Eastern Star Charitable Foundation

“The bylaws were amended regarding the composition and the method of electing the members of the board of directors. All directors are elected by the board of directors to serve a term of four years. If the director dies, resigns, or is removed during their term, the board of directors shall appoint a director to complete the director's term. Directors shall continue to serve until their replacement is elected/appointed. No director may hold any director position or elected office in the grand chapter of texas, order of the eastern star while serving on the board of directors of the corporation. All directors shall be members in good standing of the grand chapter of texas, order of the eastern star while serving on the board of directors of the corporation. If a director, while serving on the board of directors of the corporation, is elected to hold any director position of office in the grand chapter of texas, order of the eastern star or ceases to be a member , in good standing, of the grand chapter of texas, order of the eastern star, such director shall cease to serve as a member of the board of directors of the corporation and shall be replaced in the same manner provided above.”

“An outside accounting firm prepares the form 990. The form is reviewd by the chairman, treasurer and assistant treasurer. Once approved, the form is prepared for signature and efiling with the irs.”

“The conflict of interest policy applies to any person in a position to exercise subtantial influence over the affairs of the corporation including, but not limited to, the board of directors, officers, or any member of a committee with powers delegated by the board of directors (hereafter referred to as a subject person). In connection with any actual or possible transaction or arrangement involving the corporation in which a subject person becomes or may become an interested person, that subject person must disclose the existence of the financial interest or external loyalty and be given the opportunity to disclose all material facts to the directors and members of the committees with powers delegated by the governing board considering the proposed transaction or arrangement. After disclosure of the financial interest or external loyalty and all material facts and any discussion, the interested person shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. If the governing board or committee determines that a conflict of interest exists the following procedures shall be followed: (a)an interested person may make a presentation at the governing board or committee meeting, but after the presentation, he or she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. (b)the chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. (c)after exercising due diligence, the governing board or committee shall determine whether the corporation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. (d)if a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the corporation's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement. If the governing board or committee has reasonable cause to believe a subject person has failed to disclose a financial interest or external loyalty or an actual or possible conflict of interest, it shall inform the subject person of the basis for such belief and afford the subject person an opportunity to explain the alleged failure to disclose. If, after hearing the subject person's response and after making further investigation as warranted by the circumstances, the governing board or committee determines the subject person has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.”

“The organization's governing documents, conflict of interest policy, and financial statements are not made available to the public.”

“The eastern star charitable foundation will accomplish its vision by creating strategic partnerships with organizations and entities to: support the aging population; support organizations that raise, train and place service dogs; support organizations that provide goods and services to individuals with disabilities and special needs; food insecurity; medication support; economic mobility; economic stability; and education advancement.”

“In the prior years through the 22/23 fiscal year, the eastern star charitable foundation was committed to providing lodging,meals,health, and other care to its qualifying members for life through the provision of retirement facilities. This program has ended with the end of the 22/23 fiscal year and the responsibility for this program has been passed on to the grand chapter of the order of the eastern star.”

“The eastern star charitable foundation will accomplish its vision by creating strategic partnerships with organizations and entities to: support the aging population; support organizations that raise, train and place service dogs; support organizations that provide goods and services to individuals with disabilities and special needs; food insecurity; medication support; economic mobility; economic stability; and education advancement. As a part of this mission, the eastern star charitable foundation was committed to providing lodging, meals,health, and other care an aging population through the provision of retirement facilities. For the 2022/2023 fiscal year, the foundation provided this care through an arrangement with the texas masonic retirement center supporting one of its residents.”

“Net asset adjustment 18,777”