior to the filing of the form.”

“The trustees are expected to report any conflicts they may have prior to agreeing to approving any investments, contracts or grants.”

“The foundation complies with the legal requirements to provide copies of the annual irs form 990 and the application for exemption, by retaining these documents and providing copies to the public upon request. The foundation does not make its governing documents, conflict of interest policy or financial statements available to the public.”

“Three of the board members are full-time employees of the church of jesus christ of latter-day saints or one of its charitable affiliates. Their compensation is determined solely with reference to their duties in such full-time employment, and is not affected by their duties or service as trustee of the foundation. The board members have been asked to provide the information required for the form 990, part vii and, if applicable, schedule j. The board members have been instructed by their employer that their compensation is confidential and they are not at liberty to disclose.”

“Book-tax difference from k1 private investors 27-5411266 -153,730. Book-tax difference from solamere capital fund ii lp 46-2502981 90,726. Book-tax diff. From enlightenment capital solutions fund iii, lp 82-4046445 -2,933. Book-tax difference from titan development real estate fund i lp 82-2353928 -15,119.”