2018-01-22T19:07:08-06:00 2017-09-30 ERNST & YOUNG US LLP TWO NORTH CENTRAL AVENUE STE 2300 PHOENIX AZ 85004 990 2016-10-01 942850977 Helios Education Foundation % MICHAEL CHESIN HELI 6023812260 2415 E CAMELBACK ROAD Suite 500 PHOENIX AZ 85016 Michael Chesin SR. 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CHESIN SR VICE PRESIDENT & CFO 40.0 0.0 X 262524 0 81051 IAN SMITH SR VICE PRESIDENT & CCO 40.0 0.0 X 179205 0 38217 LINDA THOMPSON SVP PROG ADM & ORG LEARNING 40.0 0.0 X 217488 0 59652 CHARLES HOKANSON SVP-FL COMMUNITY ENGAGEMENT 40.0 0.0 X 204925 0 40849 VINCE YANEZ SVP-AZ COMMUNITY ENGAGEMENT 40.0 0.0 X 90148 0 17823 KAREN ORTIZ VP & PROGRAM DIRECTOR 40.0 0.0 X 173341 0 33045 BRAULIO COLON VP & PROGRAM DIRECTOR 40.0 0.0 X 160139 0 58281 PAUL PERRAULT VP & Director of Research 40.0 0.0 X 152759 0 57636 TAMMI CRUM EXECUTIVE SERVICES DIRECTOR 40.0 0.0 X 103826 0 39866 JANICE PALMER VP & DIRECTOR OF POLICY 40.0 0.0 X 112274 0 22699 3072307 0 619351 14 false true false ARCHITEKTON INC 464 S FARMER AVE 101 TEMPE AZ 85281 ARCHITECTURAL DESIGN 1658313 STEVEN BETTS 211 E CATALINA DRIVE PHOENIX AZ 85012 CONSTRUCTION MGMT 195539 ENTERPRISE TECHNOLOGY SERVICES 730 N 52ND ST 100 PHOENIX AZ 85008 OUTSOURCED TECH 118115 MERCER PO BOX 730182 DALLAS TX 75373 BUsiness Consulting 507633 NORTHERN TRUST 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sections 509(a)(1) or 509(a)(2) of the internal revenue code. DURING FY17, THE FOUNDATION PROVIDED $24.5 MILLION IN GRANTS TO ITS SUPPORTED CLASS OF ARIZONA AND FLORIDA EDUCATIONAL ORGANIZATIONS. HELIOS EDUCATION FOUNDATION DESIGNATES ITS SUPPORTED CHARITIES BY CLASS OR PURPOSE AND SATISFIES THE TYPE I "RELATIONSHIP TEST" BY ENSURING THAT A MAJORITY OF ITS BOARD OF DIRECTORS ARE ELECTED OR APPOINTED BY REPRESENTATIVES OF THE CLASS OF CHARITIES IT SUPPORTS. HELIOS EDUCATION FOUNDATION OPERATES FOR THE BENEFIT ONLY OF ORGANIZATIONS WITHIN ITS DESIGNATED CLASS (EDUCATIONAL ORGANIZATIONS LOCATED IN ARIZONA AND FLORIDA), WHICH APPOINT A MAJORITY OF THE BOARD OF DIRECTORS OF HELIOS EDUCATION FOUNDATION. false false false 0 false 0 false 0 false 0 true 8261 false 0 false 0 8261 false SCHEDULE C, PART II-B, LINE 1G LINE 1G CONSISTS OF Consulting expense AND NOMINAL LOBBYING COSTS EMBEDDED WITHIN COMMUNITY MEMBERSHIP DUES. 8278150 8278150 1831958 1534838 297120 1419488 861538 557950 1415888 665531 750357 5616698 64665 5552033 15435610 HEDGE FUNDS - ALTERNATIVES 111662386 F PRIVATE ASSETS - ALTERNATIVES 5133894 F 116796280 0 0 X 87839213 64499581 64499581 23339632 1509481 -2423373 -913892 22425740 38231496 2423373 2423373 35808123 1509481 1509481 37317604 Schedule D, Part X, Line 2 THE FOUNDATION ADOPTED THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740-10), WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE FOUNDATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. THE FOUNDATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. GENERALLY, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR THE YEARS BEFORE 2013. SCHEDULE D, PART XI, LINE 4B RENTAL EXPENSES (OLYMPUS PROPERTIES II) $(2,423,373) SHCEDULE D, PART XII, LINE 2D RENTAL EXPENSES $2,423,373 Central America and the Caribbean Investments 130283782 130283782 130283782 true false true false false false true Academy Prep Center of Tampa 1407 E Columbus Dr Tampa FL 33605 593377240 501(c)(3) 10000 See Part IV American Association of