2019-05-14T14:05:26-05:00 2018-06-30 941254756 HOOD & STRONG LLP 275 BATTERY ST STE 900 SAN FRANCISCO CA 94111 990 2017-07-01 941707583 CALIFORNIA STATE PARKS FOUNDATION CALI 4152624400 33 NEW MONTGOMERY STREET NO 520 SAN FRANCISCO CA 94105 RACHEL NORTON EXECUTIVE DIRECTOR 4152624400 2019-05-14 1 MAGA E KISRIEV P01008919 4157810793 73.162.228.236 2019-05-14 11:16:15 PD P 8A06FEF07356F7C90A9824A760A1509B37C56892 76FF2A6BB2396675DA7FC3BECCB7F23E28595D91 2017 2019-02-21 02:37:17Z RACHEL NORTON 33 NEW MONTGOMERY STREET NO 520 SAN FRANCISCO CA 94105 12985625 0 X WWW.CALPARKS.ORG X 1969 CA TO IMPROVE AND MAINTAIN CALIFORNIA'S STATE PARKS. 27 27 28 4500 852 9747 6738811 8486598 0 900000 375842 453434 1374560 217447 8489213 10057479 893660 1521812 0 0 2269413 2212859 167497 45525 1893405 4943547 6365401 8274117 10145597 215096 -88118 19594304 18170367 4449708 3584616 15144596 14585751 X THE CALIFORNIA STATE PARKS FOUNDATION IS A NON-PROFIT MEMBERSHIP ORGANIZATION DEDICATED TO PROTECTING, ENHANCING AND ADVOCATING FOR CALIFORNIA STATE PARKS. 0 0 688257 125000 0 WE HELPED PASS PROPOSITION 68 - WITH 57.4% MARKING "YES" ON THEIR BALLOTS IN JUNE 2018, VOTERS PASSED PROPOSITION 68, THE LARGEST INVESTMENT IN NATURAL RESOURCES AND UNDERSERVED COMMUNITIES IN CALIFORNIA HISTORY. IN A LEAN, GRASSROOTS CAMPAIGN, CSPF COLLABORATED WITH PARTNERS TO MOBILIZE OUR COLLECTIVE COMMUNITIES TO REACH MORE THAN 3.8 MILLION PEOPLE WHO VOTED YES ON 68 THROUGH WORD-OF-MOUTH, PRESS COVERAGE AND MORE. THIS VICTORY WAS WON BY THE STRENGTH OF OUR NETWORKS AND ADVOCATES ON THE GROUND ENSURING CALIFORNIANS' VOICES WOULD BE HEARD. TOGETHER, WE'LL CONTINUE TO RAISE OUR VOICES FOR A GROWING MOVEMENT FOR STATE PARKS. 332174 175967 110000 WE MARKED 20 YEARS OF CELEBRATING EARTH DAY WITH ACTION AND PUBLIC SERVICE. NEARLY 3,000 PEOPLE SHOWED UP ON APRIL 21, 2018 TO 35 STATE PARKS FOR OUR 20TH ANNUAL EARTH DAY RESTORATION AND CLEANUP, PRESENTED BY PACIFIC GAS AND ELECTRIC COMPANY. FOR THE FIRST TIME SPECIAL CLIMATE RESILIENCY PROJECTS HELPED PREPARE STATE PARKS FOR CHANGING CLIMATE THREATS AND KEEP THEM EXCELLENT FOR GENERATIONS TO COME. IN ONE DAY, VOLUNTEERS PLANTED 6,702 NATIVE PLANTS; REMOVED 741 CUBIC YARDS OF NON-NATIVE VEGETATION; COLLECTED 620 BAGS OF TRASH AND 65 BAGS OF RECYCLING; RESTORED 14.5 MILES OF TRAILS; AND BUILT, REPAIRED AND IMPROVED MANY PARK STRUCTURES, ALL TO HELP PROTECT CALIFORNIA'S TREASURED PUBLIC LANDS. 