Jonas Philanthropies Inc.

“Board members donald jonas, barbara jonas, and john jonas have a family relationship. Board members donald jonas, barbara jonas, lendri purcell, and adam purcell have a family relationship.”

“The members of the organization are donald jonas and barbara jonas, who each shall continue as a member until his or her death, resignation, or incapacity.”

“In accordance with the organization's by-laws, the members have the right to elect or appoint directors of the board.”

“The following decisions for the governing body are subject to approval by the members - amendment or repeal of the by-laws, increase or decrease in the number of board of directors and appoint/remove directors of the board and the officers.”

“The organization does not have any committees with authority to act on behalf of the board.”

“The treasurer will review the draft of the form 990 and check for accuracy of financial amounts as well as the contents of any narratives. The treasurer will provide comments to the preparer as necessary. Once the treasurer has completed his review and is satisfied that the form 990 is accurate, he will disseminate the return to the full board members for any comments. The treasurer will then answer/resolve any comments from other board members before filing with the irs.”

“The organization currently has in place a conflict of interest policy that applies to any director, principal officer, or member of a committee with board delegated power, which it annually monitors and enforces. The board mandates that all members of the governing body annually sign a conflict of interest policy and disclose any potential or actual conflicts that may exist. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the interest and be given the opportunity to disclose all material facts to the board or executive committee. An interested person may make a presentation at the board or executive committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. The remaining board or executive committee members shall decide if a conflict of interest exists. If the board or executive committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the members of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. The minutes of the board and all committees with board delegated powers shall contain: a. The names of the persons who disclosed or otherwise were found to have a financial interest in connection with an actual or possible conflict of interest, the nature of the financial interest, any action taken to determine whether a conflict of interest was present, and the board's or executive committee's decision as to whether a conflict of interest in fact existed. B. The names of the persons who were present for discussions and votes relating to the transaction or arrangement, the content of the discussion, including any alternatives to the proposed transaction or arrangement, and a record of any votes taken in connection with the proceedings.”

“Organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is posted on guidestar.org and other similar types of websites. In addition, the financial statements, articles of incorporation and by-laws are also available upon written request or by calling the organization directly.”

“Transfer of net assets 878,709. Refund of grants 122,145.”

“The full board of the organization assumes responsibility for the oversight of the audit of its financial statements and selection of an independent accountant.”