Jaago Foundation Inc.

“1. The financial team prepares the inputs for the 990 tax return, including all necessary financial statements and schedules. 2. The 990 tax return is prepared and reviewed by an independent accountant to ensure accuracy and compliance with tax regulations. 3. The draft 990 tax return is presented to the board of directors for review and approval. The board should be given adequate time to review the return, ask questions, and request any necessary changes or clarifications. 4. Once the board approves the 990 tax return, the organizations authorized officer signs the return and submits it to the Internal Revenue Service IRS.5. The IRS reviews the 990 tax return and may request additional information or clarification if necessary. 6. Once the IRS approves the 990 tax return, the nonprofit organization receives a copy of the approved return, along with any applicable tax refund or payment due.”

“1. Disclosure All directors must annually disclose any conflicts of interest that they have with the nonprofit organization. This disclosure must be made in writing and include details of the conflict and its potential impact on the organization.2. Recusal If a director has a conflict of interest, they must recuse themselves from any discussions or decisions related to the conflict. They may also be asked to leave the room during discussions related to the conflict.3. Documentation All conflicts of interest and related recusals should be documented in the meeting minutes. The minutes should clearly state the nature of the conflict, the directors recusal, and any actions taken to address the conflict.4. Review The nonprofit organizations conflict of interest policy should be reviewed annually, and any necessary updates or changes should be made. This review should include a review of any conflicts of interest that have arisen in the past year and how they were handled.5. Training All directors should receive training on the nonprofit organizations conflict of interest policy and how to identify and disclose potential conflicts of interest. This training should be provided on an ongoing basis to ensure that directors are aware of their obligations under the policy.”

“The Budget Committee is responsible for overseeing the organizations budgeting process. This committee is responsible for ensuring that the budget aligns with the organizations strategic goals and that it is fiscally responsible. Additionally, the Budget Committee is responsible for monitoring the organizations actual spending against the budget and making recommendations for adjustments when necessary.”