Hispanics in Higher Edu 1120 S Cady Mall Ste B-159 Tempe AZ 85287 300150324 501(c)(3) 9500 See Part IV America's Promise Alliance 1110 Vermont Ave NW Ste 900 Washington DC 20005 541848713 501(c)(3) 22500 See Part IV Arizona Academic Decathlon 6010 N 10th Way Phoenix AZ 85014 860508608 501(c)(3) 55000 See Part IV Arizona Community Foundation 2201 E Camelback Rd Ste 405B Phoenix AZ 85016 860348306 501(c)(3) 36459 See Part IV Arizona Diamondbacks Foundation 401 E Jefferson St Phoenix AZ 85004 860901615 501(c)(3) 10000 See Part IV Arizona Grantmakers Forum 2201 E Camelback Rd Ste 405B Phoenix AZ 85016 861040394 501(c)(3) 28590 See Part IV Arizona School Boards Association 2100 N Central Ave Ste 200 Phoenix AZ 85004 860288067 501(c)(3) 13000 See Part IV Arizona Science Center 600 E Washington St Phoenix AZ 85004 860390558 501(c)(3) 40000 See Part IV Arizona Town Hall 2400 W Dunlap Ave Ste 200 Phoenix AZ 85021 860177876 501(c)(3) 9245 See Part IV Assistance League of Phoenix Arizona 9224 N 5th St Phoenix AZ 85020 860193883 501(c)(3) 13500 See Part IV Association for Supportive Child Care 3910 South Rural Rd Ste E Tempe AZ 85282 860332919 501(c)(3) 9712 See Part IV ASU Foundation for a New American University 300 E University Dr Tempe AZ 85281 866051042 501(c)(3) 2793500 See Part IV Be A Leader Foundation 1715 W Northern Ave 104 Phoenix AZ 85021 550850279 501(c)(3) 15000 See Part IV CEOs for Cities 1717 Euclid Ave Cleveland OH 44115 134302280 501(c)(3) 8000 See Part IV Chicanos Por La Causa 1112 E Buckeye Rd Phoenix AZ 85034 860227210 501(c)(3) 5500 See Part IV Children's Action Alliance 3030 N 3rd St Ste 650 Phoenix AZ 85012 860594785 501(c)(3) 5100 See Part IV College Success Arizona 4040 E Camelback Rd Ste 220 Phoenix AZ 85018 202366755 501(c)(3) 4584480 See Part IV Communications Network 718 7th St NW Washington DC 20001 522114179 501(c)(3) 12483 See Part IV Community Foundation of Tampa Bay 550 N Reo St Ste 301 Tampa FL 33609 593001853 501(c)(3) 2000000 See Part IV Diocesan Council - Society of St Vincent DePaul PO Box 13600 Phoenix AZ 85002 860096789 501(c)(3) 10000 See Part IV Empower College Prep 2411 W Colter St Phoenix AZ 85015 900717690 501(c)(3) 5400 See Part IV Expect More Arizona PO Box 16088 Phoenix AZ 85011 453681012 501(c)(3) 100500 See Part IV Florida Chamber Foundation 136 S Bronough St Tallahassee FL 32301 596209605 501(c)(3) 166090 See Part IV Florida College System Foundation 325 W Gaines St Ste 1548 Tallahassee FL 32399 650530384 501(c)(3) 1109900 See Part IV Florida Education Foundation 325 W Gaines St Ste 1524 Tallahassee FL 32399 592718509 501(c)(3) 12420 See Part IV Florida Philanthropic Network 1211 N Westshore Blvd Ste 314 Tampa FL 33607 201328734 501(c)(3) 19460 See Part IV Florida State University Foundation 2010 Levy Ave Tallahassee FL 32310 596152180 501(c)(3) 23400 See Part IV Florida TaxWatch 106 N Bronough St Tallahassee FL 32301 591918055 501(c)(3) 10000 See Part IV Genesis City 525 E McDowell Rd Phoenix AZ 85004 860739107 501(c)(3) 44800 See Part IV Grantmakers for Education 851 SW 6th Ave Ste 350 Portland OR 97204 330919329 501(c)(3) 7500 See Part IV Great Hearts Academies 3102 N 56th St Ste 300 Phoenix AZ 85018 202036133 501(c)(3) 51000 See Part IV Hillsborough Education Foundation 2306 N Howard Ave Tampa FL 33607 592883361 501(c)(3) 45000 See Part IV Lawton Chiles Foundation 12008 Miccosukee Rd Tallahassee