Montair Foundation

“any family who donates funds to the Alamo School Education Fund is a member.”

“Form 990 is prepared by an outside tax professional. The form is then reviewed bythe organization's treasurer (a member of the board of directors). After a full review (with modifications where necessary), the final version of the tax return is provided to all members of the organization's voting body. A representative authorizes the final form 990 which is then e-filed with the internal revenue service.”

“All members of the board of directors reviews all potential conflicts of interest atleast annually. All board members are required to disclose (in writing) potential conflicts and any related party affiliations. Loans between the organization and members of management and the board are strictly prohibited. The organization seeks full transparency on all relationships. Any potential conflicts (in fact or ppearance) are discussed openly and resolved in accordance with the organization's policies and procedures.”

“The organization does not have any employees. All activities of the Foundation are carried out by an all-volunteer Board of Directors along with other volunteers.”

“All of the organization's governing documents, financial statements and other legalfilings are maintained in a secure environment and held available for inspection bytax authorities and the general public. Tax returns are posted annually towww.guidestar.org (where it is available for viewing as an electronic copy) and are also available at the organization's office in danville, california (for a physical inspection).”

“Prior year expenses = -$558”