Bionexus Foundation Inc.

“Bionexus foundation ("bionexus") is a corporation established under the district of columbia non-profit corporation act. It has one corporate member, atcc global, which is tax exempt under 501(c)(3) and is a type ii supporting organization under 509(a)(3). Atcc global has the right to elect bionexus' board of directors and to vote in any corporate proceeding which is submitted to a vote of the corporate membership. Bionexus' board of directors has the authority to manage the business and do all such lawful acts and things as are not prohibited by statute or by the articles of incorporation or bionexus' bylaws. Any modifications to the articles of incorporation or bylaws require the approval of atcc global.”

“The form 990 is prepared by pricewaterhousecoopers llp ("pwc"), based on the information provided by the organization's staff. The board of directors has delegated the review of the form 990 to the finance and audit committee. Prior to filing with the irs, the form 990 is mailed to the finance and audit committee. Once the form 990 is reviewed by the committee and is made available to the board, pwc signs as preparer and the chief financial officer signs on behalf of the organization.”

“Bionexus has a conflict of interest policy that requires officers and directors to disclose annually, interests that could give rise to conflicts. This policy is consistently monitored and enforced. Board members who have a conflict of interest do not vote on any matter related to the issue for which they have a potential conflict.”

“The organization does not make its governing documents, conflict of interest policy or financial statements available to the public.”

“Prior to 2013, bionexus was directly funding global biological standards institute ("gbsi"), a program dedicated to advancing life science standards through policy initiatives, thought leadership, and education. In 2013, gbsi was restructured into a separate legal entity which is disregarded for federal income tax purposes, as reflected on schedule r.”

“Website: $244,510 research and development: $271,000 media strategy: $10,000 corporate structure and setup: $39,128 other professional fees: $58,708 --------- total $623,346”