| FORM 990, PART VI, SECTION B, LINE 11B |
AS PART OF THE PROCESS OF PREPARING AND FILING THE FORM 990 ("THE FORM") FOR THE RAYMOND JAMES CHARITABLE ENDOWMENT FUND ("RJCEF"), A FINAL DRAFT OF THE FORM IS PROVIDED TO ALL MEMBERS OF THE RJCEF BOARD OF TRUSTEES ("TRUSTEE OR "TRUSTEES") FOR THEIR REVIEW AND APPROVAL OF THE FORM, AS WELL AS SOLICITING QUESTIONS, COMMENTS AND CONCERNS. ALL FEEDBACK IS IMMEDIATELY ADDRESSED AND ANY RESULTANT MODIFICATIONS TO THE RETURN ARE INCORPORATED INTO A REVISED FINAL DRAFT OF THE FORM. ONCE APPROVED, THE FORM IS SIGNED BY AN RJCEF TRUSTEE AND THE FORM IS THEN FILED WITH THE IRS. A PUBLIC COPY OF THE FILED FORM IS AVAILABLE FOR REVIEW BY REQUEST OR IS POSTED ON THE RAYMOND JAMES CHARITABLE ENDOWMENT FUND WEBSITE. |
| FORM 990, PART VI, SECTION B, LINE 12C |
THE RJCEF WILL NOT ENTER INTO ANY BUSINESS TRANSACTION WITH ANY TRUSTEE OF THE FUND OR ANY ENTITY OF WHICH A TRUSTEE IS AN OFFICER, DIRECTOR, TRUSTEE, PARTNER, SOLE PROPRIETOR OR SHAREHOLDER (EXCEPT FOR ENTITIES OF WHICH THE TRUSTEE IS A SHAREHOLDER, THE SHARES OF WHICH ARE PUBLICLY TRADED AND THE TRUSTEE OWNS 5% OR LESS OF THE OUTSTANDING SHARES) IN WHICH IT MAKES A PAYMENT TO SUCH TRUSTEE OR SUCH ENTITY AND WILL NOT MAKE ANY CHARITABLE GRANT TO ANY TRUSTEE OR SUCH ENTITY UNLESS A MAJORITY OF THE OTHER TRUSTEES VOTE TO APPROVE SUCH TRANSACTION OR GRANT. BEFORE A TRUSTEE TAKES OFFICE AS SUCH OR, IN THE CASE OF A TRUSTEE SERVING ON THE DATE OF THE VOTE, WITHIN FIFTEEN DAYS AFTER SUCH DATE, AND, IN EITHER CASE, ON OR BEFORE EACH DECEMBER 31 THEREAFTER, HE OR SHE SHALL PROVIDE THE OTHER TRUSTEES WITH A WRITTEN LIST OF ALL SUCH ENTITIES. IN THE EVENT OF A POTENTIAL CONFLICT DURING THE YEAR, THE TRUSTEE WILL RECUSE HIMSELF/HERSELF FROM THE VOTE. |
| FORM 990, PART VI, SECTION B, LINE 15 |
THE ORGANIZATION DOES NOT HAVE AN EXECUTIVE DIRECTOR OR CEO, BUT INSTEAD IS GOVERNED BY AN INDEPENDENT BOARD OF TRUSTEES AND RETAINS A SERVICE PROVIDER TO PERFORM ADMINISTRATIVE AND INVESTMENT MANAGEMENT SERVICES. THE PROCESS FOR DETERMINING THE ENGAGED SERVICE PROVIDER'S COMPENSATION IS BASED ON MARKET ANALYSIS AND COMPARABLE DATA, WHICH REQUIRES THE APPROVAL OF THE ORGANIZATION'S INDEPENDENT BOARD OF TRUSTEES. |
| FORM 990, PART VI, SECTION C, LINE 19 |
THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE ON OUR PUBLIC WEBSITE AND BY REQUEST. THE CONFLICT OF INTEREST POLICY AND THE FORM 990 ARE ALSO AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9: |
CHANGE IN MARKET VALUE OF POOLED INCOME FUNDS 405,961. CHANGE IN MARKET VALUE OF CHARITABLE TRUSTS 2,505,573. CHANGE IN MARKET VALUE OF CHARITABLE GIFT ANNUITIES 352. |
Attach to Form 990 or 990-EZ.