Indiana Biosciences Research Institute Inc

“The board of directors delegates broad authority to an executive committee to act on the organization's behalf. The committee is established by the board to exercise the powers of the board in related to matters that arise between regularly scheduled board meetings and/or when it is not practical or feasible for the board to meet. The committee is comprised of two (2) or more directors of the corporation.”

“Supported organizations have the right to appoint directors as specified in indiana bioscienecs research institute's amended and restated bylaws.”

“Ibri's form 990 was prepared by the finance department and reviewed by an independent accounting firm and by the ibri's legal counsel. Subsequently, a substantially complete form 990 and supplemental schedules were presented to the full board of directors for review and comment prior to filing with the internal revenue service.”

“It is the policy of IBRI and its Board of Directors that the Corporation's directors, officers, and employees carry out their respective duties in a fashion that avoids actual, potential, or perceived conflicts of interest. IBRI's directors, officers, and employees shall have the continuing, affirmative duty to report any personal ownership, interest, or other relationship that might affect their ability to exercise impartial, ethical, and business-based judgments in fulfilling their responsibilities to the organization. Each year directors, officers, and employees acknowledge and agree that they have a duty to avoid business, financial or other interests or relationships that conflict with the interests of the Institute or that divide their loyalty to the Institute. Any activity that appears to present a conflict must be disclosed to the Institute and must be avoided or terminated unless the Institute in its sole discretion determines the activity is not harmful to the Institute or otherwise improper. The Board of Directors shall be responsible for oversight of all disclosures or failures to disclose and for taking appropriate action in the case of any actual or potential conflict of interest transaction.”

“The board of directors determines compensation for the ceo using comparability data and compensation surveys. A compensation committee of the board of directors contemporaneously documents the deliberation and decision of this process. This process occurs annually and last occurred in august 2024.”

“A compensation committee of the board of directors determines compensation for the coo and cfo using comparability data and compensation surveys. The board contemporaneously documents the deliberation and decision of this process. This process occurs annually and last occurred in august 2024.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available upon written request.”

“Compensation reported in Part VII and Schedule J for Board Members who are employees of Indiana University, Purdue University, Central Indiana Corporate Partnership Inc, and University of Notre Dame, Du Lac is compensation annually reported and disclosed as required under state statute. In addition, some of these individuals participate in retirement and benefit plans provided by the supported organizations.”

“Change in fair value of interest rate swap - -105084; Total - -105084;”

“Compensation reported in Part VII and Schedule J for Board Members who are employees of Indiana University, Purdue University, Central Indiana Corporate Partnership Inc, and University of Notre Dame, Du Lac is compensation annually reported and disclosed as required under state statute. In addition, some of these individuals participate in retirement and benefit plans provided by the supported organizations.”