234653 234653 0 CALIFORNIA STATE PARKS FOUNDATION IS INCREASING ACCESS TO STATE PARKS AND ALL THE BENEFITS THEY HAVE TO OFFER. LAST YEAR, WE AWARDED OVER 15 GRANT FUNDS FOR YOUTH OUTSIDE TO ORGANIZATIONS SUCH AS OUTDOOR OUTREACH, THE COMMUNITY NATURE CONNECTIONS, MENDOCINO WOODLANDS CAMP ASSOCIATION, SONOMA ECOLOGY CENTER, STEWARDS OF THE COAST AND REDWOODS AND MANY MORE. 6117916 986192 1003607 THE CALIFORNIA STATE PARKS FOUNDATION IS A SUPPORTER OF NONPROFIT ORGANIZATIONS AND LOCAL GOVERNMENTS WHO PARTNER WITH CALIFORNIA STATE PARKS IN THEIR AREA ACROSS THE STATE. THE FOUNDATION MADE PRO-BONO SERVICES AVAILABLE TO THESE GROUPS THROUGH A TECHNICAL ASSISTANCE CENTER, INCLUDING FUNDRAISING, CAPACITY-BUILDING AND OTHER KEY ELEMENTS OF ORGANIZATIONAL MANAGEMENT. THE FOUNDATION ALSO PROVIDES ONGOING SUPPORT FOR OPERATIONS AND MAINTENANCE FOR SEVERAL OTHER PARKS THROUGHOUT THE YEAR. MAJOR GRANTS FOR FISCAL SPONSORS INCLUDED SILVER STRAND STATE BEACH FENCING PROJECT AND THE RESTORATION OF THE PIGEON POINT LIGHTHOUSE. 6117916 986192 1003607 7373000 1 1 0 1 0 0 0 0 1 1 1 0 0 0 1 1 1 0 0 0 1 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 40 0 1 28 1 1 1 0 0 0 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X KURT HAGEN 4152624400 33 NEW MONTGOMERY STREET SUITE 520 SAN FRANCISCO CA 94105 DAVID MANDELKERN CHAIRPERSON 2.00 X X 0 0 0 CATHERINE FISHER VICE-CHAIRPERSON 2.00 X X 0 0 0 ELIZABETH LAKE SECRETARY 2.00 X X 0 0 0 DON ROBINSON TREASURER 2.00 X X 0 0 0 MICHAEL ALVAREZ TRUSTEE 2.00 X 0 0 0 DOUG BEEBE TRUSTEE 2.00 X 0 0 0 WILLIAM DOOLITTLE TRUSTEE 2.00 X 0 0 0 WILLIAM FAIN TRUSTEE 2.00 X 0 0 0 STEVE JOHNSON TRUSTEE 2.00 X 0 0 0 VIRGINIA CHANG KIRALY TRUSTEE 2.00 X 0 0 0 ROZ NIEMAN TRUSTEE 2.00 X 0 0 0 JOHN O'CONNOR TRUSTEE 2.00 X 0 0 0 ROBERT PATTERSON TRUSTEE 2.00 X 0 0 0 PATRICIA PEREZ TRUSTEE 2.00 X 0 0 0 MICHAEL PINTO TRUSTEE 2.00 X 0 0 0 ROBERT WALTER TRUSTEE 2.00 X 0 0 0 PETER WEINER TRUSTEE 2.00 X 0 0 0 RAYAN T'KINDT TRUSTEE 2.00 X 0 0 0 ANGEL BARAJAS TRUSTEE 2.00 X 0 0 0 MICHON COLEMAN TRUSTEE 2.00 X 0 0 0 MANUEL G GRACE TRUSTEE 2.00 X 0 0 0 BIRT JOHNSON TRUSTEE 2.00 X 0 0 0 JAMES LAU TRUSTEE 2.00 X 0 0 0 DIANE ROSS-LEECH TRUSTEE 2.00 X 0 0 0 GINA OROZCO-MEJIA TRUSTEE 2.00 X 0 0 0 DAN SKOPEC TRUSTEE 2.00 X 0 0 0 RYAN T'KINDT TRUSTEE 2.00 X 0 0 0 RACHEL NORTON EXECUTIVE DIRECTOR 37.50 X 102424 0 0 SUSAN SMARTT INTERIM EXECUTIVE DIRECTOR 37.50 X 131790 0 0 HILDA HOLLIS DIRECTOR OF FINANCE AND ADMINISTRATION 37.50 X 105000 0 10535 JERRY EMORY VP, PROGRAMS AND COMM (THRU 6/30/17) 37.50 X 116076 0 9160 ASHLEY TITTLE DIRECTOR OF ANNUAL GIVING 37.50 X 107500 0 7360 562790 0 27055 5 0 0 0 CONCORD LITHO GROUP INC 92 OLD TURNPIKE ROAD CONCORD NH 03301 FUNDRAISING CONSULTANT 1905735 WRA INC 2169-G EAST FRANCISCO BLVD SAN RAFAEL CA 94901 ENVIRONMENTAL CONSULTANT 222382 BLACKBAUD INC PO BOX 930256 ATLANTA GA 311930256 CREDIT CARD PROCESSING 149330 NAMES IN THE NEWS 180 GRAND AVENUE SUITE 1365 OAKLAND CA 946123716 LIST PROVIDER 124108 LANGTECH SYSTEMS CONSULTING 733 FRONT STREET SUITE 110 SAN FRANCISCO CA 94111 CREDIT CARD PROCESSING 