Financial record is available to public viewing and they will be audited
by Internal Revenue Service as a requirement to qualify the continuing
non profit status. (501c3 organization)
Pursuant to bylaw Article VI, section 6.06: "Board of Directors serves
without compensation. Directors shall be reimbursed for reasonable expenses
incurred in carrying out their duties on behalf of the corporation subject
to approval by the Board of directors."
Donations received adds to the seed money of the foundation. Board of
Directors will determine the amount of scholarship funding each year.