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FINANCIALS

Since inception, the Foundation has received more than $70 million in restitution funds from City of San Bruno.  The Foundation's investment accounts are with Fidelity Investments and are managed by Sand Hill Global Advisors.  The Foundation also has operating checking and savings accounts with Wells Fargo Bank.

 

Under the Foundation's Bylaws, the Foundation retains an independent auditor and conducts annual independent audits.  In addition, in compliance with federal and state nonprofit tax law, the Foundation annually files informational tax returns, including the federal Form 990.

 

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