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        <Explanation>ALL SCHOLARSHIPS HAVE ESTABLISHED CRITERIA WITH MINIMUM ELIGIBILITY REQUIREMENTS. FINANCIAL AID OFFICES AT THE SEVEN COLLEGES CONFIRM ELIGIBILITY REQUIREMENTS ARE MET. DCCCD FOUNDATION STAFF ALSO REVIEW SCHOLARSHIP APPLICANTS' ELIGIBILITY AND CONFIRM FINANCIAL AID OFFICE REVIEW. PAYMENT FOR GRANT EXPENDITURES ARE PROCESSED ONLY AFTER REVIEW AND APPROVAL OF THE GRANT MANAGER, COLLEGE PRESIDENT, IF REQUIRED BY THE GRANT CRITERIA, AND THE DCCCD FOUNDATION DIRECTOR OF FINANCE AND BUSINESS OPERATIONS.</Explanation>
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        <Explanation>PART III, COLUMN (B): AN INDETERMINABLE NUMBER OF FACULTY AND STAFF RECEIVED DIRECT AND INDIRECT SUPPORT FROM GRANT ACTIVITIES DURING AN ACADEMIC YEAR.</Explanation>
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        <Explanation>THE IRS FORM 990 IS REVIEWED BY THE DIRECTOR OF FINANCE AND BUSINESS OPERATIONS. THE PRESIDENT OF THE DCCCD FOUNDATION INDICATES HER APPROVAL OF FORM 990 BY SIGNING ON PART II OF THE FORM. THE BOARD AUDIT COMMITTEE CHAIR WILL REVIEW THE FORM PRIOR TO ITS SUBMISSION TO THE IRS. THE FORM 990 WILL BE MADE AVAILABLE TO EACH VOTING MEMBER OF THE FOUNDATION'S BOARD OF DIRECTORS VIA THE FOUNDATION'S WEBSITE.</Explanation>
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      <GeneralExplanation>
        <Identifier>ENFORCEMENT OF CONFLICTS POLICY</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 12C</ReturnReference>
        <Explanation>ON AN ANNUAL BASIS, ALL BOARD MEMBERS MUST SIGN A CONFLICT OF INTEREST STATEMENT DISCLOSING ANY POTENTIAL CONFLICT OF INTEREST.</Explanation>
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      <GeneralExplanation>
        <Identifier>GOVERNING DOCUMENTS DISCLOSURE EXPLANATION</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 19</ReturnReference>
        <Explanation>POSTED ON FOUNDATION'S WEBSITE, WWW.FOUNDATION.DCCCD.EDU</Explanation>
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      <GeneralExplanation>
        <Identifier>OTHER CHANGES IN NET ASSETS EXPLANATION</Identifier>
        <ReturnReference>FORM 990, PART XI, LINE 5</ReturnReference>
        <Explanation>UNREALIZED GAIN ON INVESTMENTS.</Explanation>
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</Return>