2023-10-27T13:09:58-05:00 2022-12-31 953309779 GURSEY SCHNEIDER LLP 2121 AVENUE OF THE STARS SUITE 1300 LOS ANGELES CA 90067 990 2022-01-01 825249343 LL FOUNDATION FOR YOUTH LLFO 8187838492 PO BOX 56629 SHERMAN OAKS CA 91413 RENATE S HOCHLEITNER PRESIDENT AND DIRECTOR 8187838492 2023-10-16 1 RENATE HOCHLEITNER 999009999 0 NAZ AFSHAR P00441843 3105520960 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z RENATE S HOCHLEITNER PO BOX 56629 SHERMAN OAKS CA 91413 19108288 0 X LLFOUND.ORG X 2018 CA THE FOUNDATION WILL AWARD GRANTS TO CHARITIES THAT PROMOTE EDUCATION, MEDICINE, SCIENCE AND CHILDCARE FOR HEALTH AND WELL BEING. 4 4 1 0 0 0 0 0 0 0 3593252 711686 0 0 3593252 711686 3525000 4205000 0 0 80983 89056 0 0 0 664430 633903 4270413 4927959 -677161 -4216273 62247549 50248987 0 1010000 62247549 49238987 X THE FOUNDATION WAS ESTABLISHED FOR MULTIPLE PUBLIC, EDUCATIONAL AND CHARITABLE PURPOSES, INCLUDING PROVIDING ONGOING FINANCIAL SUPPORT FOR A VARIETY OF ESTABLISHED NONPROFIT, TAX-EXEMPT PUBLIC, CHARITABLE AND EDUCATIONAL ORGANIZATIONS. THE FOUNDATION WILL EMPHASIZE AND AWARD GRANTS TO CHARITIES THAT PROVIDE OR PROMOTE EDUCATION, MEDICINE, SCIENCE, CHILDCARE OR THE PROMOTION OF HEALTH AND WELL-BEING OF PERSONS PRIMARILY UNDER THE AGE OF 26. THE FOUNDATION MAY ALSO PROVIDE A LIMITED NUMBER OF SCHOLARSHIPS TO THE CHILDREN OF LOW INCOME FAMILIES WHO LACK THE FINANCIAL MEANS TO PAY FOR THEIR EDUCATION, TO ENABLE THEM TO ATTEND A PRIVATE PRIMARY OR SECONDARY SCHOOL, OR RECEIVE A HIGHER EDUCATION AT A COLLEGE, UNIVERSITY OR TRADE SCHOOL OF THEIR CHOICE. 0 0 4402389 4205000 THE TRANSITION FROM YOUTH TO ADULTHOOD IS CHALLENGING FOR YOUNG ADULTS AND FOR THOSE WITH FEWER ADVANTAGES AND LIMITED RESOURCES, IT CAN BE PARTICULARLY DIFFICULT. OUR GRANTS ARE GEARED TOWARDS PROGRAMS AND PROJECTS THAT SUPPORT YOUNG PEOPLE AGES 13-26 WHO NEED EXTRA SUPPORT IN ORDER TO MEET THEIR MEDICAL, EDUCATIONAL OR OTHER NEEDS AND TO ACHIEVE THEIR DREAMS. WE SEEK TO PARTNER WITH NONPROFITS THAT HELP YOUTH WITH THE ABOVE AND TO FEEL "SEEN, HEARD AND UNDERSTOOD." 4402389 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X MARIE PHILLIPS 6268083277 11845 W OLYMPIC BLVD SUITE 1100 LOS ANGELES CA 90064 RENATE S HOCHLEITNER PRESIDENT 20.00 X X 82500 0 0 SARINA KAYE CHIEF FINANCIAL OFFICER 2.00 X X 0 0 0 CHARANJIV K SIDHU SECRETARY 2.00 X X 0 0 0 TAMAR EKIZIAN DIRECTOR 2.00 X 0 0 0 MEREDITH FLANAGHAN DIRECTOR 2.00 X 0 0 0 DIANNE SATTERLEE DIRECTOR 2.00 X 0 0 0 82500 0 0 0 0 0 0 0 1200619 1200619 17907669 18396602 -488933 -488933 -488933 711686 0 0 711686 4205000 4205000 82500 61875 20625 6556 4917 1639 4520 4520 38445 38445 428455 428455 133652 130597 3055 2455 2455 16857 16857 