Erf Real Estate Group

“Form 990, part vi, line 11b - organization's process to review form 990 each director is provided a copy of the form 990. The form 990 is explained in detail by the ceo and all questions raised by individual board members are discussed. When the presentation and discussions are completed the board takes formal action to approve the form 990. The board's approval is reflected in the minutes of the meeting.”

“Form 990, part vi, line 12c - enforcement of conflicts policy the organization requires each director to acknowledge the conflict of interest policy at leats annually, and at least annually report any ongoing potential conflicts. Each director is also required to inform the board of potential conflicts that may arise. The board addresses the situation in accordance with the written conflict of interest policy.”

“Form 990, part vi, line 15a - compensation process for top official see schedule j, part i, line 3 form 990, part vi, line 15b - compensation process for officers see schedule j, part i, line 3”

“Form 990, part vi, line 19 - governing documents disclosure explanation all documents required to be made available to the public by the internal revenue service or by the governing laws of the state of texas are available upon written request. These documents include, but are not limited to, the certificate of formation, financial statements, and form 990.”

“The subordinate organizations were formed to hold title to real estate for erf real estate inc., 20-2661759, the central organization. All financial activities, assets and liabilities reported on this return are also reported on a consolidated bases on the ed rachal foundation 990 pf return.”

“The subordinate organizations were formed to hold title to real estate for erf real estate inc., 20-2661759, the central organization. All financial activities, assets and liabilities reported on this return are also reported on a consolidated bases on the ed rachal foundation 990 pf return.”

“Unrealized gain on fixed assets 2,426,183. Transfer of net income to erf -3,023,086. Captal contributions 40,461,212. Other qualifying distribution 300,000.”