119724 5 3545587 885102 4055909 430072 8486598 RESTORATION OF WETLANDS 900099 900000 900000 900000 251201 251201 3130379 2928146 202233 202233 202233 3840 0 3840 852 2988 LITIGATION PROCEEDS 900099 140000 140000 EARNED REVENUE 900099 40184 40184 MISCELLANEOUS REVENUE 900099 33423 33423 213607 10057479 1113607 852 456422 1144895 1144895 376917 376917 663729 420375 195950 47404 1204269 672590 140290 391389 21535 12656 3852 5027 185310 108904 33148 43258 138016 80741 24848 32427 133979 132453 584 942 41600 41600 189000 189000 45525 45525 56713 56713 238290 115912 44841 77537 65030 61353 3677 435155 210235 142204 82716 300054 174447 61278 64329 318619 186424 57351 74844 71977 40262 22271 9444 6654 3735 1214 1705 19684 19684 85062 49770 15311 19981 27105 11104 11543 4458 MEMBERSHIP 2353833 1389007 293 964533 PROGRAM EXPENSES 1833138 1832922 83 133 EVENTS 88385 71044 551 16790 PARK POLICY & ADVOCACY 70106 70106 31017 18148 5583 7286 10145597 7373000 879192 1893405 X 3133242 1940246 0 1192996 2874711 2289546 6987967 5894475 1164363 1263086 15503 5265 313105 255098 244378 116170 147377 128208 8068472 8314979 22806 19710 19594304 18170367 344276 400518 1250000 1379031 1421965 381965 1031903 1034052 321295 340978 80269 48072 4449708 3584616 X 6150941 6350988 6084881 5325989 2908774 2908774 15144596 14585751 19594304 18170367 X -88118 18840 -489567 X 0 1 X 1 0 X 10825566 9481368 9715082 6738811 8486598 45247425 10825566 9481368 9715082 6738811 8486598 45247425 333324 44914101 281724 291028 236678 218411 251201 1279042 257909 128905 516701 62024 2988 968527 47494994 2680980 0.94570 0.94210 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2013 AMOUNT: $ 257,909. 2014 AMOUNT: $ 0. 2015 AMOUNT: $ 516,701. 2016 AMOUNT: $ 62,024. 2017 AMOUNT: $ 2,988. GROSS INCOME FROM FUNDRAISING EVENTS - 2013 AMOUNT: $ 0. 2014 AMOUNT: $ 94,905. 2015 AMOUNT: $ 0. 2016 AMOUNT: $ 0. 2017 AMOUNT: $ 0. GROSS INCOME FROM GAMING ACTIVITIES - 2013 AMOUNT: $ 0. 2014 AMOUNT: $ 34,000. 2015 AMOUNT: $ 0. 2016 AMOUNT: $ 0. 2017 AMOUNT: $ 0. 0 164600 164600 9689759 9854359 642718 160680 0 0 661817 714570 547816 642718 2566921 3850382 208374 237242 130005 164600 740221 165454 178643 136954 160680 641731 962597 24486 28472 52958 0 1 X 3843976 176595 104537 3916034 8382267 15200 739451 5292942 3843976 9037789 -94020 561502 8382267 9780929 -14592 728548 9037789 8747504 100000 1242822 309397 9780929 0.00000 0.74280 0.25720 0 0 71028 42250 28778 173350 73920 99430 128208 LIABILITY TO BENEFICIARIES OF PLANNED GIFTS 1906 DEFERRED RENT 46166 48072 X 9519606 18840 -500000 -481160 10000766 56713 56713 10057479 10078451 -10433 -10433 10088884 56713 56713 10145597 PART IV, LINE 2B: TOTAL AMOUNT IS BEING HELD IN THE UBS MONEY MARKET ACCOUNT FOR HILLS FOR