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      <FactsAndCircumstancesTestTxt>THE MISSION OF THE ORGANIZATIONS REMAINS THE SAME: TO ADVANCE THE STUDY, PRESERVATION, SCIENTIFIC, AND MEDICAL APPLICATION OF MOLLUSKS AND SHELLS AND TO PROVIDE AN EDUCATIONAL OPPORTUNITY FOR DISCUSSION AND DIRECT OBSERVATION IN THE FIELD OF MALACOLOGY. THE EDUCATIONAL OPPORTUNITIES TO SCHOOLCHILDREN HAVE CONTINUED TO SCHOOL CHILDREN IN THE UNITED STATES AND EUROPE. WE HAVE CONTINUED TO SPONSOR ARTICLES, SCIENTIFIC ARTICLES, AND BOOKS. AS EXAMPLES, FIVE BOOKS HAVE BEEN PUBLISHED UNDER THE AUSPICES OF THE MSF. THE MOST RECENT ONE, PUBLISHED AT THE END OF 2023 IS LIVING TEREBRIDA BY LORENZ AND TERRYN. WE CONTINUE TO BE A REPOSITORY FOR MANY EXTINCT AND ENDANGERED SPECIES/SPECIMENS AS WELL AS A MULTITUDE OF RARE FOSSILS, AS PART OF THE PRESERVATION PURPOSE OF THE FOUNDATION. IN 2022, WE CONTINUE TO RECEIVE LARGE DONATIONS AND NOW THE MSF HAS AN INVENTORY VALUED AT OVER 20 MILLION. WITH THIS INVENTORY, THE FOUNDATION WILL TRY TO SOLICIT A MONETARY DONATION SOLICITATION PROGRAM SO THAT THE FOUNDATION WILL ACHIEVE A PUBLIC SUPPORT PERCENTAGE OF GREATER THAN 33.33%.</FactsAndCircumstancesTestTxt>
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        <ExplanationTxt>MICHAEL MONT JUDITH GALE PRESIDENT VICE PRES PARENT/DAUGHTER</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>AN ELECTRONIC COPY OF THE 990 IS MADE AVAILABLE TO ALL BOARD MEMBERS FOR REVIEW</ExplanationTxt>
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        <ExplanationTxt>THE BYLAWS OF THE ORGANIZATION REQUIRE THAT ALL POTENTIAL CONFLICTS BE DISCLOSED: DUTY TO DISCLOSE IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT</ExplanationTxt>
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        <ExplanationTxt>THE BOARD OF DIRECTORS DECIDE THE SALARY AND BENEFITS OF THE VICE PRESIDENT, THE ONLY PAID EMPLOYEE OF THE AGENCY. THE BOARD, WHICH INCLUDES INDEPENDENT MEMBERS,HAVE ASSESSED FAIR AND EQUITABLE COMPENSATION BASED ON COMPENSATION OF MANAGERS OF AGENCIES OF SIMILAR SIZE, FIELD AND LOCATION TO THE MOLLUSCAN SCIENCE FOUNDATION</ExplanationTxt>
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