FL 32309 593400148 501(c)(3) 40000 See Part IV Maricopa Community Colleges Foundation 2419 W 14th St Tempe AZ 85281 860327449 501(c)(3) 33000 See Part IV Miami Dade College Foundation Wolfson Campus Bldg 1 Miami FL 33132 596169745 501(c)(3) 10000 See Part IV National College Access Network 1001 Connecticut Ave Ste 300 Washington DC 20036 311793562 501(c)(3) 24875 See Part IV National Council of La Raza 1126 16th St NW Washington DC 20036 860212873 501(c)(3) 23000 See Part IV NORC 1155 E 60th St Chicago IL 60637 362167808 501(c)(3) 99917 See Part IV PV Schools Education Foundation PO Box 22252 Phoenix AZ 85028 860778743 501(c)(3) 10000 See Part IV Read Better Be Better 1517 E Palm Lane Phoenix AZ 85014 474003520 501(c)(3) 9320 See Part IV Regional Community Partners 302 N 1st Ave Phoenix AZ 85003 860998822 501(c)(3) 65000 See Part IV Sandra Day O'Connor Institute 111 E Taylor St Phoenix AZ 85004 263521510 501(c)(3) 15200 See Part IV Stand for Children - Arizona 649 N 4th Ave Ste A Phoenix AZ 85003 521957214 501(c)(3) 10000 See Part IV State of Arizona 1700 W Washington St Phoenix AZ 85007 GOVT 40000 See Part IV StriveTogether One W Fourth St Cincinnati OH 45202 813380647 501(c)(3) 9000 See Part IV Take Stock in Children 8600 NW 36th St Ste 500 Miami FL 33306 593331584 501(c)(3) 70000 See Part IV Tampa General Hospital Foundation PO Box 1289 Tampa FL 33601 237354477 501(c)(3) 10000 See Part IV Teach for America - Phoenix 3030 N Central Ave Ste 900 Phoenix AZ 85012 133541913 501(c)(3) 16460 See Part IV The Victoria Foundation 1122 E Buckeye Rd Ste B5 Phoenix AZ 85034 237091708 501(c)(3) 5433 See Part IV Translational Genomics Research Institute Foundati 445 N 5th St Ste 120 Phoenix AZ 85004 331092191 501(c)(3) 356000 See Part IV Trustees of Boston University One Silber Way 8th Fl Boston MA 02215 042103547 501(c)(3) 65606 See Part IV Tucson Festival of Books 1209 E University Room 104 Tucson AZ 85721 262145432 501(c)(3) 8250 See Part IV Tucson Values Teachers 3497 N Campbell Ave Ste 703 Tucson AZ 85719 264637708 501(c)(3) 160000 See Part IV United Way Miami-Dade 3250 SW 3rd Ave Miami FL 33129 590830840 501(c)(3) 10000 See Part IV United Way Suncoast 5201 W Kennedy Blvd Ste 600 Tampa FL 33609 593725701 501(c)(3) 6153 See Part IV University of Arizona Foundation 1111 N Cherry Ave Tucson AZ 85719 866050388 501(c)(3) 25000 See Part IV University of Central Florida Foundation 12424 Research Pkwy Orlando FL 32826 596211832 501(c)(3) 650000 See Part IV University of Florida Div of Sponsored PrograM 219 Grinter Hall Gainesville FL 32611 school 300000 See Part IV University of Florida Foundation 1938 W University Ave Gainesville FL 32603 590974739 501(c)(3) 3100000 See Part IV University of South Florida Foundation 4202 E Fowler Ave ALN 190 Tampa FL 33620 590879015 501(c)(3) 85930 See Part IV Valencia College Foundation Park Place at MetroWest Orlando FL 32835 237442785 501(c)(3) 6402920 See Part IV Valley of the Sun United Way 3200 E Camelback Rd Phoenix AZ 85018 860104419 501(c)(3) 410053 See Part IV WEDU-TV 1300 North Blvd Tampa FL 33607 590840626 501(c)(3) 55000 See Part IV WestEd 730 Harrison St San Francisco CA 94107 943233542 Public Entity 118431 See Part IV WMFE Community Communications 11510 E Colonial Dr Orlando FL 32817 596155012 501(c)(3) 36000 See Part IV XICO Inc 1008 E Buckeye Rd Ste 220 Phoenix AZ 85034 204225234 501(c)(3) 6200 See Part