A R Pusey Foundation

“| Other Expenses:, Amount:| Bank Service Charges, $74.00|”

“| Explanation:| The Corporation is established exclusively for charitable religious scientific and educational purposes as defined in Section 501c3 of the Internal Revenue Code of 1986 as amended the "Code". All references herein to any Section of the Code include all regulations issued under it as set forth in the Charter. The mission of the A.R. Pusey Foundation is to elevate healthcare standards and mitigate extreme poverty while concurrently expanding educational opportunities and increasing access to information technology within or without the State of Ohio. In addition to the foregoing the Corporations purposes shall include but not be limited to fulfill any additional charitable purpose allowed under Chapter 1702 of the Ohio Revised Code and any other state revised code as determined suitable by the Directors.”

“| Explanation:| In its first year the Foundation focused on internal planning and development. No direct public services were delivered during the reporting year.”

“| Explanation:| Governance Management and Disclosure - The organization has adopted a conflict of interest policy document retention policy and whistleblower policy. These policies were formally adopted during the organizations first year of operations. The President who is also a board member abstained from voting on matters involving their reimbursement or future compensation if any.”

“| Explanation:| Compensation of Officers and Directors - Officers received no compensation during the tax year. The Board has approved compensation to begin in the following calendar years with a formal agreement and documentation. Prior services were provided voluntarily without expectation of payment.”

“| Explanation:| Statement of Functional Expenses - Most administrative and operational activities in the first year were performed voluntarily. Reimbursed expenses were limited to approved documented startup costs if any.”

“| Explanation:| Public Support Test - The organization received a total of $220 during the reporting period from multiple unrelated donors each of whose contributions represented less than 2% of total support. Therefore the entire amount qualifies as public support under the 33?% support test.”