Atlanta Hawks Foundation Inc.

“Review of form 990 a copy of the form 990 was not provided to the board of directors prior to filing. Instead, the organization's independent accountant prepared and reviewed the form 990 based on the financial statements prepared by the organization. The final financial statements were approved by the foundation's president/director. The form 990 was then reviewed by the chief financial officer and the financial manager prior to filing.”

“Conflict of interest the organization does not have any employees of its own, but employees of atlanta hawks, llc, a related organization, perform the required functions of the organization. All employees of atlanta hawks, llc are required to sign a confidentiality agreement which includes rules for the conflicts of interest policy.”

“Determining compensation atlanta hawks foundation, inc. Does not provide compensation to officers, directors, or key employees of the organization.”

“Public disclosure the organization does not make its governing documents, conflict of interest policy or financial statements available to the public.”

“Related organization compensation the officers and directors of the atlanta hawks foundation, inc. Volunteer in their position as officer or director of the foundation. Each individual is an employee of the atlanta hawks, llc, a related organization, and as such is compensated by atlanta hawks, llc. Per the instructions to form 990, organizations need not report in columns e or f compensation from a related organization paid to a volunteer officer or director if the related organization is a for-profit entity and is not controlled directly or indirectly by the exempt organization and does not provide management services for a fee to the organization. The atlanta hawks foundation, inc. Neither directly nor indirectly controls the atlanta hawks, llc. Additionally, it does not charge a management fee to the atlanta hawks, llc. As such, the atlanta hawks foundation, inc. Qualifies for the volunteer exception for its related organization compensation disclosure requirements.”

“Other program services each season several players host charitable events for local non-profit organizations. These events include thanksgiving dinners for women and children in shelters, events for the boys and girls clubs, and purchasing tickets for georgia youth to attend hawks games. Players donate funds to the atlanta hawks foundation for these events.”