H L Snyder Medical Foundation

How it makes and monitors grants (Schedule I, Part IV)

Updates on the research performed by the organizations awarded research grants are reported back to the h.l. snyder medical foundation annually. the research committee, comprised of trustees reviews the report, and make reccomendations to the full board. with each research grant there is an agreement indicating parameters of what the research grant funds may be used for. scholarships for students are paid directly to the educational institutions for tuition. students do not receive the funds directly. with scholarships there is a minimum grade average required of 3.0, and the student must be attending an accredited college, and be a junior in college working toward a degree in the medical area of study. grants awarded for students require that the student must be at least a full time student. the contribution to the founation december 21,2024 of 86,667 shares crititech, inc, 86,667 units crititech coatings llc, 86, 667 units for crititech drug development services llc, 86,667 crititech oncology llc, and 86,667 crititech pharmaceutical llc by the donee did not obtain a qualified appraisal. the donoee cost in the shares of critiech inc is 25,250.00 and the four llc have zero cost basis at date of transfer. owners of crititech inc have equivalent ownership the four llc units.