Dropbox Charitable Foundation

“FORM 990, PART VI, SECTION A, LINE 2 Former President Dennis Woodside, Current President Bart Volkmer, Current Vice President Amber Cottle, and Vice President of Communication Lin-Hua Wu have a business relationship. AMENDED BYLAWS FORM 990, PART VI, SECTION A, LINE 4 The Dropbox Foundation amended its bylaws in August of 2018 to reflect a change in the organizations supported organization from the Silicon Valley Charitable Foundation to Rockefeller Philanthropy Advisors. MEMBERS FORM 990, PART VI SECTION A, LINE 6 The DropBox Foundation has two classes of members: A) Appointing Members consisting of Dropboxs supported organization, Rockefeller Philanthropy Advisors and Dropbox, Inc. B) Governing Members consisting of those individuals who are Directors of the organizations. APPOINTING MEMBERS FORM 990, PART VI, SECTION A, LINE 7A The Appointing Members have the power to appoint and remove Board of Directors members. Rockefeller Philanthropy Advisors has the power to appoint and/or remove four board Members; Dropbox, Inc. has the power to appoint and/or remove three board members. PROCESS FOR DETERMINING COMPENSATION FORM 990, PART VI, LINE 15A The individuals reported on the Dropbox Foundation Form 990 receive their compensation from the Foundations supported organization. From January 1 through July 31, 2018, the Foundations supported organization was The Silicon Valley Charitable Foundation. The compensation reported in Part VII, Column E for the following Directors was paid by the Silicon Valley Charitable Foundation: Emmett Carson Erica Wood Gina Dalma Misti Sangani Sarah Valencia Mari Ellen Loijens The compensation reported in Part VII, Column E for the following Directors was paid by Rockefeller Philanthropy Advisors, Inc.: Berit Ashla Heather Grady Shermane Bilal Tina Marie Beyers The processes for determining the compensation of these individuals is disclosed within the Form 990 of each respective organizations Form 990.”

“Form 990, part vi, section b, line 11b dropbox charitable foundation hires an independent accounting firm to prepare and review the organization's form 990 based on information provided by their accounting staff. A copy of the form 990 is distributed to the organization's audit committee for review prior to filing with the irs. A copy of the form 990 is distributed to the full board of directors once the audit committee has approved it for filing.”

“Form 990, part vi, section b, line 12c dropbox charitable foundation follows the same conflict of interest policy as rockefeller philanthropy advisors inc. Which is replicated below: the secretary of the organizations annually circulate a disclosure form for directors and staff to list organizations in which they or their spouses or children play a fiduciary or leading role. In addition, directors and staff will list those organizations in which they, a spouse or a child hold a significant financial interest and which have a business relationship with the organization. On the same form, directors and staff acknowledge that they understand and adhere to the organization's conflict of interest policy and procedure. Directors and staff will inform the secretary of any changes or new relationships. If a potential conflict exists, involved parties will disclose the potential conflict and excuse themselves from discussion or any vote related to the matter.”

“Form 990, part vi, section c, line 19 dropbox charitable foundation makes its form 990 available to the public by retaining a copy at their place of business. The form 990 is likewise published on the internet at www.guidestar.org. The organization's financial statements, governing documents and conflict of interest policy are not ordinarily made available to the public, but, if requested, will be provided at management's discretion.”