Dhhrm Endowment Foundation Inc.

“FORM 990, SCHEDULE D, PART X, LINE 2 THE ENDOWMENT FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"), EXCEPT TO THE EXTENT IT HAS UNRELATED BUSINESS INCOME. IN ADDITION, THE ENDOWMENT FOUNDATION HAS BEEN CLASSIFIED AS A PUBLIC CHARITY UNDER THE CODE. SHOULD THE ENDOWMENT FOUNDATION ENGAGE IN ACTIVITIES UNRELATED TO THE PURPOSE FOR WHICH IT WAS CREATED, TAXABLE INCOME SHOULD RESULT. FOR THE YEAR ENDED DECEMBER 31, 2018, THE ENDOWMENT FOUNDATION HAD NO NET UNRELATED BUSINESS INCOME. ACCORDINGLY, NO PROVISION FOR INCOME TAX HAS BEEN PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GAAP requires the evaluation of tax positions taken or expected to be taken in the course of preparing the ENDOWMENT FOUNDATIONs tax returns to determine whether the tax positions are more likely than not of being sustained by the applicable tax authority. Tax positions not deemed to meet the more likely than not threshold would be recorded as a tax benefit or expense in the current year. A Reconciliation is not provided herein, as the beginning and ending amounts of unrecognized benefits are zero, with no interim additions, reductions, or settlements. The ENDOWMENT FOUNDATION is relying on its tax-exempt status and its adherence to all applicable laws and regulations to preserve that status. However, the conclusions regarding the uncertainty in income taxes will be subject to review and may be adjusted at a later date based on factors including, but not limited to, ongoing analysis of tax laws, regulations and interpretations thereof. The ENDOWMENT FOUNDATION recognizes interest and penalties, if any, related to uncertain tax positions as administrative expenses. The Museums Informational returns are generally subject to examination for three years after the later of the due date or date of filing.”

“Form 990, schedule d, part v, line 4 the endowment foundation's endowments consist of fifteen donor-restricted funds established to generate income for the museum experience program, educational programs, facility operations and staff development, one fund designated by the board of directors to serve as an endowment to generate income for general operations and one fund designated by the board of directors to support the museum experience program.”

“Form 990, Schedule D, Part V line 1b $5,402, 928 Contributions includes $627,821 contributions from Form 990 Part VIII line 1h and $4,775,107 Other change in net assets from Form 990 Part XI line 9. On the audited financial statements the $4,775,107 is reflected as Transfer of net assets from the Museum as a change in net assets not as revenue and other support.”