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        <ExplanationTxt>THE SOCIETY AND THE FOUNDATION ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. THE ORGANIZATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX OBLIGATIONS AS OF JUNE 30, 2025.</ExplanationTxt>
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        <ExplanationTxt>THE CONFLICT OF INTEREST POLICY IS REVIEWED AND APPROVED BY THE BOARD ANNUALLY. ANNUALLY, EACH BOARD MEMBER ACKNOWLEDGES COMPLIANCE WITH POLICY BY SIGNING THE POLICY.</ExplanationTxt>
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