Protostar Foundation

“Protostar foundation has one member, protostar charitable holdings, llc. The member may amend the bylaws to provide for the appointment of additional members.”

“The initial board of directors was named by the member. Directors may be elected by the member or by a vote of the majority of the entire board or by action in writing signed by all of the directors, subject to approval of the election by the member. If any vacancy shall occur in the board of directors for any cause, including an increase in the number of directors, the vacancy may be filled by the member or by a vote of the majority of the entire board or in action by writing signed by all of the directors, subject to approval of the election by the member. Any director may be removed at any time, with or without cause and with or without notice, by the member or by a vote of a majority of the entire board or in action by writing signed by all of the other directors, subject to approval of the removal by the member.”

“The form 990 information was compiled from the organization's accounting records. The completed form 990 was reviewed by the organization's president. Upon satisfactory completion of the review process, a draft of the form 990 was circulated to the organization's governing body for review. The form 990 was then filed with the internal revenue service.”

“The organization has established a process for all board members and officers to fully disclose potential conflicts of interest. The organization reserves the right to revise the conflict of interest policy at any time. Any disciplinary actions against any covered person for violating the policy shall be conducted in a fair and orderly manner in accordance with the organization's internal policies and procedures.”

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