IV Yuma Union High School District #70 3150 South Ave A Yuma AZ 85364 860825233 school 800000 See Part IV 68 0 SCHEDULE I, PART I, LINE 2 SEE SCHEDULE O SCHEDULE I, PART II, COLUMN (H) SEE SCHEDULE O X X true true X X X false false false false false false false true false BARBARA RYAN THOMPSON EXECUTIVE VICE PRESIDENT & COO 277308 0 35147 0 18620 0 26500 0 23724 0 381299 0 0 0 MICHAEL CHESIN SR VICE PRESIDENT & CFO 227308 0 20000 0 15216 0 26500 0 54551 0 343575 0 0 0 IAN SMITH SR VICE PRESIDENT & CCO 177308 0 1015 0 882 0 17921 0 20296 0 217422 0 0 0 LINDA THOMPSON SVP PROG ADM & ORG LEARNING 202307 0 6015 0 9166 0 21890 0 37762 0 277140 0 0 0 CHARLES HOKANSON SVP-FL COMMUNITY ENGAGEMENT 202308 0 1014 0 1603 0 20430 0 20419 0 245774 0 0 0 KAREN ORTIZ VP & PROGRAM DIRECTOR 161153 0 1014 0 11174 0 17404 0 15641 0 206386 0 0 0 BRAULIO COLON VP & PROGRAM DIRECTOR 161155 0 1014 0 -2030 0 16304 0 41977 0 218420 0 0 0 PAUL PERRAULT VP & Director of Research 150000 0 6015 0 -3256 0 15716 0 41920 0 210395 0 0 0 VINCE YANEZ SVP-AZ COMMUNITY ENGAGEMENT 89385 0 1083 0 -320 0 9065 0 8758 0 107971 0 0 0 PAUL LUNA PRESIDENT & CEO 377307 0 35000 0 43798 0 26500 0 54077 0 536682 0 0 0 VINCENT ROIG CHAIRMAN 201154 0 25000 0 6619 0 0 0 39431 0 272204 0 0 0 SCHEDULE J, PART I, LINE 1 BOARD MEMBERS AND CORPORATE OFFICERS MAY TRAVEL 'FIRST CLASS' FOR FOUNDATION-RELATED BUSINESS IF THE TRAVEL TIME EXCEEDS THREE HOURS. ON OCCASION, FOUNDATION STAFF TRAVELING WITH A BOARD MEMBER ON FLIGHTS EXCEEDING THREE HOURS MAY BE UPGRADED TO 'FIRST CLASS'. COMPANION TRAVEL IS PROVIDED IN LIMITED CIRCUMSTANCES AND IS REPORTED AS TAXABLE INCOME TO THE INDIVIDUAL. SCHEDULE J, PART I, LINE 7 DISCRETIONARY BONUSES WERE AUTHORIZED BY THE BOARD FOR CERTAIN INDIVIDUALS BASED ON PERFORMANCE. FORM 990, PART III, LINE 4A HELIOS EDUCATION FOUNDATION'S PURPOSE IS TO CREATE OPPORTUNITIES FOR INDIVIDUALS IN ARIZONA AND FLORIDA TO SUCCEED IN POSTSECONDARY EDUCATION BY SUPPORTING EDUCATIONAL ORGANIZATIONS LOCATED IN ARIZONA AND FLORIDA. THE FOUNDATION INVESTS ITS KNOWLEDGE, EXPERTISE AND RESOURCES ACROSS THE EDUCATIONAL CONTINUUM TO ADVANCE STUDENT ACADEMIC PREPAREDNESS AND TO FOSTER COLLEGE-GOING CULTURES. ULTIMATELY, THE GOAL IS TO ENSURE THAT EVERY STUDENT GRADUATES FROM HIGH SCHOOL READY FOR COLLEGE AND CAREER AND GOES ON TO COMPLETE A HIGH-QUALITY POSTSECONDARY CERTIFICATE OR DEGREE. THE FOUNDATION'S COMMITMENT TO EDUCATION IS LONG-TERM AND ITS FINANCIAL SUPPORT IS FOCUSED ON BUILDING SUSTAINABLE PROGRAMS AT EDUCATIONAL ORGANIZATIONS, WHILE IMPACTING THE EDUCATIONAL SUCCESS OF STUDENTS. DURING FY17, HELIOS EDUCATION FOUNDATION PROVIDED $24.5 MILLION IN GRANTS TO EDUCATIONAL ORGANIZATIONS LOCATED IN ARIZONA AND FLORIDA. THIS FUNDING PROVIDED SUPPORT TO SCHOOLS AND UNIVERSITIES, AND A VARIETY OF OTHER EDUCATIONAL ORGANIZATIONS FOR THE PURPOSE OF IMPROVING THE CONDITIONS OF AND ACCESS TO EDUCATION. HELIOS VIEWS COLLABORATION AND PARTNERSHIP AS CRITICAL TO CULTIVATING INNOVATIVE IDEAS AND DEVELOPING SOLUTIONS TO THE COMPLEX CHALLENGES FACING EDUCATION. THROUGH COLLABORATION, STRATEGIC PARTNERSHIPS, AND INVESTMENTS, HELIOS FOCUSES ON EARLY GRADE SUCCESS, COLLEGE AND CAREER READINESS AND POSTSECONDARY COMPLETION. PRIORITIES IN ACHIEVING OUR LONG-TERM GOAL: 1) EARLY GRADE SUCCESS - HELIOS IS PARTNERING TO ENSURE CHILDREN IN ARIZONA AND FLORIDA, AGES BIRTH TO EIGHT, ENTER KINDERGARTEN PREPARED TO SUCCEED AND ARE READING AT GRADE LEVEL BY THE END OF THIRD GRADE. 