FOREIGN TAXES 8954 8954 PAYROLL FEES 540 540 STATE TAX 25 25 4927959 4402389 525570 0 1641416 870452 60606133 49378535 62247549 50248987 1010000 0 1010000 X 62247549 49238987 62247549 49238987 62247549 50248987 -4216273 -8792289 0 X X 0 1 X 1 0 X 49641500 1088053 524082 0 51253635 49641500 1088053 524082 51253635 51253635 51253635 X 0 X -8509058 -8792289 -8792289 283231 428455 428455 711686 4499504 0 4499504 428455 428455 4927959 PART X, LINE 2: IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC NO. 740, "INCOME TAXES," THE ORGANIZATION RECOGNIZES THE IMPACT OF TAX POSITIONS IN THE FINANCIAL STATEMENTS IF THOSE POSITIONS WILL MORE LIKELY THAN NOT BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE ORGANIZATION IS EXEMPT FROM INCOME TAXES AND ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR FEDERAL AND STATE INCOME TAXES. 1 A SENSE OF HOME 3457 W EL SEGUNDO BLVD HAWTHORNE CA 90250 473814056 25000 0 CREATING HOMES AND PREVENTING HOMELESSNESS FOR LOS ANGELES' FOSTER YOUTH ALS ASSOCIATION GOLDEN WEST CHAPTER 5950 CANOGA AVENUE SUITE 110 WOODLAND HILLS CA 91367 954163338 100000 0 THE ALS ASSOCIATION GOLDEN WEST CHAPTER ESTABLISHED THE L.L. FOUNDATION FOR YOUTH FUND. THIS FUND SUPPORTED YOUTH AGES 13 TO 26 IN CALIFORNIA WHOSE LOVED ONES HAVE OR HAVE HAD ALS. AUTISM PARTNERSHIP 200 MARINA DRIVE SEAL BEACH CA 90740 263235901 75000 0 FREE REGISTERED BEHAVIOR TECHNICIAN TRAINING PROGRAM C BOOSTER CLUB SCHOOL FOR THE DEAF PO BOX 20872 RIVERSIDE CA 92516 824791230 50000 0 CALIFORNIA SCHOOL FOR THE DEAF, RIVERSIDE WAS ABLE TO INTEGRATE OUTDOOR LEARNING ACTIVITIES WITH FORMAL EDUCATION WHICH ENCOURAGED TEAMWORK BETWEEN DEAF STUDENTS, DEEPER UNDERSTANDING OF THEMSELVES AND OTHER PEOPLE IN THE PROCESS. CAMP TAWONGA 131 STEUART STREET STE 460 SAN FRANCISCO CA 94105 943227261 225000 0 CAMP TAWONGA WAS ABLE TO SUPPORT HUNDREDS OF TEENS OF JEWISH FAITH WHOSE FAMILIES ARE UNABLE TO AFFORD FULL CAMP FEES. THESE TEENS AND YOUNG ADULTS WERE GIVEN THE TOOLS TO NAVIGATE MENTAL HEALTH ISSUES, FIND THEIR FOOTING AND BECOME THEIR BEST SELVES. CASA YOUTH SHELTER 10911 REAGAN ST LOS ALAMITOS CA 90720 953218061 20000 0 RESIDENTIAL SHELTER CARE PROGRAM CEDARS SINAI MEDICAL CARE FOUNDATION 200 N ROBERTSON BLVD STE 101 BEVERLY HILLS CA 90211 954457756 250000 0 CEDARS-SINAI EVALUATED NEW METHODS TO DETECT KIDNEY TRANSPLANT REJECTION IN PEDIATRIC PATIENTS AT AN EARLIER STAGE, WHICH HELPED TO PRESERVE KIDNEY FUNCTION, EXTEND THE LIFE OF A TRANSPLANTED KIDNEY, DECREASE MORBIDITY AND MORTALITY, AND PROVIDE A BETTER QUALITY OF LIFE FOR YOUNG PATIENTS. CHALLENGED ATHLETES FOUNDATION 9591 WAPLES ST SAN DIEGO CA 92121 330739596 100000 0 CHALLENGED ATHLETES FOUNDATION