Hope Educational Foundation

“The Organization's articles of incorporation and bylaws were updated during the year ended December 31, 2024. Such updates included the removal of details regarding board terms, meetings, actions taken by the board, and requirements for approval of actions. These items were replaced with reference to the Organization's bylaws instead. Moreover, the articles regarding indemnification and bylaws were removed. The membership article was updated to indicate that the Foundation shall have no members. Additionally, an article regarding term of existence and nondiscrimination were added. Lastly, the listed agent's name and the Organization's office address were updated. In addition, the Organization's bylaws were updated during the year ended December 31, 2024. Such updates included the addition of articles regarding the Foundation's purpose, nonpartisan activities, dedication of assets, waiver of notice, adjournment, meetings, director compensation, indemnification and insurance. Per the updated articles, directors may not receive compensation for their services, but may be reimbursed for expenses in connection with their duties. Articles regarding membership and membership meetings were removed and replaced with an article indicating that the Organization shall have no members. Additional details were added to the powers article.”

“The Organization's top management official and top financial official each review the Form 990 prior to its filing with the IRS. A copy of the final Form 990 is also provided to the voting members of the Organization's governing body prior to its filing with the IRS.”

“The Organization has a conflict of interest policy. The policy is distributed to each member of the Organization's governing body, its officers and its key employees on an annual basis. Each such individual provides an annual disclosure statement indicating that they have received, read, understood and agreed to comply with the policy, certifying that: (1) they have no relationships or interests that present a conflict of interest, (2) they have one or more conflicts of interest that have been fully disclosed as required by the policy and have been properly administered in conformity with the policy, or (3) they have previously undisclosed conflicts of interest and disclosing the details of such conflicts. Any disclosure statements with previously undisclosed conflicts of interest are forwarded to appropriate Organization officials to take appropriate actions as required by the policy.”

“The Organization provides, upon request, copies of its articles of incorporation, bylaws, conflict of interest policy and its financial statements.”

“Overseas Contract Services: Program service expenses 489,504. Management and general expenses 0. Fundraising expenses 0. Total expenses 489,504. Other Professional Fees: Program service expenses 6,251. Management and general expenses 139. Fundraising expenses 0. Total expenses 6,390.”