OEB FOUNDATION BYLAWS
Our Commitment: The OEB Foundation is committed to transparency and ethical governance. These bylaws establish the framework for our operations, ensuring we serve our community with integrity and accountability.
Article I: Name
The name of this organization shall be  Ocewana Elizabeth Baker (OEB) foundation
Article II: Purpose
The corporation is organized exclusively for charitable, religious, educational, and scientific purposes under section 501(c)(3) of the Internal Revenue Code.
Article III: Membership
The corporation shall have no members. The management of the affairs of the corporation shall be vested in a Board of Directors.
Article IV: Board of Directors
The Board of Directors shall consist of at least three but no more than nine directors. Directors shall serve terms of three years and may be re-elected.
Article V: Officers
The officers of the corporation shall be a President, a Secretary, and a Treasurer, and such other officers as the Board may determine.
Article VI: Meetings
The Board of Directors shall meet at least quarterly. Special meetings may be called by the President or any two directors.
Article VII: Committees
The Board may create committees as needed to carry out the work of the corporation.
Article VIII: Fiscal Year
The fiscal year of the corporation shall begin on January 1 and end on December 31 each year.
Article IX: Amendments
These bylaws may be amended at any meeting of the Board of Directors by a two-thirds vote of the directors present.
Article X: Dissolution
Upon dissolution of the corporation, assets shall be distributed for one or more exempt purposes within the meaning of section 501(c)(3) of the Internal Revenue Code.
Article XI: Indemnification
The corporation shall indemnify its directors and officers to the fullest extent permitted by law.
Article XII: Conflict of Interest
The Board shall adopt a conflict of interest policy to protect the corporation's interest when it is contemplating entering into a transaction or arrangement that might benefit the private interest of an officer or director.
Article XIII: Financial Accountability
The corporation shall maintain accurate financial records and shall make them available for public inspection upon request, provided that such inspection does not compromise the privacy of individual donors.
Official Bylaws Document
The official bylaws records are maintained by the Secretary of the Board. You may view or download the most recent ratified copy below once it has been uploaded to our records system.