DISTRIBUTED GRANTS TO YOUNG ADULT ATHLETES BETWEEN THE AGES OF 13-26 LIVING IN SOUTHERN CALIFORNIA. THESE GRANTS PROVIDED ADAPTIVE SPORTS EQUIPMENT, SPORTS PROSTHESES AND EXPENSES FOR COACHING, TRAINING, SPORTS CLINICS AND COMPETITION TRAVEL FOR YOUTH WITH PERMANENT PHYSICAL DISABILITIES. CHILDHOOD LEUKEMIA FOUNDATION 21000 PLUMMER ST CHATSWORTH CA 91311 260588029 150000 0 CHILDHOOD LEUKEMIA FOUNDATION STARTED AN ENDOWMENT AND CONTINUED THEIR KEEPING KIDS CONNECTED IPAD PROGRAM WHICH HAS DISTRIBUTED IPADS SINCE 2011 TO EDUCATE, EMPOWER AND ELEVATE THE SPIRITS OF PEDIATRIC ONCOLOGY PATIENTS. CHILDREN'S HOSPITAL LOS ANGELES 4650 SUNSET BLVD LOS ANGELES CA 90027 951690977 250000 0 CHILDREN'S HOSPITAL OF LOS ANGELES EXPANDED BEHAVIORAL HEALTH, SUPPORTEDCRITICAL RESEARCH, AND EXPANDED ACCESS TO GENDER AFFIRMING CARE FOR BIPOC ADOLESCENTS AND YOUNG ADULTS. CHILDREN'S RANCH FOUNDATION 4007 VERDANT ST LOS ANGELES CA 90039 383788058 50000 0 LULU XOCHI CALDERON PROGRAM CITY OF HOPE - CANCER 1500 E DUARTE RD DUARTE CA 91010 953435919 250000 0 CITY OF HOPE CREATED A YOUNG ADULT PATIENT NAVIGATOR PROGRAM. THE PROGRAM UTILIZED AN AYA PATIENT NAVIGATOR TO ADDRESS THE PSYCHOSOCIAL NEEDS OF ADOLESCENTS AND YOUNG ADULTS (AYAS) WITH CANCER THROUGH COUNSELING, ADVOCACY AND PROVISION OF SUPPORTIVE RESOURCES. COALITION FOR ENGAGED EDUCATION 3131 OLYMPIC BLVD SANTA MONICA CA 90404 954515019 50000 0 C/HOPE PROGRAM FOR JUSTICE-INVOLVED YOUTH COLBURN SCHOOL 200 SOUTH GRANT AVE LOS ANGELES CA 90012 952501387 100000 0 COLBURN SCHOOL FACILITATED THE HERBERT ZIPPER SCHOLARS PROGRAM OFFERING HIGHLY MOTIVATED STUDENTS FROM LOW-INCOME FAMILIES THE OPPORTUNITY TO ENROLL, TUITIONFREE, IN A COMPREHENSIVE MUSIC EDUCATION AT THE COLBURN SCHOOL, ONE OF THE NATIONS PREMIER ARTS ORGANIZATIONS. COMMUNITY PARTNERS - BENKADI 1000 NORTH ALAMEDA ST NO 240 LOS ANGELES CA 90012 954302067 35000 0 BENKADI DEBBIE ALLEN DANCE INC 3791 SANTA ROSALIA DR LOS ANGELES CA 90008 954831387 50000 0 DEBBIE ALLEN DANCE ACADEMY PROVIDED FUNDING FOR TWO DEBBIE ALLEN DANCE ACADEMY PROGRAMS PRIMARILY SERVING STUDENTS AGE 13 AND OLDER WITH A COMPREHENSIVE DANCE CURRICULUM: ACADEMY III AND THE CONSERVATORY. DEEP SPRINGS COLLEGE HC 72 BOX 45001 DYER NV 89010 956137481 100000 0 DEEP SPRINGS COLLEGE HOSTED THE SUMMER SEMINAR FOR NEW STUDENTS. THE SUMMER SEMINAR INTRODUCES THE NEW STUDENTS, ALL OF WHOM RECEIVE FULL SCHOLARSHIPS, TO ACADEMIC LIFE AT THE COLLEGE. DIDI HIRSCH MENTAL HEALTH SERVICES 4760 SOUTH SEPULVEDA BLVD CULVER CITY CA 90230 951816023 100000 0 DIDI HIRSCH MENTAL HEALTH SERVICES WAS ABLE TO FACILITATE THEIR MENTAL HEALTH SERVICES TEEN LINE THAT PROVIDES SUPPORT, RESOURCES, AND HOPE TO YOUTH THROUGH A