EVERYONE (HFE), A NOT-FOR-PROFIT FOUNDATION. THE PURPOSE OF THE FUND IS FOR HFE TO ACQUIRE WALNUT WOODLANDS HABITAT PROPERTY. ON THE FOUNDATION'S BOOK IT IS TITLED AS "CHINO HILLS WALNUT WOODLAND MITIGATION FUND". STARTING SEPTEMBER 2009, THE TERM OF THE AGREEMENT IS FOR 10 YEARS OR UNTIL THE PURPOSE OF THE FUND IS ACHIEVED. ANY INTEREST EARNED SHALL ACCRUE TO HFE. PER FEBRUARY 2010 ADDENDUM, MANAGEMENT FEES WILL BE DELETED AND HFE WILL PAY THE FOUNDATION A ONE-TIME, FLAT FEE OF $7,000 TO COVER ALL MANAGEMENT FEES. PART V, LINE 4: DONOR-RESTRICTED ENDOWMENT FUNDS ARE RESTRICTED TO INVESTMENT IN PERPETUITY, THE INCOME FROM WHICH IS EXPENDABLE TO SUPPORT PROGRAMMATIC ACTIVITIES OF THE FOUNDATION. BOARD-DESIGNATED ENDOWMENT FUNDS ARE RESTRICTED FOR SPECIFIC PROJECTS. PART X, LINE 2: THE FOUNDATION IS A TAX-EXEMPT ORGANIZATION UNDER THE INTERNAL REVENUE CODE SECTION 509(A)(1) UNDER SECTION 501(C)(3) AND RELATED CALIFORNIA CODE SECTIONS. THE FOUNDATION MAY BE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME. NO ESTIMATED UNRELATED BUSINESS INCOME TAX WAS RECORDED FOR THE YEAR ENDED JUNE 30, 2018. THE FOUNDATION FOLLOWS THE GUIDANCE OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740 FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD MAINTAINED ITS TAX-EXEMPT STATUS AND HAD NOT TAKEN UNCERTAIN TAX POSITIONS THAT REQUIRED ADJUSTMENT TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RETURN OF CONTRIBUTION -500,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: GRANT REFUNDS -10,433. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 37834 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 INVESTMENTS 112386 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS 421437 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 INVESTMENTS 72404 RUSSIA AND NEIGHBORING STATES 0 0 INVESTMENTS 6861 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 INVESTMENTS 57298 SUB-SAHARAN AFRICA 0 0 INVESTMENTS 7135 0 0 0 0 0 0 715355 0 715355 1 0 1 0 0 0 X X X X X X 1 CONCORD LITHO GROUP INC 92 OLD TURNPIKE ROAD CONCORD NH 03301 DIRECT MARKETING 0 4395990 2139807 2256183 GREEN SOURCE CONSULTING 1020 ETHELDORE STREET MOSS BEACH CA 94038 GRANT WRITER 0 0 26414 -26414 MARKETSMART LLC 6404 IVY LANE SUITE 110 GREENBELT MD 20770 LEGACY GIFTMAKER 0 0 23993 -23993 BRENDA LARIBEE 1208 HAMPEL STREET OAKLAND CA 94602 FUNDRAISING CONSULTING 0 0 9788 -9788 4395990 2200002 2195988 CA NV 1 CALIFORNIA LEAGUE OF CONSERVATION VOTERS 350 FRANK H OGAWA PLAZA - SUITE 1100 OAKLAND CA 94612 943169564 501(C)(4) 6500 CONTRIBUTION SOUTHERN CALIFORNIA ENVIRONMENTAL LEADERSHIP AWARDS 12/03/17, 2017 ANNUAL CONTRIBUTION TO GREEN CALIFORNIA CALIFORNIA DEPARTMENT OF PARKS AND RECREATION 1879 JACKSON ST RIVERSIDE CA 92504 680303606 