Rise Education Fund

“The tax return is reviewed and accepted by the board at board meeting.”

“The president, chief executive officer, chief operating officer, treasurer and chief financial officer, executive director, and members of the board of directors must disclose any transaction and all material facts regarding their interest in the transaction or the interest of any person with business or family relationships to the interested person. The board or committee empowered to approve that specific type of transaction then determines if a conflict of interest exists, without the interested person present. If a conflict of interest exists, the board or committee will compile and review appropriate data to ascertain whether the proposed transaction is fair and reasonable and in the best interest of the organization. If the transaction involves a director with a material financial interest, the transaction may then be approved by a vote of the majority of the directors then in office, not including the vote of any interested directors. Then, at the next board meeting, the transaction must be ratified by the full board, again by a vote of a majority of directors then in office not counting any interested directors. If the transaction does not involve a director with a material financial interest, the transaction can be approved by the board or committee by majority vote of those present at a meeting for which quorum requirements have been met, excluding the vote of any interested person.”

“The organizations makes its governing documents, conflict of interest policy and financial statements available upon request.”

“Part i, line 6: the total number of volunteers was updated to reflect the number of unpaid board members. Part iv, line 4: this was updated to yes due to the lobbying activity that occurred during the tax year. Part iv, line 17: this was marked yes to report the professional fundraising fees. Part iv, lines 12a: this was marked yes as the 2022 financial statements were audited. Part vi, line 1a & 1b: the numbers were updated to reflect the correct number number of voting members of the board in 2022. Part vii, line 1a: the list of directors and officers was updated to reflect related organization compensation. Part ix: part ix was updated to reflect the audited financial statements. Part xii, line 1: the accounting method was updated to reflect accrual basis instead of cash basis to match the organization's financial statements. Part xii, lines 2b & 2c: these questions were correct to be makred yes as an audit occured in 2022. Schedule a, part ii, section a, line 5: schedule a was updated to reflect excess contributors. Schedule c, part ii-a: schedule c was added to reflect that the organization has a 501(h) election and that it incurred lobbying expenses. Schedule d, part xi, xii, & xiii: schedule d was added as an audit occured in 2022. Schedule g: schedule g was added to report the professional fundraising fees. Schedule r, lines 1b, 1n, 1o & 2: these were marked yes to reflect the sharing of facilities and of paid employees with and grant to related organization rise action fund the amount of the grant was disclosed on line 2.”