Hd Supply Charitable Fund Inc.

Statement 2

“PART VI, LINE 11b DETAIL Form 990 is prepared and reviewed by the HD Supply tax department. PART VI, LINE 12c DETAIL Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: 1. Has received a copy of the conflicts of interest policy, 2. Has read and understands the policy, 3. Has agreed to comply with the policy, and 4. Understands HD Supply Fund is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. To ensure HD Supply Fund operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects: 1. Whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arm's length bargaining. 2. Whether partnerships, joint ventures, and arrangements with management organizations conform to HD Supply Fund'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. PART VI, LINE 19 DETAIL The organization's governing documents, conflict of interest policy, and financial statements are available upon request. STATEMENT 2”