CA DEPT P&R 692232 SPC172-00, PHASE 2 FENCING PROJECT GOLDEN GATE NATIONAL PARKS CONSERVANCY BUILDING 201 FORT MASON SAN FRANCISCO CA 94123 942781708 501(C)(3) 7209 PACKARD SUMMER LEARNING PROG 2017 - ONE TIME REIMBURSEMENT FOR STAFF TIME SOCIAL AND ENVIRONMENTAL ENTREPRENEURS PO BOX 56 DAVENPORT CA 95017 954116679 501(C)(3) 9950 EARTH DAY 2018 GRANT MENDOCINO WOODLANDS CAMP ASSOCIATION PO BOX 267 MENDOCINO CA 95460 941575258 501(C)(3) 25000 CLIMATE RESILIENCY PROJECT GRANT, YOUTH ACCESS GRANT ROUND, SPRING 2018 SONOMA ECOLOGY CENTER 2605 ADOBE CANYON ROAD KENWOOD CA 95452 943136500 501(C)(3) 44680 CLIMATE RESILIENCY PROJECT GRANT, SUGARLOAF RIDGE STATE PARK RECOVERY, YOUTH ACCESS GRANT ROUND, SPRING 2018 STEWARDS OF THE COAST AND REDWOODS 17000 ARMSTRONG WOODS RD GUERNEVILLE CA 95446 943039895 501(C)(3) 20000 CLIMATE RESILIENCY PROJECT GRANT, YOUTH ACCESS GRANT ROUND, SPRING 2018 OUTDOOR OUTREACH 5275 MARKET STREET - SUITE 21 SAN DIEGO CA 92114 330860449 501(C)(3) 9897 YOUTH EDUCATION GRANT - FALL 2017 ORANGE COUNTY COASTKEEPER 3151 AIRWAY AVENUE SUITE F110 COSTA MESA CA 92626 330847892 501(C)(3) 10000 YOUTH EDUCATION GRANT - FALL 2017 CHINO HILLS STATE PARK INTERPRETIVE ASSOCIATION 4500 CARBON CANYON ROAD BREA CA 92823 330542316 501(C)(3) 6500 YOUTH EDUCATION GRANT - FALL 2017 AMIGOS DE BOLSA CHICA PO BOX 1563 HUNTINGTON BEACH CA 92648 330752003 501(C)(3) 7500 YOUTH EDUCATION GRANT - FALL 2017 SANTA BARBARA TRUST FOR HISTORIC PRESERVATION 123 EAST CANON PERDIDO STREET SANTA BARBARA CA 93101 956111696 501(C)(3) 10000 YOUTH ACCESS GRANT ROUND SPRING 2018 COMMUNITY NATURE CONNECTION PO BOX 31187 LOS ANGELES CA 90031 954316388 501(C)(3) 19031 YOUTH ACCESS GRANT ROUND SPRING 2018 SAINT MARY'S COLLEGE OF CALIFORNIA 1928 ST MARYS ROAD PMB 4300 MORAGA CA 94575 941156599 501(C)(3) 10000 YOUTH ACCESS GRANT ROUND, SPRING 2018 VALLEY OF THE MOON NATURAL HISTORY ASSOCIATION 2400 LONDON RANCH ROAD GLEN ELLEN CA 95442 942412859 501(C)(3) 10000 YOUTH ACCESS GRANT ROUND, SPRING 2018 REGIONAL PARKS FOUNDATION PO BOX 21074 CRESTMONT STATION OAKLAND CA 94620 237011877 501(C)(3) 10000 YOUTH ACCESS GRANT ROUND, SPRING 2018 CLOCKSHOP 2806 CLEARWATER STREET LOS ANGELES CA 90039 331057561 501(C)(3) 10000 YOUTH ACCESS GRANT ROUND, SPRING 2018 OUTDOOR AFRO 2323 BROADWAY OAKLAND CA 94612 473094045 501(C)(3) 10000 YOUTH ACCESS GRANT ROUND, SPRING 2018 CALIFORNIA PARKS & RECREATION SOCIETY 7974 FREEPORT BLVD SACRAMENTO CA 95832 952122946 501(C)(6) 46725 TRANSFER OF CALIFORNIA ROUNDTABLE FISCAL SPONSORSHIP POINT LOBOS FOUNDATION ROUTE 1 BOX 62 CARMEL CA 93922 942546064 501(C)(3) 10000 PASS-THROUGH OF GIFT FROM BILL LANDRETH 18 2 MAGAZINE SUBSCRIPTIONS 24317 376917 COST MAGAZINE SUBSCRIPTIONS PART I, LINE 2: THE FOUNDATION'S