HOTLINE OF PROFESSIONALLY TRAINED TEEN COUNSELORS, AND WORKED TO DE-STIGMATIZE AND NORMALIZE MENTAL HEALTH THROUGH OUTREACH. EAST WEST PLAYERS INC 120 N JUDGE JOHN AISO ST LOS ANGELES CA 90012 956151775 50000 0 EAST WEST PLAYERS EXPANDED THEIR THEATER FOR YOUTH PROGRAM, WHICH REACHED OVER 11,000 YOUTH AND FAMILIES LAST YEAR AND BROUGHT A TOURING PRODUCTION INTO SCHOOLS, COMMUNITY COLLEGES AND COMMUNITY CENTERS. EXCEPTIONAL CHILDRENS FOUNDATION 5350 MACHADO ROAD CULVER CITY CA 90230 951690988 75000 0 EXCEPTIONAL CHILDREN'S FOUNDATION SUPPORTED A MUSIC PROGRAM AT KAYNE ERAS SCHOOL FOR STUDENTS IN GRADES 9-12. THIS SCHOOL OFFERS SPECIAL EDUCATION, THERAPEUTIC SERVICES, AND EXPERIENTIAL LEARNING ACTIVITIES THAT PROMOTE THE ACADEMIC SUCCESS OF STUDENTS WITH SPECIAL NEEDS. FOUNDATION FOR WOMEN WARRIERS 1185 PARK CENTER DRIVE SUITE O VISTA CA 92081 205523954 50000 0 FOUNDATION FOR WOMEN WARRIORS PROVIDED EMERGENCY FINANCIAL ASSISTANCESTIPENDS AND CHILD CARE ASSISTANCE STIPENDS TO WOMEN VETERANS AND ACTIVE-DUTY SERVICEWOMEN AGES 18-26 TO PREVENT HOMELESSNESS AND ENHANCE THEIR PERSONAL AND ECONOMIC WELL BEING. FULFILLMENT FUND - SCHOLARSHIPS 6100 WILSHIRE BLVD LOS ANGELES CA 90048 953180934 100000 0 FULFILLMENT FUND EMPOWERED YOUNG PEOPLE WITH ACCESS TO AFFORD HIGHER EDUCATION, SUCCESSFULLY GRADUATE, AND EMBARK ON A MEANINGFUL CAREER PATH -- THE GATEWAY TO ECONOMIC MOBILITY. GOLDEN HEART RANCH 703 PIER AVENUE HERMOSA BEACH CA 90254 263131470 75000 0 GOLDEN HEART RANCH WAS ABLE TO PURCHASE A 15-PASSENGER VAN FOR COMMUNITY DAYS AND THE TRANSPORTATION OF YOUNG ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES. HATHAWAY-SYCAMORES CHILD & FAMILY SERVICE 100 WEST WALNUT ST PASADENA CA 91124 951691005 100000 0 HATHAWAY-SYCAMORES CHILD AND FAMILY SERVICES PROVIDED ONGOINGSUPPORT TO SYCAMORES NEW DROP-IN CENTER AT PASADENA COMMUNITY COLLEGE. THE DROP-IN CENTER PROVIDED SUPPORT FOR HOMELESS AND AT-RISK STUDENTS ATTENDING THE SCHOOL, ASSISTING WITH BASIC NEEDS, SUCH AS FOOD AND CLOTHING, WHILE ALSO PROVIDING LINKAGES TO HOUSING, MENTAL HEALTH AND OTHER SUPPORTIVE SERVICES. HOPE LOVES COMPANY (ALS FOR CHILDREN CAMPS) 65 S MAIN ST BLDG C SUITE 101 PENNINGTON NJ 08534 208418402 50000 0 HOPE LOVES COMPANY FACILITATED THEIR PREMIER PROGRAM, CAMP HLC. A THREE-DAY, OVERNIGHT RETREAT FOR YOUTH AND YOUNG ADULTS, WHO HAVE OR HAVE HAD A LOVED ONE BATTLING ALS. THEY ALSO HOSTED VIRTUAL GROUPS AND PROVIDED SCHOLARSHIPS FOR YOUTH AFFECTED BY ALS. INDIVISIBLE ART 618 CYPRESS AVE HERMOSA BEACH CA 90254 813491706 35000 0 THE CREATIVE CONSCIOUSNESS PROGRAM JAPANESE AMERICAN CULTURAL & COMM CENTER 244 S SAN PEDRO ST STE 505 LOS ANGELES CA 90012 237124042 100000 0 DO (THE