Ysy Foundation

“Director, ivy yang, and director, alan wang, have a family relationship as they are siblings.”

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

“Upon completion of form 990 and 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 electronic 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 financial 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 18,500 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 awareness to encourage people stay healthy and happly naturally. Ysy is committed to sharing the intellectual capital of chinese medicine, preventive medicin, holistic health and global health through print and digital media, educational workshops, online learning and support groups.”

“Total function expenses are the combination of 4,060 legal fees paid, 151 office expenses paid and 11,200 rents paid.”

“Total cash in the amount of 3,089 held in a fdic insursured banking institution.”

“Total fund balance is the difference between all contributions received, 18,500, less functional expenses, 15,411, in the current reporting year.”

“Net assets or fund balances at end of year is the difference between all contributions received, 18,500, less functional expenses, 15,411, in the current reporting year.”

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

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