Freedom Research Foundation

“Freedom research foundation shall have one class of members to be known as voting members.”

“Voting members shall have a right to vote on matters affecting the freedom research foundation including, but not limited to, the election of directors and voting members.”

“The organization does not have any committees with authority to act on behalf of the governing body.”

“The president of the board & ceo, treasurer of the board, and an outside accountant review the draft 990 prior to the submission of the completed form 990 with the treasurer's signature to all members of the governing body.”

“The president of the board & ceo and chairman of the board review and discuss expenditures prior to submitting for payment. Expenditures are then discussed with the other board members and during these discussions each member reviews potential conflicts of interests. The outside accounting firm assists with reviewing invoices and the approval process, they track expenditures and review for compliance. Any officer, director, employee, or voting member of the corporation who has a direct or indirect financial interest in a transaction or arrangement which might benefit the private interest of such officer, director, employee, or voting member of the corporation ("interested person") shall disclose the existence of such financial interest and all material facts related thereto to the board considering the proposed transaction or arrangement. Following disclosure of the financial interest and all material facts related thereto to the board, and any discussion with the interested person, the interested person shall leave the board meeting while the board of directors discuss and vote on whether a conflict of interest exists. If the directors determine that a conflict of interest exists, they shall follow procedures addressing such conflict of interest pursuant to written conflict of interest and compensation guidelines adopted to avoid "excess benefit transactions" subject to intermediate sanctions and excise taxes under section 4958 of the internal revenue code of 1986, as amended, and the regulations thereunder.”

“The independent membership of the board of directors annually conducts performance reviews of the president of the board & ceo and consultants. The president of the board & ceo's compensation is reviewed and compared to public information about compensation in positions at similar organizations. The board approves compensation for the president of the board & ceo with an official vote with discussion and results recorded in meeting minutes.”

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

“The organization ceased conducting the ukrainian engagement team (uet) - - conducted early engagements with ukrainian unit leaders in support of future program development. - met with u.s. Stakeholders to determine logistical accountability deficiencies. - coordinated with u.s. Based application developer for application development addressing identified deficiencies. - at the end of this program results were published and handed to the private and public sector stake holders as education tools to make them aware of the necessity of developing private sector solutions. For freedom research foundation purposes, the program accomplished everything it was designed to do.”