Restore Justice Foundation

“Form 990 was sent to the executive director, the president and treasurer for review before filing. The entire board was notified that the forms were available for inspection upon request.”

“Section 14: director conflict of interest. A. If a transaction is fair to the corporation at the time it is authorized, approved, or ratified, the fact that any director of the corporation is directly or indirectly a party to the transaction is not grounds for invalidating the transaction. B. In a proceeding contesting the validity of a transaction on the grounds that it is unfair to the corporation due to a conflict of interest, the person asserting validity has the burden of proving fairness unless the material facts of the transaction and the director's interest or relationship were disclosed or known to the board of directors or a committee consisting entirely of directors, and the board or committee authorized, approved or ratified the transaction by the affirmative votes of a majority of disinterested directors, even though disinterested directors did not consitute a quorum. C. Quorum, voting: the presence of the director who is directly or indirectly a party to the transaction described in part (b) of this section, or a director who is otherwise not disinterested, may be counted in determining whether a quorum is present but may not be counted when the board of directors or a committee of the board takes action on the transaction. D. Indirect interest: a director is "indirectly" a party to a transaction if he or she either: 1. Has a material financial interest in the entity with which the transaction is occurring, or 2. Is an officer, director, or general party with the entity with which the transaction is occurring. E. Grant exception: if a director or the corporation is also an officer or director of both parties to a transaction involving a grant or contribution, without consideration, from one entity to other other, that director is not "indirectly" a party to the transaction so long as the director does not have a material financial interest in the entity that receives the grant or contribution.”

“The board reviews compensation of officials every year and makes changes as necessary.”

“Governing documents and financial statements are available to the public upon request.”

“Illinois prison project net assets -906,075.”

“The foundation changed its accounting method from cash to accrual basis as of july 1, 2022. A prior period adjustment of $297,917 was made to beginning net assets to convert the foundation's balances to accrual basis.”

“The foundation is amending their 2022 form 990 and ag990-il in order to properly agree the tax return to the june 30,2022 audited financial statements.”