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851 Traeger Avenue, Suite 208, San Bruno, CA 94066 ph: 650.588.1418 fx: 650.588.1423 www.sef.org <br /> June 10, 2024 <br />Rafael Avendaño <br />Redwood City Together <br />400 Duane St, Room 125 <br />Redwood City, CA 94062 <br />Dear Rafael, <br />Shinnyo-en Foundation (the “Foundation”) is pleased to inform you that its Board of Directors <br />has approved a grant to Redwood City Together (the “Grantee”) for sixty-three thousand dollars <br />($63,000.00) for one year. The goals (Exhibit A) and budget (Exhibit B) are attached. In order <br />to assure compliance with applicable provisions of the Internal Revenue Code, we must obtain <br />the Grantee’s written agreement to each of the following terms and conditions of this grant: <br />(1)All of the grant funds are to be used for, and only for, the purpose of supporting the <br />2024-2025 Shinnyo Community Impact Fellow. Use of any portion of the grant <br />funds, including any interest earned thereon, for any other purpose must have the <br />prior written approval of the Foundation. <br />(2)The grant funds must be used only in accordance with the budget submitted as part of <br />your grant request, a copy of which is attached to this letter as Exhibit B. Any <br />changes in the budget or any modifications to other grant conditions must be <br />authorized by prior written approval of the Foundation. <br />(3)Narrative report(s) and corresponding financial statement(s) must be furnished on the <br />date(s) indicated herein on the progress made in accomplishing the purpose of the <br />grant. Financial statements must describe the expenditures of the grant funds in <br />accordance with the submitted budget. The final report and financial statement must <br />REV: 07-18-24 LF <br />ATTY/AGR.2024.112/Shinnyo-en Foundation (Shinnyo-en Fellow) (Page 1 of 6)