Folds of Honor Foundation

“National has the right to approve the following for the north texas chapter: use of any mark or word to identify the organization; securing any physical location from which to operate the chapter, whether by renting, leasing, purchasing, or otherwise; the sourcing of items or services (vendors); content of the organization's website; any contract involving amounts in excess of $10,000. Further, should any actions or inactions of the board or any director or officer of the north texas chapter cause the north texas chapter to fail to meet national's standards and qualifications, or should such action or inaction (whether or not in conjunction with the activities of the north texas chapter) result or potentially result in any of the marks falling into disrepute or impairment of national's or chapter's reputation or goodwill, national has the right to require that the north texas chapter replace the board or any director or officer with a person or persons who meet national's standards and qualifications as soon as practicable and in any event, within ten business days.”

“The organization has various board committees; however, their purpose is to review options and make recommendations to the full board. The board then votes on the recommendations. The committees do not have the authority to act on behalf of the governing body.”

“The board receives a copy of the tax return prior to the return being submitted to the irs and reviews for completeness.”

“Per the chapter agreement, each officer/director of the chapter shall sign a document stating that he or she has read the conflicts policy and agrees to abide by such policy in all respects during his or her tenure as an officer/director.”

“The organization provides to interested parties the financial statements, irs form 990, and other documents subject to disclosure upon request.”