1. GOT Kids Foundation Organizational Information Review
A Report to the Board of Education
July 5, 2011
Prepared by Facilities and Planning

2. GOT Kids Organizational Info Review
GOT Kids Status Update
Giving Opportunities To Kids (GOT Kids) registered and approved by State as Foundation name
Implementation timeline developed and first steps underway
July 5, 2011
GOT Kids Organizational Info Review

3. GOT Kids Action Item Overview
Create a Name – DONE
Draft Articles of Incorporation – UNDER REVIEW
Draft Bylaws – UNDER REVIEW
Appoint Directors*
Apply for Employer Identification Number*
Apply for Federal Tax Exemption with the IRS*
Apply for California Franchise Tax Exemption*
Register as Charity*
Obtain other necessary local permits*
Obtain non-profit mailing permit*
* Pending approval of Articles and Bylaws
July 5, 2011
GOT Kids Organizational Info Review

4. Issues In Need of Direction
Number of Foundation Directors
Number of Board Members to sit as Foundation Directors
July 5, 2011
GOT Kids Organizational Info Review

5. Foundation Director Options
Number of Foundation Directors
Seven or Eleven
Number of LUSD Board Members to sit as Foundation Directors
Quorum of LUSD Board members in either Director scenario (4 - 6 LUSD Board Members)
Quorum only of District representatives - including Superintendent/Designee - in either scenario (3 - 5 LUSD Board Members)
July 5, 2011
GOT Kids Organizational Info Review

6. GOT Kids Organizational Info Review
Next Steps
Through consensus, give staff direction on Director membership options
Approve Articles and Bylaws at August 2nd regular meeting
Once Articles/Bylaws approved, staff will move forward with next steps in action process
July 5, 2011
GOT Kids Organizational Info Review