2) COLLEGE AND CAREER READINESS - HELIOS STRIVES FOR ALL ARIZONA AND FLORIDA HIGH SCHOOL GRADUATES TO BE PREPARED TO ENTER THE WORKFORCE OR CREDIT-BEARING COLLEGE COURSES. 3) POSTSECONDARY COMPLETION - HELIOS FOCUSES ON HELPING MORE TRADITIONALLY UNDERSERVED STUDENTS IN ARIZONA AND FLORIDA ACCESS, PURSUE AND ATTAIN A HIGH-QUALITY POSTSECONDARY CERTIFICATE OR DEGREE. FORM 990, PART VI, LINE 2 JANE ROIG AND VINCENT ROIG HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, LINE 11B THE FOUNDATION'S SENIOR STAFF AND BOARD OF DIRECTORS (ALL VOTING MEMBERS OF THE GOVERNING BODY) REVIEW AND APPROVE THE FORM 990 PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. THERE ARE SEVERAL REVIEW AND DUE DILIGENCE STEPS THAT OCCUR PRIOR TO THE BOARD RECEIVING THE COMPLETED FORM 990 FOR ITS CONSIDERATION. THE FOUNDATION'S FORM 990 IS PREPARED, REVIEWED AND APPROVED IN THE FOLLOWING MANNER: 1) THE FOUNDATION'S FORM 990 IS PREPARED BY A CERTIFIED PUBLIC ACCOUNTING FIRM IN CONJUNCTION WITH THE FOUNDATION'S CHIEF FINANCIAL OFFICER AFTER COMPLETION OF THE ANNUAL AUDITED FINANCIAL STATEMENTS. THE FORM 990 IS THEN SHARED WITH INDEPENDENT TAX COUNSEL FOR REVIEW AND COMMENT. 2) UPON COMPLETION OF THE REVIEW BY INDEPENDENT TAX COUNSEL, THE CHIEF FINANCIAL OFFICER REVIEWS THE FORM 990 AND RELATED SCHEDULES WITH SENIOR STAFF. 3) FOLLOWING THE REVIEW AND CONCURRENCE BY SENIOR STAFF, THE FORM 990 IS REVIEWED WITH THE FOUNDATION'S AUDIT COMMITTEE. THE AUDIT COMMITTEE IS A REGULAR STANDING COMMITTEE OF THE BOARD OF DIRECTORS, AND IT IS CHARGED WITH REVIEWING THE FORM 990. A FULL COPY OF THE FORM 990 AND RELATED SCHEDULES IS PROVIDED TO ALL MEMBERS OF THE AUDIT COMMITTEE AS WELL AS ALL MEMBERS OF THE BOARD OF DIRECTORS (ALL VOTING MEMBERS OF THE GOVERNING BODY) IN ADVANCE OF THE REVIEW MEETING IN ORDER TO GIVE THE AUDIT COMMITTEE MEMBERS AND BOARD MEMBERS AMPLE TIME FOR REVIEW. ONCE THE AUDIT COMMITTEE IS SATISFIED WITH THE FORM 990, IT APPROVES THE FORM 990 AND RECOMMENDS IT TO THE FULL BOARD OF DIRECTORS FOR APPROVAL AND FILING. 4) FOLLOWING APPROVAL AND RECOMMENDATION BY THE AUDIT COMMITTEE, THE BOARD OF DIRECTORS TAKES ACTION ON THE FORM 990. THE CHAIR OF THE AUDIT COMMITTEE PROVIDES THE BOARD OF DIRECTORS WITH AN OVERVIEW OF THE FORM 990 REVIEW CONDUCTED BY THE AUDIT COMMITTEE AND RECOMMENDS APPROVAL BY THE BOARD OF DIRECTORS. IF REQUIRED, THE BOARD OF DIRECTORS MAY FURTHER REVIEW THE FORM 990 AND ENGAGE IN ADDITIONAL DISCUSSIONS. ONCE THE BOARD OF DIRECTORS IS SATISFIED WITH THE FORM 990, IT VOTES ON APPROVAL AND ACCEPTANCE. ONCE APPROVED, SENIOR STAFF IS DIRECTED TO FILE THE FORM 990 WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, LINE 12C THE FOUNDATION HAS CREATED A COMPREHENSIVE CONFLICT OF INTEREST POLICY FOR THE ENTIRE ORGANIZATION. THE CONFLICT OF INTEREST POLICY IS MONITORED AND ENFORCED AT TWO DISTINCT LEVELS OR TIERS WITHIN THE FOUNDATION. THESE TIERS ARE: - BOARD MEMBERS AND OFFICERS - INTERESTED PERSONS - FOUNDATION STAFF - NON-INTERESTED PERSONS THE PRIMARY DISTINGUISHING FACTOR BETWEEN THE TIERS IS WHETHER THE PERSON IS CONSIDERED AN "INTERESTED PERSON." AN INTERESTED PERSON IS DEFINED AS ANY INDIVIDUAL, RELATED PARTY, OR ENTITY IN A POSITION TO EXERCISE CONTROL OR INFLUENCE OVER THE FOUNDATION, INCLUDING, WITHOUT LIMITATION, DIRECTORS, OFFICERS AND MEMBERS OF A COMMITTEE