Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| ORGANIZATION'S MISSION | FORM 990 - ORGANIZATION'S MISSION | THE FOUNDATION PLANS TO FURTHER ITS SOCIAL WELFARE AND CHARITABLE PURPOSES THROUGH GRANTMAKING ACTIVITIES IN FURTHERANCE OF THE PHILANTHROPIC GOALS OF THE HASSO FAMILY. THE FOUNDATION EXPECTS THAT IT WILL PRINCIPALLY MAKE GRANTS TO EDUCATIONAL ORGANIZATIONS, CHURCHES AND RELIGIOUS ORGANIZATIONS, AND OTHER CHARITABLE ORGANIZATIONS THAT ARE RECOGNIZED AS PUBLIC CHARITIES (OR EQUIVALENT PUBLICLY SUPPORTED ORGANIZATIONS) TO SUPPORT THEIR CHARITABLE ACTIVITIES. IN ADDITION, THE FOUNDATION MAY PROVIDE GRANTS TO FOREIGN CHARITABLE, RELIGIOUS, AND EDUCATIONAL INSTITUTIONS. THE FOUNDATIONS WILL NOT CARRY ON ANY ACTIVITY NOT PERMITTED TO BE CARRIED ON BY AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(4). |
| RELATED PARTY INFORMATION AMONG OFFICERS | FORM 990, PAGE 6, PART VI, LINE 2 | MAY HASSO SERRANO ALAN HASSO DIRECTOR DIRECTOR FAMILY RELATIONSHIP MAY HASSO SERRANO RONALD HASSO DIRECTOR DIRECTOR FAMILY RELATIONSHIP MAY HASSO SERRANO HEATHER HASSO DIRECTOR DIRECTOR FAMILY RELATIONSHIP ALAN HASSO RONALD HASSO DIRECTOR DIRECTOR FAMILY RELATIONSHIP ALAN HASSO HEATHER HASSO DIRECTOR DIRECTOR FAMILY RELATIONSHIP RONALD HASSO HEATHER HASSO DIRECTOR DIRECTOR FAMILY RELATIONSHIP |
| CLASSES OF MEMBERS OR STOCKHOLDERS | FORM 990, PAGE 6, PART VI, LINE 6 | THE VOTING DIRECTORS OF THE FOUNDATION ARE ITS MEMBERS, AND THEY SHALL HOLD MEMBERSHIP VOTING RIGHTS IN PROPORTION TO THEIR VOTING RIGHTS AS DIRECTORS. |
| ELECTION OF MEMBERS AND THEIR RIGHTS | FORM 990, PAGE 6, PART VI, LINE 7A | THE BOARD OF DIRECTORS MAY ELECT NONVOTING DIRECTORS IN ADDITION TO VOTING DIRECTORS, AND MAY, IN THE MANNER SET FORTH IN THE BYLAWS, DESIGNATE A NONVOTING DIRECTOR TO BE AN ALTERNATE FOR A VOTING DIRECTOR OF THE SAME CLASS, IN WHICH CASE SUCH ALTERNATE MAY EXERCISE SUCH VOTING DIRECTOR'S VOTING POWER AT ANY MEETING FROM WHICH SUCH VOTING DIRECTOR IS ABSENT. ELECTION OF THE BOARD OF DIRECTORS SHALL OCCUR IN EACH ODD-NUMBERED CALENDAR YEAR AT THE ANNUAL MEETING OF THE BOARD OF DIRECTORS, AT WHICH TIME INCUMBENT VOTING DIRECTORS SHALL ELECT THEIR SUCCESSORS. EACH DIRECTOR MUST BE ELECTED BY THE VOTE OF MORE THAN HALF OF THE COMBINED VOTING POWER HELD BY THE INCUMBER VOTING DIRECTORS. |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | EACH MEMBER OF THE BOARD OF DIRECTORS RECEIVES A COPY AND IS ASKED TO REVIEW THE 990. |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | THE CONFLICT OF INTEREST POLICY IS REVIEWED AT THE ANNUAL BOARD MEETING. ANY VIOLATION IS MONITORED UNTIL RESOLVED. |
| COMPENSATION PROCESS FOR TOP OFFICIAL | FORM 990, PAGE 6, PART VI, LINE 15A | NONE OF THE DIRECTORS AND OFFICERS ARE COMPENSATED |
| COMPENSATION PROCESS FOR OFFICERS | FORM 990, PAGE 6, PART VI, LINE 15B | NONE OF THE DIRECTORS AND OFFICERS ARE COMPENSATED |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | THE GOVERNING BOARD PROVIDES IT GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS UPON REQUEST. FURTHERMORE, THE CALIFORNIA ATTORNEY GENERAL MAINTAINS A PUBLICLY VIEWABLE WEBSITE WITH SCANNED COPIES OF THE ORGANIZATION'S 990 INFORMATION RETURNS. |
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