WAY): TRADITIONAL JAPANESE ARTS FOR YOUTH ADULTS KIWANIS FAMILY HOUSE 2875 50TH STREET SACRAMENTO CA 95817 680016996 50000 0 KIWANI'S FAMILY HOUSING LA OPERA 135 N GRAND AVE LOS ANGELES CA 90012 953736299 100000 0 LA OPERA CREATED OPPORTUNITIES FOR HIGH SCHOOL AND COLLEGE STUDENTS TO LEARN AND WORK ALONGSIDE PROFESSIONALS THROUGH THREE DIFFERENT BRANCHES OF THE ACADEMY: LEADERSHIP ACADEMY, RUSSELL THOMAS YOUTH ARTIST TRAINING ACADEMY, AND THE TECH ACADEMY. LOST ANGELS 44528 BEECH AVE LANCASTER CA 93534 473384907 225000 0 LOST ANGELS CHILDREN'S PROJECT, INC. UTILIZED A MULTI-YEAR GRANT TO FACILITATE THEIR 12-WEEK VOCATIONAL TRAINING PROGRAM AND TO PROVIDE FINANCIAL ASSISTANCE WITH LIFE NECESSITIES. NEW DIRECTIONS FOR YOUTH 7315 LANKERSHIM BLVD NORTH HOLLYWOOD CA 91605 952973008 100000 0 NEW DIRECTIONS FOR YOUTH, INC. CREATED A "BRIDGEFUND" TO COVER MENTALHEALTH COUNSELING, GANG INTERVENTION, AND OTHER PROGRAM COSTS WHILE AWAITING LA COUNTY REIMBURSEMENTS. NOTRE DAME - SCHOLARSHIPS 13645 RIVERSIDE DRIVE SHERMAN OAKS CA 91423 951716808 150000 0 NOTRE DAME HIGH SCHOOL WAS ABLE TO HIRE A LEARNING SPECIALIST WHO COORDINATED ALL OF THE SUPPORT SERVICES AND ACCOMMODATIONS FOR STUDENTS WITH LEARNING DIFFERENCES. OPTIMISTS BOYS HOME & RANCH INC 6957 NORTH FIGUEROA ST LOS ANGELES CA 90041 951643340 100000 0 OPTIMIST YOUTH HOMES AND FAMILY SERVICES WAS ABLE TO PROVIDE ACCESSIBILITY AT THEIR HIGHLAND PARK CAMPUS. THESE ENHANCEMENTS BROUGHT DORMITORIES TO CURRENT ADA STANDARDS. OUR BIG KITCHEN LA 9190 W OLYMPIC BLVD BEVERLY HILLS CA 90212 844370166 50000 0 OBKLA COMMUNITY YOUTH INITIATIVE OUR HOUSE - CAMP ERIN 21860 BURBANK BLVD WOODLAND HILLS CA 91367 330529915 75000 0 CAMP ERIN PROGRAM FOR YOUTH ADDRESSING GRIEF AND LOSS OF LOVED ONE. PACIFIC ASIAN COUNSELING SERVICE 8616 LA TIJERA BLVD LOS ANGELES CA 90045 954564739 100000 0 PACIFIC ASIAN COUNSELING SERVICES WAS ABLE TO SERVE MORE THAN 57 SCHOOL-AGED YOUTH IN 14 SCHOOLS ACROSS 3 LA COUNTY SERVICE PLANNING AREAS (SPAS) THROUGH MENTAL HEALTH COUNSELING, INDIVIDUAL REHABILITATION, AND TARGETED CASE MANAGEMENT. PACIFIC CLINICS 251 LLEWELLYN AVE CAMPBELL CA 95008 942295953 50000 0 HESTIA HOUSE - HARM REDUCTION PROJECT PLAYA SUNRISE ROTARY CLUB PO BOX 903447 SACRAMENTO CA 94203 204148751 20000 0 SCHOLARSHIP PROGRAM (GRADUATING HIGH SCHOOL STUDENTS) RANCHO SAN ANTONIO 21000 PLUMMER ST CHATSWORTH CA 91311 260588029 75000 0 RANCHO SAN ANTONIO BOYS HOME INC., WAS ABLE TO UPDATE THEIR EXISTINGGARAGE TO BUILD OUT A STATE OF THE ART MUSIC STUDIO AND CREATIVE HEALING ARTS TREATMENT FACILITY FOR YOUTH WHO HAVE BEEN INVOLVED IN THE JUVENILE JUSTICE OR CHILD WELFARE SYSTEM. SAINT ANDREW'S ABBEY 31001 N VALYERMO ROAD PO BOX 40 