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        <ExplanationTxt>One endowment is expended at the discretion of the Foundation Board. The remaining endowment consist of various donor-restricted funds which are used to support the programs and operations of the organization.</ExplanationTxt>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>Grants are awarded based on the needs of the school. Scholarships are awarded based on the recommendation of the Los Angeles High School For The Arts faculty in each department based on merit and financial need.</ExplanationTxt>
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      <SupplementalInformationDetail>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>Governing documents, financial statements and conflict of interest policy are available upon written request.</ExplanationTxt>
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</Return>