Ysy Foundation

“Official meeting minutes are kept at board meetings and distributed to all directors.”

“Upon completion of form 990 all the associated schedules, a draft of the return of organization exempt from income tax will be sent as an electronic copy to all directors. Formal conversations will be discussed through appropriate electonic mail or phone conversations. Once approved by all directors, form 8879-te will be provided to a director to be signed and dated.”

“Ysy foundation provides an annual conflict of interest information form to be affirmed by all directors and kept within the appendix of its bylaws and organizational consent of directors.”

“Governing documents, including the organizational consent of directors, bylaws, conflict of interest policy, employee and officer protection policy whistleblower policy, accountable reimbursement policy, gift acceptance policy, document retention and destruction policy and financal statements are made available upon request”

“There is no compensation directly or indirectly paid to any officer, director, trustee or volunteer.”

“The contributions received in the amount of 37,350 were all cash donations.”

“To promote healthy, natural, holistic and sustaniable lifestyles through scientific knowledge and educational programs of chinese medicine, preventive medicine, holistic health and global health.”

“Ysy foundation ysy will create a dynamic community where people with all backgrounds can learn about healthy and natural lifestyles to nurture their wellbeing. Ysy aims to serve as the positive force in the community to promote healthy and natural lifestyle awarenesss to encourage people stay healthy and happy naturally. Ysy is committed to sharing the intellectual capital of chinese medicine, preventive medicine, holistic health and global health through print and digital media, educational workshops, online learning and support groups.”

“A cash disbursement was issued to st. Paul missonary baptist church for assistance in the amount of 600.”

“Total functional expenses are the combination of 1,536 legal fees paid, 800 tax preparation paid, 49 promotional expenses paid, 435 office expenses paid, 22,401 rents paid, 269 depreciation of equipment and 775 of educational paid.”

“Total cash in the amount of 13,037 is held in a fdic insursured banking institution.”

“Other liabilities is a small balance credit card payable for functional expenses.”

“Ysy foundaton financial statements and form 990, return of organization exempt from income tax, are kept and reported on the cash basis of accounting.”

“Ysy foundation financial statements were complied, however, the accountant was not independent to the organization. The accountant is a director of ysy foundation.”