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��a44H'��4C�W <br />f give grow transform <br />May 19, 2020 <br />Mr. David Cattivera <br />Redwood City 2020 <br />400 Duane St, Room 125 <br />Redwood City, CA 94062 <br />Dear David, <br />Shinnyo-en Foundation (the "Foundation") is pleased to inform you that its Board of Directors has <br />approved a grant to Redwood City 2020 (the "Grantee") for fifty-one thousand dollars ($51,000.00) <br />for one year. The goals (Exhibit A) and budget (Exhibit B) are attached. In order to assure <br />compliance with applicable provisions of the Internal Revenue Code, we must obtain the Grantee's <br />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 />SPIN/Shinnyo Fellow. Use of any portion of the grant funds, including any interest <br />earned thereon, for any other purpose must have the prior written approval of the <br />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 changes <br />in the budget or any modifications to other grant conditions must be authorized by <br />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 />8vfraeger venue, Suite 208, San Bruno, CA 94066 <br />g ph: 650.588.1418 fx: 650.588.1423 www.sef.org <br />ATTY/AGR.2020.087/Shinnvo-en Foundation (Pane 1 of 6) <br />