WITH BOARD DELEGATED POWERS, WHO HAVE A DIRECT OR INDIRECT FINANCIAL OR BENEFICIAL INTEREST IN A TRANSACTION WITH THE FOUNDATION. BOARD MEMBERS AND OFFICERS - INTERESTED PERSON: EVERY EMPLOYEE, OFFICER AND BOARD MEMBER RECEIVES A COPY OF THE FOUNDATION'S CONFLICT OF INTEREST POLICY. THE POLICY IS AVAILABLE AND INCORPORATED INTO THE FOUNDATION'S EMPLOYEE HANDBOOK. THE POLICY IS REVIEWED AND SHARED WITH ALL EMPLOYEES (INCLUDING OFFICERS) EVERY JANUARY. ADDITIONALLY, THE BOARD OF DIRECTORS DISCUSS AND REVIEW THE POLICY ANNUALLY. - MONITORING. THE FOUNDATION, IN CONJUNCTION WITH ITS TAX ADVISOR, HAS DEVELOPED AND CUSTOMIZED A COMPREHENSIVE CONFLICT OF INTEREST AND RELATED PARTY TRANSACTION QUESTIONNAIRE. THIS QUESTIONNAIRE ADDRESSES AND ALIGNS WITH THE KEY GOVERNANCE AND POLICY QUESTIONS ASKED IN THE FORM 990. THE QUESTIONNAIRE IS REVIEWED AND UPDATED ANNUALLY. ALL FOUNDATION OFFICERS AND BOARD MEMBERS ARE REQUIRED TO ANSWER THE QUESTIONNAIRE ON AN ANNUAL CYCLE COMMENCING IN JANUARY. ADDITIONALLY, EACH OFFICER AND BOARD MEMBER UPON COMPLETION SIGNS AN ACKNOWLEDGEMENT OF DUTIES, CONFLICT OF INTEREST POLICY AND CONFIDENTIALITY STATEMENT. KEY ELEMENTS OF OUR CONFLICT OF INTEREST POLICY AND BEST PRACTICES OF THE FOUNDATION INCLUDE THE FOLLOWING PROTOCOLS: - DUTY TO DISCLOSE. AN INTERESTED PERSON MUST DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST TO THE BOARD AND/OR MEMBER OF PERTINENT COMMITTEES OF THE BOARD THAT ARE CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. - DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS. A DETERMINATION OF WHETHER THE CONFLICT EXISTS IS MADE BY THE BOARD OR RELEVANT COMMITTEE OF THE BOARD. - PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST: * IN THE CASE OF AN ACTUAL CONFLICT OF INTEREST, AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE OF THE BOARD CONCERNING THE TRANSACTION, BUT MAY NOT PARTICIPATE IN ANY DELIBERATION OR VOTE OR FUTURE MEETINGS DURING THE DISCUSSION OF, DELIBERATIONS ABOUT, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. * IF APPROPRIATE, A DISINTERESTED PERSON OR COMMITTEE MAY BE APPOINTED TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION. IF A MORE ADVANTAGEOUS TRANSACTION IS NOT NECESSARILY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE MAY DETERMINE WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE FOUNDATION'S BEST INTEREST. * THE INTERESTED PERSON SHALL NOT INFLUENCE OR ATTEMPT TO INFLUENCE THE DECISIONS OF THE BOARD OR COMMITTEE CONSIDERING THE TRANSACTION. - VIOLATIONS OF THE CONFLICT OF INTEREST POLICY. IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE THAT AN INTERESTED PERSON HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE INTERESTED PERSON OF THE BASIS FOR SUCH BELIEF AND AFFORD THE INTERESTED PERSON AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF THE BOARD OR COMMITTEE DETERMINES THAT THE INTERESTED PERSON HAS IN FACT FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FOUNDATION STAFF - NON-INTERESTED PERSON: ON AN ANNUAL BASIS AND AS PART OF NEW HIRE ORIENTATION ALL FOUNDATION STAFF (INCLUDING OFFICERS) ARE MADE AWARE OF AND BRIEFED ON THE FOUNDATION'S CONFLICT OF INTEREST POLICY. THE POLICY IS INCLUDED IN THE EMPLOYEE HANDBOOK. EVERY JANUARY, ALL EMPLOYEES SIGN A STATEMENT ACKNOWLEDGING THAT THEY HAVE READ, UNDERSTAND AND AGREE TO COMPLY WITH THE FOUNDATION'S CONFLICT OF INTEREST POLICY. - MONITORING. EVERY