The Onestar Foundation

“The articles of incorporation were amended to reflect the following additions to the organization's purpose: -promote the nonprofit sector and innovative public-private partnerships to drive community solutions; -connecting faith-based and community organizations, businesses, government, and foundations to resources and information about the nonprofit sector; -convening statewide nonprofit networks developing a coordinated approach to building the strongest, most impactful nonprofit sector; -to establish, promote, and operate the rebuild texas fund, which exists to raise and distribute funds for disaster relief, recovery, and rebuilding efforts; -to engage in other charitable projects, including disaster relief efforts, as requested by the office of the governor of texas from time to time; -to collect and disburse all necessary funds for the maintenance of said corporation and the accomplishment of its purposes within the state of texas and elsewhere; -to make distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the internal revenue code; -to promote, encourage, and foster any other similar charitable, educational, religious, and scientific activities; to accept, hold, invest, reinvest, and administer any gifts, legacies, bequests, devises, funds, and property of any sort or nature and to use, expend, or donate the income or principal thereof for, and to devote same to, the foregoing purposes of the corporation; and to do any and all lawful acts and things which may be necessary, useful, suitable, or proper for the furtherance of accomplishment of the purposes of this corporation; -to exercise all rights and powers conferred by the laws of the state of texas upon nonprofit corporations and internal revenue code section 501(c)(3), including without limiting the generality of the foregoing, to acquire by donation, contribution, bequest, devise, gift, purchase, lease or otherwise any property of any sort or nature without limitation as to its amount or value; to accept, hold, invest, reinvest, manage, use, apply, employ, sell, expend, disburse, lease mortgage, convey, option, donate or otherwise dispose of such property and the income, principal, and proceeds of such property for any of the purposes set forth herein; and without the necessity of authorization or approval of any individual or entity whosoever save and except as provided in the restated certificate of formation with new amendments and the bylaws of the corporation.”

“Board members are appointed by the governor of texas.”

“A draft of the return is reviewed by the audit committee with the preparing cpa. A final draft of the return is sent to the entire board prior to filing.”

“The organization relies on self-disclosure for monitoring the conflict of interest policy.”

“Onestar foundaton uses a compensation matrix which has a guideline for setting salaries. The matrix has an allowable minimum and maximum salary for each position. The president approves the amount of salary paid to each individual and the board approves the president's salary. No board members are compensated.”

“The organization's governing documents, conflict of interest policy and financial statements are all available upon request.”

“The allocation of average hours for the president and controller between the foundation and the related organization (onestar national service commission) represents the time the president and controller spent on each entity's matters. The commission has no employees of its own, thus the total amount of officer salary is reported on form 990, part ix, line 5.”

“Rebuild texas fund awards grants to organizations working to support the economic recovery of texas communities devastated by hurricane harvey.”

“Onestar foundation received a grant from the corporation for national and community service (cncs) to establish and operate an intermediary project under the americorps vista program, pursuant to the federal domestic volunteer service act. Under this intermediary project, onestar foundation processed payroll and issued w2s for eighty-five (85) americorps vista members serving terms of service in 2017. The vista members are considered federal employees for the limited purpose set forth by cncs and are not employees of onestar. In order to maintain separation between the vista members and onestar foundation's employees, onestar established a second ein (47-4835946) for the intermediary project, as recommended by cncs.”