Dr Nasser Javahery Foundation

“Copies of the completed draft form 990 will be disbursed to the members in electronic form for review and approval. Any questions or concerns will be noted and addressed. Committee members will ensure that changes are incorporated into the form 990 as appropriate.”

“Under dr. Nasser javahery foundation's conflict of interest policy, any director, principal officer or member of a committee with board of directors' delegated powers who has a direct or indirect financial interest is an "interested person". (a person has a "financial interest" if the person has, directly or indirectly, through business, investment or family: (a) an ownership or investment interest in any entity with which dr. Nasser javahery foundation has a transaction or arrangement; (b) a compensation arrangement with dr. Nasser javahery foundation or with any entity/individual with which dr. Nasser javahery foundation has a transaction or arrangement; or (c) a potential ownership or investment interest in, or compensation arrangement with, any entity/individual with which dr. Nasser javahery foundation is negotiating a transaction or arrangement.) all interested persons are required to disclose the existence of the financial interest and given an opportunity to disclose all material facts to the board of directors and executive committee. More specifically, (i) any interested person must annually disclose in writing any financial interest it may have, (ii) any director or officer at any time during his/her term of service must promptly disclose in writing any financial interest to the president of the board of directors; and (iii) if any matter for decision comes before the board of directors of committee of the board in which a director or officer has a financial interest, such financial interest is immediately disclosed to the board of directors or committee of the board by such director or officer. Each director, officer and member of a committee of the board of directors with delegated powers is required annually to sign a statement which affirms the receipt of a copy of the conflict of interest policy, his/her understanding and acceptance to comply with such policy and his/his understanding that dr. Nasser javahery foundation must engage primarily in activities which accomplish one or more of its tax-exempt purposes. To ensure such compliance, dr. Nasser javahery foundation is also required to conduct periodic reviews. After disclosure of any financial interest, the interested person will leave the board of directors or committee meeting at which the determination of the conflict of interest is discussed and voted on. The remaining members will then decide if a conflict of interest exists. After exercising due diligence, the board of directors will determine whether saturday morning initiative, inc. Can obtain with reasonable efforts a more advantageous transaction or arrangement from a person/entity that would not give rise to a conflict or interest. If a more advantageous transaction or arrangement is not reasonably possible without a conflict of interest, the board of directors or committee, will determine by a majority vote of the disinterested directors whether such transaction/arrangement is in the best interest of dr. Nasser javahery foundation and whether it is fair and reasonable, in order to determine whether to enter into the transaction/arrangement. No voting member of the board of directors who received compensation, either directly or indirectly from dr. Nasser javahery foundation, can vote on matters relating to that member's compensation. No voting member of any committee with jurisdiction over compensation and who receives compensation, either directly or indirectly from dr. Nasser javahery foundation can vote on matters relating to that member's compensation. If the board of directors has reasonable cause to believe that a member has failed to disclose an actual or possible conflict of interest, the board of directors will inform such member and provide an opportunity to explain the failure to disclose. If after hearing the response and after making further investigation, as needed, the board of directors decides that the member has failed to disclose an actual or possible conflict of interest, it w”

“Governing documents, conflict of interest policy, and financial statements will be provided to the public upon request.”