Thousand Oaks Rotary Foundation

“The bylaws were changed see the attached pdf copy.”

“A copy of the form 990 is available to the board of directors for review. The form 990 is reviewed in detail by members of the board who have experience and knowledge about tax and financial maters.”

“Organization board of directors monitors the activity of the transactions to determine and prevent conflicts of interests.”

“Thousand oaks rotary foundation provides public disclosure of its tax returns, financial statements, and governing documents upon request from the public.”

“Client Note 1 - QUESTION 12a PART VI SECTION BTHERE HAVE BEEN NO ISSUES RAISED IN THE PAST HISTORY OF THE ORGANIZATION THROUGH JUNE 30, 2020 AND CURRENTLY THERE ARE NO CONFLICT OF INTEREST ISSUES. QUESTION 15b PART VI SECTION BTHE ORGANIZATION PAYS ONE OF ITS DIRECTOR'S A NOMINAL FEE TO PREPARE THE TAX RETURNS AND THEREFORE NO REVIEW AND APPROVAL BY AN INDEPENDENT PERSON IS PERFORMED. THE BOARD MAKES THIS DECISION.RRF-1 QUESTION 7 THE ORGANIZATION HELD ONE RAFFLE IN AUGUST 2019. IN ACCORDANCE WITH CALIFORNIA LAW, NINETY PERCENT OF THE GROSS RAFFLE PROCEEDS ($13,375) ALONG WITH OTHER NET PROFITS FROM THE WINE FESTIVAL WERE DONATED TO THE VENTURA COUNTY SPECIAL OLYMPICS A TAX EXEMPT IRC 501 (C) (3) NON-PROFIT IN THE AMOUNT OF $28,418. THE REMAINING FUNDS FROM THE WINE EVENT ARE RETAINED BY THE ORGANIZATION FOR ITS NON-PROFIT ACTIVITY.”

“Other program services 4: senior concerns - to provide funds for senior needs in the community. Other program services 5: thousand oaks rotary club - to provide funds for local charitable organizations to address local needs: lutheran social services - $3,000. Adelante comunidad conejo - $1,000. Villa esperanza - $1,000. Many mansions - $900. Conejo free clinic - $1,000. Cancer support community - $1,000. Other program services 6: manna project - to provide funds to prevent and alleviate hunger in the local community and provide for manna capital project.”