The Red Tab Foundation

“Peter haas, jr. And daniel haas have a family relationship.”

“Hood & strong forwarded a final draft of the form 990 to the executive director for review, who then gave it to the foundation's board members for review prior to filing.”

“Any director, principal officer, or member of a committee with board delegated powers and a direct or indirect financial interest are covered under the policy. The organization's conflict of interest policy is circulated and reviewed annually. A written acknowledgement must be signed by each board member confirming that they have read and understand the conflict of interest policy. In connection with any actual or possible conflicts of interest, an interested person must disclose the financial interest and all material facts to the directors and members of committees with board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he or she shall leave the board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. An interested person may make a presentation at the board or committee meeting, but after such presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement that results in the conflict of interest. The chairperson of the board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the board or committee shall determine whether the foundation can obtain a more advantageous transaction or arrangement with reasonable efforts from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably attainable under circumstances that would not give rise to a conflict of interest, the board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the foundation's best interest and for its own benefit and whether the transaction is fair and reasonable to the foundation and shall make its decision as to whether to enter into the transaction or arrangement in conformity with such determination.”

“Red tab compares compensation and benefits in the local market for the same positions conducted by compensation and benefit organizations.”

“Red tab foundation makes its financial statements available on red tab foundation's website and upon request for the same period of time set forth in sec. 6104(d).”

“Returned scholarships 19,600.”