A. The Foundation shall keep complete books and records of account.
B. The Foundation shall keep minutes of the proceedings of the Board and committees having any of the authority of the Board. The Foundation shall make a good faith effort to keep records of any and all activities of the Foundation including copies of any educational materials and historical documents used in educational efforts.
C. All Foundation books and records may be inspected by any Board member, or his or her agent for any proper purpose at any reasonable time upon reasonable notice.
D. The books and records of accounts will be subject to an annual audit by appointed members of the Board and by an independent auditing agency. An independent audit will be performed immediately after the evacuation from office of the Treasurer whenever that may occur.