JANUARY EACH EMPLOYEE (INCLUDING OFFICERS) PREPARES AND SIGNS AN ANNUAL CONFIDENTIALITY AND CONFLICT OF INTEREST DISCLOSURE STATEMENT. THE STATEMENT ADDRESSES THE EMPLOYEE'S DUTY TO DISCLOSE ANY POTENTIAL OR ACTUAL DUALITY OF INTEREST OR CONFLICT OF INTEREST. ALL EMPLOYEES ARE REQUIRED TO MAKE PROMPT AND FULL DISCLOSURE IN WRITING TO THEIR MANAGER OF ANY POTENTIAL SITUATION WHICH MAY INVOLVE A CONFLICT OF INTEREST. - PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST. EMPLOYEES WITH A CONFLICT OF INTEREST QUESTION SHOULD SEEK ADVICE FROM MANAGEMENT. PRIOR TO ENGAGING IN ANY ACTIVITY, TRANSACTION, OR RELATIONSHIP THAT MAY GIVE RISE TO A CONFLICT OF INTEREST, EMPLOYEES MUST SEEK REVIEW FROM THEIR MANAGERS OR THE HUMAN RESOURCE DEPARTMENT. THE PRESIDENT AND CHIEF EXECUTIVE OFFICER WILL MAKE THE FINAL DETERMINATION IF THE MATTER REMAINS UNRESOLVED. ANY VIOLATION OF THIS POLICY WILL SUBJECT THE EMPLOYEE OF THE FOUNDATION TO DISCIPLINARY ACTION UP TO AND INCLUDING TERMINATION. FORM 990, PART VI, LINES 15A & 15B COMPENSATION FOR THE FOLLOWING POSITIONS IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS ANNUALLY. CHAIRMAN OF THE BOARD TREASURER SECRETARY PRESIDENT AND CHIEF EXECUTIVE OFFICER EXECUTIVE VICE PRESIDENT AND CHIEF OPERATING OFFICER SENIOR VICE PRESIDENT AND CHIEF FINANCIAL OFFICER THERE IS NO ADDITIONAL COMPENSATION PAID TO BOARD MEMBERS WHO ALSO SERVE AS CORPORATE OFFICERS. THE MOST RECENT FORMAL COMPENSATION STUDY WAS CONDUCTED BY AN INDEPENDENT OUTSIDE CONSULTING FIRM IN 2017. - THE PROCESS FOR DETERMINING SENIOR STAFF COMPENSATION COMMENCES WITH AN ANNUAL PERFORMANCE REVIEW FOR EACH POSITION. - SALARY RANGES FOR EACH POSITION ARE DETERMINED BY THE FOUNDATION'S PARTICIPATION AND REVIEW OF MULTIPLE SALARY SURVEYS FOR COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED INDIVIDUALS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED LIKE-KIND ORGANIZATIONS. THE FOUNDATION HAS ALSO ENGAGED AN INDEPENDENT COMPENSATION CONSULTANT TO STUDY AND ASSIST IN DETERMINING APPROPRIATE COMPENSATION RANGES FOR ALL STAFF POSITIONS. - THE BOARD REVIEWS PERFORMANCE, THE SALARY SURVEYS, AND ANY OTHER COMPARABILITY DATA. ANY RECOMMENDED ADJUSTMENT IS DISCUSSED AND APPROVED BY THE BOARD OF DIRECTORS. - CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DISCUSSION AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT ARE REFLECTED IN THE BOARD MINUTES. FORM 990, PART VI, LINE 19 THE FOLLOWING FOUNDATION DOCUMENTS ARE NOT REQUIRED TO BE MADE AVAILABLE TO THE GENERAL PUBLIC. - GOVERNING DOCUMENTS - FINANCIAL STATEMENTS - CONFLICT OF INTEREST POLICY CERTAIN DOCUMENTS AND FINANCIAL INFORMATION MAY BE FOUND THROUGH OTHER SOURCES SUCH AS THE ARIZONA CORPORATION COMMISSION OR GUIDESTAR. SCHEDULE I, PART I, LINE 2 PRIOR TO AWARDING AND PAYING A GRANT, THE FOLLOWING DOCUMENTS ARE COLLECTED AS PART OF THE DUE DILIGENCE AND OVERSIGHT PROCEDURES: - MOST RECENT AUDITED FINANCIAL STATEMENTS, IF APPLICABLE - MOST RECENT MANAGEMENT LETTER (OR A STATEMENT FROM THE AUDITOR ATTESTING THAT NO MANAGEMENT LETTER WAS ISSUED) - MOST RECENT IRS FORM 990, MATCHING AUDITED FINANCIAL STATEMENTS - CURRENT BOARD OF DIRECTORS ROSTER INCLUDING NAMES, AFFILIATIONS, LENGTHS OF SERVICE AND POSITIONS HELD - STAFF PROFILES AND/OR RESUMES OF THOSE WHO WILL BE DIRECTLY INVOLVED IN THE IMPLEMENTATION OF THE PROJECT - A BRIEF DESCRIPTION OF ANY PENDING LEGAL