Innovation Development Institute Inc.

“The following changes were made to the bylaws during the current tax year: - the range of the number of directors on the board of directors was changed from twenty to twenty-five to nineteen to twenty-four. - directors are to serve on the board of directors for three-year terms and cannot serve more than three consecutive terms. - the chief executive officer of the corporation shall serve as an ex officio director of the corporation, with voting rights, for such time as he or she is appointed to serve as the chief executive officer of the corporation. - any action by unanimous consent can be signed by an electronic signature. - the chairman may not nominate board observers. - an additional director was added to the executive committee. - the board may dissolve any board committee whenever, in its judgement, the best interests of the corporation would be served thereby. - committee support groups were eliminated. - the corporation may indemnify any person who was or is a party, or is threatened to be made a party to any threatened, pending, or completed action or suit by or in the right of the corporation to procure a judgment in its favor by reason of the fact that such person is or was a director, officer, employee, or agent of the corporation or is or was serving at the request of the corporation as a director, trustee, officer, employee, or agent of an other enterprise, against expenses (including attorneys' fees) actually and reasonably incurred by such person in connection with the defense or settlement of such action or suit, if such person acted in good faith and in a manner he or she reasonably believed to be in, or not opposed to, the best interests of the corporation. Notwithstanding the foregoing, no indemnification shall be made in respect of any claim, issue, or matter as to which such person shall have been adjudged to be liable for negligence or misconduct in the performance of his or her duty to the corporation, unless, and only to the extent that the court in which such action or suit was brought shall determine upon application that, despite the adjudication of liability, but in view of all the circumstances of the case, such person is fairly and reasonably entitled to indemnity for such expenses as the court shall deem proper. To the extent that a present or former director, officer, or employee of the corporation has been successful, on the merits or otherwise, in the defense of any action, suit, or proceeding referred to in section 7.1 or section 7.2 of these bylaws, or in defense of any claim, issue or matter therein, such person shall be indemnified against expenses (including attorneys' fees) actually and reasonably incurred by such person in connection therewith, if that person acted in good faith and in a manner he or she reasonably believed to be in, or not opposed to, the best interests of the corporation.”

“After the form 990 is prepared, it is reviewed by the ceo, then reviewed by the board-appointed finance committee, and finally shared with the board of directors.”

“The board-appointed governance and nominating committee (g&n committee) manages policy compliance. The g&n committee shares the policy and requests annual certification and disclosure to existing members of the board of directors. The committee then reviews and addresses any potential conflicts. When new members of the board are voted in during the year, they complete the disclosure upon joining the board of directors.”

“The ceo's salary is determined by the board of directors. The ceo is also a board member and does not take part when the determination of compensation is on the agenda. The board members evaluate periodically, but no less than once per year, the performance of the ceo. Compensation for other key employees is determined by the ceo.”

“The board of directors reviews and approves the staffing budget each year for the entire organization.”

“The documents are available upon request.”