VALYERMO CA 93563 20000 0 SAINT ANDREW'S ABBEY, INC. PURCHASED AND UPGRADED NECESSARY EQUIPMENT TO HELP ENRICH THE RETREAT EXPERIENCE FOR YOUTH. STANFORD SIERRA YOUTH & FAMILIES 8912 VOLUNTEER LANE SACRAMENTO CA 95826 680065690 100000 0 STANDFORD YOUTH SOLUTIONS TO PROVIDE MENTORING AND SUPPORT FOR TRANSITION-AGE YOUTH FOSTER STARLIGHT CHILDRENS FOUNDATION 400 CORPORATE POINTE SUITE 5900 CULVER CITY CA 90230 953802159 100000 0 STARLIGHT WAS ABLE TO FACILITATE THEIR ONLINE STEAM EDUCATION PROGRAM WHICH PAIRS CHRONICALLY AND SERIOUSLY ILL YOUTH WITH MENTORS WHO TEACH STEAM COURSE CURRICULUM. STUDENTS LEARNED EVERYTHING FROM THE SCIENCE OF LIGHT TO CODING AND ANIMATION. THE PAINTED TURTLE 1300 4TH STREET SUITE 300 SANTA MONICA CA 90401 954612481 100000 0 THE PAINTED TURTLE TO SUPPORT THEIR LEADERSHIP PROGRAM THE PASADENA PLAYHOUSE 600 PLAYHOUSE ALLEY NO 300 PASADENA CA 91101 953473192 50000 0 THE PASADENA PLAYHOUSE WAS ABLE TO PUT ON A PHYSICAL PRODUCTION DESIGNED BY STUDENTS FROM COSTUME DESIGNS TO PROJECTIONS AND VIDEO. THE WATER BUFFALO CLUB 1014 S CRESCENT HEIGHTS BLVD LOS ANGELES CA 90035 954250320 75000 0 THE WATER BUFFALO CLUB FOR BACK TO SCHOOL FOR FOSTER YOUTH AND HOLIDAY EVENT YWCA - SAN GABRIEL 101 BARRANCA AVE COVINA CA 91723 951641967 50000 0 YWCA TO SUPPORT PATHWAYS TO EMPOWERMENT PROGRAM 46 PART I, LINE 2: THE CEO CONSIDERS POTENTIAL GRANTEES AFTER A DUE DILIGENCE REVIEW OF THE POTENTIAL GRANTEES' 990S. ALL POTENTIAL GRANTEES PARTICIPATE IN A PHONE OR ZOOM INTERVIEW, AND/OR ON SITE OR VIRTUAL MEETINGS WITH A REPRESENTATIVE OF LLFY. THE CEO PRESENTS A LIST OF RECOMMENDED GRANTS, PURPOSE AND AMOUNT TO THE BOARD OF DIRECTORS. THE BOARD APPROVES THE GRANT RECOMMENDATIONS. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT OF THE FOUNDATION REVIEWS THE FORM 990 AND CIRCULATES A DRAFT COPY OF THE FORMS TO THE BOARD OF DIRECTORS. AFTER APPROXIMATELY ONE WEEK, THE PRESIDENT CONVENES A BRIEF TELEPHONIC MEETING OF THE BOARD MEMBERS TO REVIEW AND APPROVE THE FILING OF THE TAX RETURNS. FORM 990, PART VI, SECTION B, LINE 12C PERIODIC REVIEWS WILL BE CONDUCTED TO MONITOR WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARMS LENGTH BARGAINING. PERIODIC REVIEWS WILL ALSO BE CONDUCTED TO VERIFY WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE FOUNDATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A THE FOUNDATION HIRED AN OUTSIDE CONSULTANT TO ADVISE THE BOARD ON A REASONABLE COMPENSATION FOR THE EXECUTIVE DIRECTOR, RENATE S. HOCHLEITNER. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF FORM 1023 AND FORM 990 ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT, REVIEW OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.