ACTION TO WHICH THE ORGANIZATION IS A PARTY OR A LETTER VALIDATING THAT THERE IS NO CURRENT LITIGATION IN WHICH THE ORGANIZATION IS INVOLVED. - STATEMENT VERIFYING THAT THE ORGANIZATION IS IN FULL COMPLIANCE WITH THE OFFICE OF FOREIGN ASSETS CONTROL (OFAC) COMPLIANCE POLICY, FEDERAL EQUAL EMPLOYMENT OPPORTUNITY POLICY, AND IN COMPLIANCE WITH LOCAL, STATE AND FEDERAL ANTI-DISCRIMINATION POLICIES. - 501(C)(3) DETERMINATION LETTER - ARTICLES OF INCORPORATION - ORGANIZATIONAL BY-LAWS IN ADDITION, APPLICANTS MAY SUBMIT THE FOLLOWING ATTACHMENTS IF THEY FEEL IT STRENGTHENS THE PROPOSAL AND/OR CLARIFIES THE INFORMATION: - LOGIC MODEL - STRATEGIC PLAN - BUSINESS PLAN - MEMORANDUMS OF UNDERSTANDING (MOUS) - INTERGOVERNMENTAL AGREEMENTS (IGAS) - LETTERS OF SUPPORT - ANNUAL REPORT- RECENT, RELEVANT PUBLICATIONS - PROPOSAL BUDGET WORKSHEET (PROVIDED TO HELIOS EDUCATION FOUNDATION FOR MULTI-YEAR GRANTS) FINANCIAL DOCUMENTS ARE ANALYZED FOR RISK AND APPROPRIATENESS BY THE SR VICE PRESIDENT OF PROGRAM ADMINISTRATION AND ORGANIZATIONAL LEARNING. DATA OUTSIDE OF THE NORM IS REFERRED TO THE FOUNDATION'S CHIEF FINANCIAL OFFICER; LIKEWISE, LEGAL DOCUMENTS ARE REVIEWED BY THE SR VICE PRESIDENT OF PROGRAM ADMINISTRATION AND ORGANIZATIONAL LEARNING AND REFERRED TO THE CHIEF OPERATING OFFICER FOR REVIEW AND FINAL DISPOSITION. ONCE A GRANT HAS BEEN AWARDED, A CUSTOMIZED CONTRACT IS DEVELOPED AND EXECUTED. CONTRACTS GENERALLY CONTAIN CUSTOMIZED DELIVERABLES INCLUDING INTERIM REPORTING, SITE VISITS, AND FINAL REPORT. DELIVERABLES ARE ENTERED INTO A TRACKING DATABASE AND MONITORED FOR COMPLIANCE. COMMUNITY ENGAGEMENT STAFF, IN COLLABORATION WITH PROGRAM ADMINISTRATION STAFF, MONITORS GRANT COMPLIANCE AND PROACTIVELY ADDRESSES ANY GRANT EXCEPTIONS. SCHEDULE I, PART II, COLUMN (H) AS DESCRIBED IN PART III OF THE FORM 990, HELIOS EDUCATION FOUNDATION FOCUSES ITS COMMUNITY INVESTMENTS ACROSS THREE PRIORITY AREAS: 1) EARLY GRADE SUCCESS; 2) COLLEGE AND CAREER READINESS; AND 3) POSTSECONDARY COMPLETION. EARLY GRADE SUCCESS - PREPARING CHILDREN AGES 0-8 TO ENTER KINDERGARTEN READY TO SUCCEED AND READ AT GRADE LEVEL BY THE END OF THIRD GRADE THROUGH: - FOSTERING COLLABORATIVE AND SUSTAINABLE EARLY CHILDHOOD EDUCATION SYSTEMS - IMPROVING ACCESS AND QUALITY OF EARLY CHILDHOOD PROFESSIONAL DEVELOPMENT - BRIDGING EARLY CHILDHOOD AND K-3 EDUCATION COLLEGE AND CAREER READINESS - ENSURING ARIZONA AND FLORIDA HIGH SCHOOL GRADUATES ARE PREPARED TO ENTER THE WORKFORCE OR CREDIT-BEARING COLLEGE COURSES WITHOUT REMEDIATION BY: - IMPROVING ACADEMIC RIGOR AND RELEVANCE - EMBEDDING A COLLEGE-GOING CULTURE BY FOSTERING HIGH EXPECTATIONS AND ENGAGING COMMUNITIES POSTSECONDARY COMPLETION - HELPING TRADITIONALLY UNDERSERVED STUDENTS IN ARIZONA AND FLORIDA ACCESS, PERSIST AND ATTAIN A HIGH-QUALITY POSTSECONDARY CERTIFICATE OR DEGREE BY: - STRUCTURING SUPPORTS TO FACILITATE SUCCESSFUL TRANSITION TO CREDIT BEARING COURSES - CONSTRUCTING SCHOLARSHIPS TO SUPPORT PERSISTENCE AND COMPLETION - FOCUSING SUPPORTS AND GUIDANCE ON CERTIFICATE AND DEGREE PATHWAYS INNOVATIVE - PROGRAMS ALIGNED TO THE VALUES, VISION AND MISSION OF THE FOUNDATION THAT FALL OUTSIDE OF OUR OTHER PRIORITY AREAS. OLYMPUS PROPERTIES I LLC 2415 E CAMELBACK RD PHOENIX AZ 85016 942850977 REAL ESTATE AZ 0 9455264 HELIOS OLYMPUS PROPERTIES II LLC 2415 E CAMELBACK RD SUITE 500 PHOENIX AZ 85016 942850977 REAL ESTATE AZ 368384 3206405 HELIOS