Watershed Row Fund

“Alexander Froom and Maluhia are married and both serve as members whom are able to elect and/or remove any Directors. The organization delegated control of certain management functions to a management company, White Oak Resources, LLC. White Oak Resources, LLC is owned by the descendants of Alexanders grandparents. Two of the officers are employed by White Oak Resources, LLC.”

“The organization delegated control of certain management functions to a management company, White Oak Resources, LLC, primarily with respect to finance, administration, and tax.”

“There is one class of members. The board is a separate governing body elected by the members.”

“The members of the Corporation have the right and duty to: fix the authorized number of Directors; elect the Directors of the Corporation upon any vacancies on the Board of Directors; appoint the Board Chair, who serves at the pleasure of the members, from among the Directors they elect; and remove any or all the Directors with or without cause.”

“The members have the right to: set the mission and policy statement of the Corporation; approve any changes to the Corporations Certificate of Incorporation or these Bylaws; approve dissolution of the Corporation and the related distribution of assets, material sales of asset, mergers, consolidations, conversions, or domestications; and approve any other fundamental transactions of the Corporation.”

“White Oak Resources, LLC employees prepare the return. Outside counsel reviews the return. The Treasurer reviews the return and then a copy of hte Form990 is made available to the full governing body before filing with the internal revenue service.”

“Annual questionnaires document each Director and Officers compliance and disclosures.”

“The fund makes the organizational and governing documents available upon request.”