Purpose Project Inc.

“The tax return is reviewed by director responsible for financial records before signing and filing. Tax returns are made available to all directors for review upon request.”

“In connection with any actual or reasonably likely conflict of interest, an interested person must disclose the existence of the financial interest at issue and relevant material facts to the directors of the organization. After disclosure of the financial interest and all relevant material facts, and after any discussion with the interested person, the directors of the organization shall decide if a conflict of interest exists. If the board has reasonable cause to believe an interested person has failed to disclose actual or possible conflicts of interest, it shall inform such interested person of the basis for such belief and afford the interested person an opportunity to explain the alleged failure to disclose. This policy is intended to address transactions that may result in a conflict of interest before they occur. If the transaction at issue has already occurred or begun, the same process as outlined above shall be used to determine if a conflict of interest has occurred.”

“The costs charged to the foundation are identical to those being charged to all clients for similar services, including those clients unrelated to the foundation. This relationship and a professional services agreement was included with the original application for tax exempt status.”

“Tax returns and other supporting documents available upon request.”

“Outside contract services: program service expenses 55,420. Management and general expenses 3,782. Fundraising expenses 0. Total expenses 59,202.”

“Purpose project, inc. Is making the de minimis safe harbor election under reg. Sec. 1.263(a)-1(f) for the year ending december 31, 2020.”