Ticket to Dream Foundation

“Line 2 explanation - business relationships: dale carlsen (board member), mike wilson (board member), mauri knowles (officer) and sarah tierney (secretary) of ticket to dream foundation ("the foundation") are also employees or officers of mattress firm, inc.,(mfrm) or bunker wilson, llc. As a result, mfrm is a major supporter of the in-store collection drives and donate limited administrative resources and support to the foundation, including computer and office equipment, office supplies and office space, as well as administrative, public relations and external communications support. The foundation does not reimburse mfrm for the administrative resources and support which they provide. As such, the resulting revenue and related expenses have been recognized in the financial statements for these donated administrative resources and support as required but not recognized on the tax return, see adjustment for donated services and use of facilities on schedule d, part xi. The foundation does reimburse bunker wilson for administrative support, expense is recorded as management fees. However, mfrm and bunker wilson, llc do not have control over the foundation because three out of the five voting board of directors are unrelated to either a business or family relationship. Janet anton, gina davis and john haitz, officers of the organization, are employees of bunker wilson, llc that provides services to the foundation. Family relationship: dale carlsen (officer) and kathryn carlsen (board member) are married.”

“Line 11a explanation - the initial review of the form 990 is performed by officers of the organization with subsequent board meeting discussions. A copy is provided to all members before filing.”

“The board of directors reviews all officers and directors annually to determine that there are no conflicts of interest in addition to requiring disclosure of potential conflicts by such persons.”

“Documents are avaiable upon request.”

“Ticket to dream foundation provides in-kind and monetary contributions to non-profit organizations located throughout the united states with particular emphasis on charities related to children in need.”

“Ticket to dream foundation provides in-kind and monetary contributions to non-profit organizations located throughout the united states where sleep train and mattress firm do business. Our charitable purpose is to support worthy charitable causes and charities with particular emphasis on charities related to children in need.”