| FORM 990, BOX C: |
THE FOUNDATION HAS REGISTERED PHILADELPHIA SOUL FOUNDATION AND SOUL FOUNDATION AS FICTITIOUS NAMES. NEITHER NAME IS USED TO SOLICIT CONTRIBUTIONS. |
| FORM 990, PART III, LINE 2 |
IN MAY 2020, THE JBJ SOUL FOUNDATION OPENED THE JBJ SOUL KITCHEN FOOD BANK IN EAST HAMPTON, NY TO HELP THE FOOD PANTRIES ON THE EAST END WHO WERE EXPERIENCING SIGNIFICANT FOOD SUPPLY SHORTAGES DUE TO THE COVID-19 PANDEMIC. THE JBJ SOUL KITCHEN FOOD BANK CLOSED IN SEPTEMBER 2020 AFTER COMPLETING THE FOUR MONTH TIME FRAME THAT IT WAS INTENDED TO BE OPEN. |
| FORM 990, PART VI, SECTION A, LINE 2 |
JON BON JOVI AND PAUL KORZILIUS HAVE A BUSINESS RELATIONSHIP. |
| FORM 990, PART VI, SECTION B, LINE 11B |
THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THIS FIRM REVIEWS AND DISCUSSES THE FORM 990 WITH ALL BOARD MEMBERS AT A MEETING PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C |
THE CONFLICT OF INTEREST POLICY APPLIES TO ALL DIRECTORS, PRINCIPAL OFFICERS, AND, IF APPLICABLE, MEMBERS OF A COMMITTEE WITH GOVERNING-BOARD DELEGATED POWERS. A POTENTIAL CONFLICT MUST BE DISCLOSED TO THE BOARD OR COMMITTEE AS IT ARISES. AFTER DISCLOSURE OF THE POTENTIAL CONFLICT AND ALL MATERIAL FACTS, THE REMAINING BOARD OR COMMITTEE MEMBERS DETERMINE IF A CONFLICT EXISTS. IF A CONFLICT IS IDENTIFIED, 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. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE, THE BOARD OR COMMITTEE SHALL DETERMINE BY MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER OR NOT TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. AT BOARD MEETINGS PRIOR TO ANY VOTE, MEMBERS WITH A CONFLICT OF INTEREST ARE ASKED TO IDENTIFY THEMSELVES AND REFRAIN FROM VOTING. AT MINIMUM, THE CONFLICT OF INTEREST POLICY REQUIRES AN ANNUAL CONFLICT OF INTEREST STATEMENT BE COMPLETED. |
| FORM 990, PART VI, SECTION B, LINE 15A |
THE FINANCE COMMITTEE WORKS WITH THE EXECUTIVE DIRECTOR TO SET ANNUAL GOALS AND MAKES A COMPENSATION RECOMMENDATION TO THE BOARD, BASED ON CONTACTS AND SURVEYS IN THE NON-PROFIT INDUSTRY AND INFORMATION FROM SIMILAR-SIZED NON-PROFIT ORGANIZATIONS. THE BOARD DISCUSSES AND VOTES ON THE COMPENSATION RECOMMENDATION. THE DELIBERATION AND FINAL VOTE ARE TIMELY DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION B, LINE 15B: NO OTHER COMPENSATED PERSON MEETS THE INTERNAL REVENUE SERVICE DEFINITION OF OFFICER OR KEY EMPLOYEE. |
| FORM 990, PART VI, SECTION C, LINE 19 |
THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE BY REQUEST. THE FINANCAL STATEMENTS ARE AVAILABLE ON THE FOUNDATION'S WEBSITE. |
Attach to Form 990 or 990-EZ.