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        <ExplanationTxt>In 2022, the Education &amp; Leadership Foundation, a not-for-profit organization, EIN: 26-0417563, served as the fiscal agent for Familias en Accion, and received a $200,000 DRIVE Grant from the Central Valley Community Foundation on behalf of Familias en Accion. The Education &amp; Leadership Foundation reported all grant income and expenses on its own tax return for the 2022 tax year. Some of the grant funds were utilized by the Education &amp; Leadership Foundation in 2022 and 2023 to support Familias en Accions programs, as directed. The Education &amp; Leadership Foundation did not have any authority to determine how the funds were spent and did not have the discretion to spend the money independently. All decisions regarding the use of the grant funds were made by Familias en Accion, with the Education &amp; Leadership Foundation merely facilitating the disbursement as instructed. In 2023, once Familias en Accion became an established organization, The Education &amp; Leadership Foundation returned $160,137.88 of the unspent grant funds to Familias en Accion. Familias en Accion accounts for this returned amount in its 2023 financial statements and Form 990 as income, classified as a return of grant funds previously managed by a fiscal agent.</ExplanationTxt>
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