DISCRETIONARY GRANTS PROGRAM REQUIRES APPLICANTS TO SUBMIT GRANT APPLICATIONS, WHICH ARE REVIEWED BY A GRANTS COMMITTEE MADE UP OF SELECTED EMPLOYEES OF THE FOUNDATION. RESTRICTED GRANTS ARE MADE BASED ON SUBMITTED INVOICES OR REQUESTS FOR EXPENSES ALLOWED BY THE TERMS OF THE PROGRAM OR RESTRICTED FUND AGREEMENT. X 376917 COST X 14 53155 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS REPRESENTS THE NUMBER OF CONTRIBUTORS, NOT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT RETURN IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THE DIRECTOR OF FINANCE AND OPERATIONS, AND ANY AND ALL CORRECTIONS ARE MADE. THE AUDIT AND THE FINANCE & INVESTMENT COMMITTEE THEN REVIEW THE CORRECTED RETURNS. ONCE SATISFIED, THE DRAFT RETURNS ARE SHARED WITH THE FULL BOARD FOR COMMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION'S OFFICERS, TRUSTEES AND KEY EMPLOYEES ARE COVERED BY THE POLICY. ANNUALLY, EACH TRUSTEE, OFFICER AND KEY EMPLOYEE COMPLETE A CONFLICT OF INTEREST FORM INDICATING KNOWLEDGE OF THE POLICY AND DISCLOSE ANY TRANSACTIONS THAT MAY POSE POTENTIAL CONFLICTS OF INTEREST UNDER THE POLICY. THE BOARD OF TRUSTEES REVIEWS ALL THE MATERIAL FACTS AND CAN ASK FOR ADDITIONAL INFORMATION FROM THE PARTY(IES) INVOLVED. AFTER EXERCISING DUE DILIGENCE, INCLUDING IDENTIFYING ALTERNATIVE TRANSACTIONS, THE BOARD MAKES A DECISION AS TO WHETHER THE TRANSACTION(S) IS IN THE BEST INTEREST OF THE FOUNDATION AND IS FAIR AND REASONABLE TO THE ORGANIZATION. A MAJORITY OF DISINTERESTED PARTIES MUST APPROVE THE TRANSACTIONS(S) AND ALL DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE MINUTES OF THE BOARD OF TRUSTEES. IF A COVERED PERSON FAILS TO DISCLOSE POTENTIAL CONFLICTS IN THE ANNUAL STATEMENT OR IN A TRANSACTION DURING THE YEAR, THE BOARD MAY TAKE DISCIPLINARY ACTIONS BASED ON ITS REVIEW OF THE FACTS. THE BOARD IS TO REVIEW THE POLICY AND COMPLIANCE OF COVERED PERSONS ANNUALLY AS NEEDED. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION CONTRACTS WITH AN OUTSIDE CONSULTANT TO REVIEW COMPENSATION THROUGHOUT THE ORGANIZATION. THIS REPORT IS SHARED WITH THE EXECUTIVE COMMITTEE, WHO REVIEWS THE COMPENSATION LEVELS OF THE PRESIDENT AND VP, FINANCE AND OPERATIONS, AND APPROVES IT. FORM 990, PART VI, SECTION C, LINE 19 THE PUBLIC CAN DOWNLOAD THE FORM 990 AND AUDITED FINANCIAL STATEMENTS DIRECTLY FROM THE WEBSITE, AND CAN REQUEST GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY IN WRITING VIA EMAIL OR LETTER. THESE DOCUMENTS ARE MADE AVAILABLE FOR THE SAME PERIOD OF TIME SET FORTH IN SEC. 6104(D). FORM 990, PART XI, LINE 9: GRANT REFUNDS 10,433. RETURN OF CONTRIBUTION -500,000. POOLED INCOME FUND INVESTMENTS CA CALIFORNIA STATE PARKS FOUNDATION T 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0