1. All work done for and with the Foundation are deemed pro bono publico. No officer of the Foundation expects, seeks or solicits compensation for their time and services rendered.
  2. Bylaws of the Foundation are created by the President/Chairman of the Foundation and approved by one other officer of the Foundation - either another director or the Executive Secretary.
  3. Formal meetings of the officers of the Foundation do not require the physical presence of the officers at any particular location or venue. Communication through Conference Calls and/or electronic communications (e- mails and such) are deemed adequate.
  4. The above #3 is specifically intended to minimize the expenses of the Foundation for activities other than the Charitable actions of the Foundation in supporting Education in the Sciences.
  5. The underlining aim and goal of the Foundation as expressed in the motto: non sibi, sed omnibus, is to gather resources in order to support the charitable activities. That shall be the dominant determining factor in all its actions.
  6. There shall be no pre-set number of meetings of officers per annum. Periodicity of such meetings shall be determined by the President/Chairman of the Board and the Executive secretary -as needed by the opportunities to determine future Awards to be given by the Foundation.
  7. Replacement of retiring Directors with new Members can be determined by the President/Chairman of the Board and the Executive Secretary - as and when appropriate and necessary.
  8. Retiring members of the Board of Directors shall be honoured for their services - by the Foundation in an appropriate manner to be determined by the President/Chairman of the Board.
  9. Any other Commendations by the Foundation shall be determined by the President/Chairman of the Board.
  10. All final actions on behalf of the Foundation shall be approved and signed by the President/Chairman of the Board and the Executive Secretary.
  11. If disagreements arise between the President/Chairman of the Board and Executive Secretary, the decision by the President/Chairman of the Board shall be the FINAL action to go forward with any decision.
  12. The number of directors required for a quorum will be set at THREE. The THREE will consist of the President, the Executive Secretary, and ONE Advisory Director.
  13. The signatures required for the execution of legal documents will be at the discretion of the President/Chairman of the Foundation. In addition to the President/Chairman, legal documents may be executed by the Executive Secretary, or any director designated by the President/Chairman.
  14. Establishment and formation of committees (if needed) will be decided at the discretion of the President/Chairman.
  15. The fiscal year for the Foundation will be based on the calendar year.
  16. The Bylaws may be amended with the approval of two officers. One officer must be the President/Chairman and the other officer will be designated by the President/Chairman.