Giveclear Foundation

“The organization has no committees with authority to act on behalf of the governing body. Therefore, this line was answered no in accordance with the instructions.”

“Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's Executive Director. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS.”

“Line 15a The board of directors independently reviewed and approved the executive director's compensation using comparable market data. Line 15b The organization does not compensate any other officers or key employees. Therefore, this line was answered no in accordance with the instructions.”

“The governing documents, conflict of interest policy, and financial statements are made available upon request.”

“The 2019 Form 990 was amended to reflect updates and corrections to the following parts and schedules: - Part I - Updated mission description and to correct number of voting board members, number of independent voting board members, number of employees, estimate number of volunteers, and reportable investment income. - Part III - Updated organization's mission and program service accomplishment descriptions and correct reporting of program expense and revenue. - Part IV - Updated to report appropriate responses on Lines 14b, 28c, and 38. - Part V - Updated to report corrected response on Line 1a, 1c, 2a and Lines 7a through 9b. - Part VI - Updated to report corrected response on Lines 1b, and 9 as well as various disclosures in Schedule O. - Part VII - Updated to correct listing of board members and officers who served during 2019 as well as to include reportable compensation as applicable. - Part VIII, Lines 3 & 7 - Updated to break out realized gain on sale of securities from other investment income. - Part IX - Updated to correct functional allocation of expenses and presentation of expenses categorically. - Part X, Lines 2, 9, 11, & 15 were updated to more accurately reflect the organizations assets as of December 31, 2019. - Part XI, Line 5 - Updated to report unrealized gain on investments. - Schedule A, Part I - Updated reason for Public Charity Status from Line 10 to Line 7 per IRS determination letter. - Schedule A, Parts II - Completed per change in Public Charity Status and to appropriately capture excess contributions on Line 5. - Schedule A, Part III - No longer completed per change in Public Charity Status. - Schedule B, Part I - Updated to report additional reportable contributors and correct contribution amounts. - Schedule D, Part I, Line 4 - Updated to reflect aggregate value at end of year. - Schedule D, Part VI - Updated to report capital expenditures. - Schedule F, Parts I & II - Updated to correct reporting of foreign grants. - Schedule I, Part 1 - Updated to correct reporting of domestic grants. - Schedule L, Part IV - Updated to correct reporting of transactions with a substantial contributor. - Schedule O - Updated various disclosures.”