| FORM 990 PART III LINE 4A: |
DONOR ADVISED FUND AND CHARITABLE GRANT MAKING (CONTINUED FROM PAGE 2) THE FOUNDATION ACCOMPLISHED THE FOLLOWING MILESTONES IN 2015: - ENGAGED AND EMPOWERED NEARLY 13,000 INDIVIDUAL VOLUNTEERS TO SERVE AS FUNDRAISERS. - RECEIVED A COMBINED TOTAL OF $41.4 MILLION IN DONOR-ADVISED CONTRIBUTIONS FROM HUNDREDS OF THOUSANDS OF DONORS RESULTING IN GRANTS TO MORE THAN 12,000 CHARITIES AND SCHOOLS. - DISTRIBUTED 93.25% OF DONOR ADVISED CONTRIBUTIONS RECEIVED IN 2015, WHEN TAKING INTO ACCOUNT THE TIMING DIFFERENCE CREATED BY THE MONTHLY GRANTING SCHEDULE. THE FOUNDATION RECORDS THE GRANT EXPENSES FOR DECEMBER ADVISED CONTRIBUTIONS IN THE FOLLOWING CALENDAR YEAR. IN JANUARY 2016, THE FOUNDATION DISBURSED THE REMAINDER OF THE FUNDS RECEIVED AND ADVISED IN 2015. |
| FORM 990 PART III LINE 4B: |
GIVING DAYS (CONTINUED FROM PAGE 2) LEADER BOARDS TRACK THE ORGANIZATIONS RECEIVING THE MOST DONOR-ADVISED GRANTS BY AMOUNT AND BY NUMBER OF DONORS, CREATING AN EXCITING AND COMPETITIVE ENVIRONMENT FOR STIMULATING CHARITABLE GIVING. DURING 2015, THE PARTNERING FOUNDATIONS AND COMMUNITY GROUPS PROVIDED OVER $11.3 MILLION IN MATCHING GRANTS TO NONPROFITS RECEIVING DONOR-ADVISED GRANTS DURING THE EVENTS. THESE MATCHING GRANTS WERE ALSO A KEY INCENTIVE FOR BOTH NONPROFITS AND DONORS TO BECOME INVOLVED IN THEIR COMMUNITY-GIVING EVENT. ADDITIONALLY, THE GIVING EVENTS PROVIDED EDUCATIONAL OPPORTUNITIES FOR PARTICIPATING NONPROFITS TO LEARN ABOUT ONLINE FUNDRAISING, ABOUT SOCIAL MEDIA OUTREACH, AND HOW TO GREATLY EXPAND THEIR NETWORK OF DONORS AND VOLUNTEERS. THE INITIATIVES UNDERTAKEN BY THE RAZOO FOUNDATION BEGINNING IN 2011 CONTINUE TO EXPAND AND HAVE PROVEN INSTRUMENTAL IN PROVIDING EDUCATIONAL RESOURCES FOR THE PARTNERING FOUNDATIONS AND NONPROFITS, ENABLING EACH PARTNERING NONPROFIT TO SUCCESSFULLY EXECUTE THEIR GIVING EVENT WITHIN THE COMMUNITY IT SERVES. |
| FORM 990, PART VI, SECTION A, LINE 2 |
BUSINESS RELATIONSHIPS DURING THE YEAR AND AT THE TIME OF FILING, A BUSINESS RELATIONSHIP EXISTED BETWEEN THOMAS MATTHEWS AND BRYCE MELVIN, WHEREBY THE NAMED INDIVIDUALS WERE EACH EMPLOYEES OF RAZOO GLOBAL CORPORATION; MARK STOLESON WAS A DIRECTOR OF RAZOO GLOBAL CORPORATION. |
| FORM 990, PART VI, SECTION A, LINE 8B |
COMMITTEES RAZOO FOUNDATION HAS NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF ITS BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 11 |
FORM 990 REVIEW PROCESS THE FORM 990 IS PREPARED BY OUTSIDE ACCOUNTANTS AND REVIEWED BY THE MANAGEMENT AND BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C |
MONITORING CONFLICT OF INTEREST POLICY RAZOO FOUNDATION'S CONFLICT OF INTEREST POLICY REQUIRES ANY DIRECTOR, OFFICER, OR MANAGEMENT EMPLOYEE TO FULLY AND PROMPTLY DISCLOSE ANY POSSIBLE CONFLICT OF INTEREST TO THE PRESIDENT OR SECRETARY OF THE FOUNDATION. THE POLICY FURTHER REQUIRES ANNUAL SUBMISSION OF A CONFLICTS OF INTEREST DISCLOSURE QUESTIONNAIRE WITHIN 10 DAYS OF THE ANNUAL BOARD MEETING, CONFIRMING THAT ALL CONFLICTS AND POTENTIAL CONFLICTS HAVE BEEN DISCLOSED. |
| FORM 990, PART VI, SECTION C, LINE 19 |
CERTAIN DOCUMENTS AVAILABLE TO THE PUBLIC THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990 PART XII LINE 2C: |
COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF AUDIT THE FOUNDATION'S BOARD IS CURRENTLY AN EFFECTIVE WORKING SIZE, AND THEREFORE HAS NOT DELEGATED RESPONSIBILITY FOR THE FINANCIAL AUDIT TO A COMMITTEE. THUS THE BOARD ASSUMES THE ROLE AND RESPONSIBILITY OF AN AUDIT COMMITTEE AND OVERSEES THE REVIEW AND AUDIT OF THE FOUNDATION'S FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. |
Attach to Form 990 or 990-EZ.