Legal Entity and Status — The Bolton-Strid Foundation Inc.
- Entity Type: Nonprofit Corporation
- Jurisdiction of Incorporation: Montana
- Federal EIN: 33-3876031
- Montana Classification: Registered Not-for-Profit Organization (State-Approved)
- IRS Tax-Exempt Status: Pending / Planned Filing(Note: The Foundation is currently registered and approved as a Montana nonprofit corporation. Formal application for federal tax-exempt status [e.g., Section 501(c)(3)] with the Internal Revenue Service will be submitted following the completion of additional corporate capital raising.)
- Mailing Address: 1001 S. Main St., Suite 700, Kalispell, MT 59901
Full Integrated Disclosures Page
The Bolton-Strid Foundation Inc. (“Foundation”) and The Bolton-Strid Corporation (“Corp”) are committed to transparency, accountability, and compliance with applicable laws and regulations. This Corporate Disclosures page provides information regarding governance, operational structure, unit issuance, and financial accountability across both entities. Our objective is to ensure that stakeholders, regulators, and the public have confidence in the integrity of our work.
Governance and Leadership
The Foundation operates under the oversight of a Board of Directors in accordance with its bylaws and nonprofit incorporation documents. The Foundation is the controlling, majority shareholder of Corp; Corp does not hold a vote or influence over Foundation governance or mission-critical functions, including unit issuance and Layer 1 allocation.
- Founding Entity: The Bolton-Strid Foundation, Inc.
- Governance Structure: Nonprofit board with fiduciary oversight, holding a controlling ownership interest in Corp.
- Executive Leadership: Jesse Alexander Galinski, MD, DHA — Founder, Chief Executive Officer, and Chairman of the Board (Foundation). Additional officers and board members to be disclosed in annual reports.
All governance decisions are made in alignment with the Foundation’s mission to advance healthcare innovation, quality, value, and transparency for the benefit of the public.
Legal Entity and Status — The Bolton-Strid Foundation Inc.
- Entity Type: Nonprofit Corporation
- Jurisdiction of Incorporation: Montana
- Federal EIN: 33-3876031
- Montana Classification: Registered Not-for-Profit Organization (State-Approved)
- IRS Tax-Exempt Status: Pending / Planned Filing(Note: The Foundation is currently registered and approved as a Montana nonprofit corporation. Formal application for federal tax-exempt status [e.g., Section 501(c)(3)] with the Internal Revenue Service will be submitted following the completion of additional corporate capital raising.)
- Mailing Address: 1001 S. Main St., Suite 700, Kalispell, MT 59901
Legal Entity and Status — The Bolton-Strid Corporation
- Entity Type: For-profit corporation, majority-owned by The Bolton-Strid Foundation Inc.
- Jurisdiction of Incorporation: Montana
- Federal EIN: 41-3784824
- Capital Structure: 100,000,000 authorized shares of common stock
- Securities Offering Status: Actively conducting a Regulation D, Rule 506(c) exempt securities offering; see the 506(c) Offering page for the Confidential Private Placement Memorandum and Subscription Agreement.
- Subsidiaries: Corp holds IP ownership interests in SinoAtrix Medical and Adenylis, each pursuing its own independent Regulation D offering once incorporated. See the applicable subsidiary offering pages for further detail.
- Mailing Address: 1001 South Main St., Suite 700. Kalispell, MT 59901
Network and Unit Issuance
The Bolton-Strid Hyperledger Fabric Network (“Network”) is a permissioned, closed-loop settlement network. Unit records are maintained on the Network’s permissioned distributed ledger, accessible to accredited participants and governance bodies in accordance with the Network’s channel and endorsement architecture. Key disclosures include:
- Unit Name: NMD™
- Asset Classification: Non-Participatory Externally Valued Asset States (NEXAS™)
- Current Network Infrastructure: Hyperledger Fabric (permissioned distributed ledger), migrated from the original public Ethereum deployment described below
- Supply Basis: U.S. patient-care physician cohort; units are minted or burned annually based on verified net change in the licensed, patient-care physician workforce
- Valuation Basis: Externally validated U.S. patient-care physician economic output, recalibrated annually through an independently commissioned IMPLAN economic study
- Original (Legacy) Token Launch Value: $3,166,901.00 USD per token — the 2015 per-capita economic output of the U.S. patient-care physician cohort, the most recent AMA/IQVIA IMPLAN dataset available at original launch
- Legacy Token Type: ERC-20 (Ethereum-based), UUPS upgradeable contract — original deployment prior to Network migration
- Legacy Token Contract Address: 0x9D106215616d7282A1f65Ea615517DDf9AD9a3Ed
- Legacy Initial Minting Records: Documented on-chain at the contract address above
- Rollover to Network: Legacy Ethereum-based token holdings convert to the Network’s native NMD™ unit upon rollover, at ratio and timing terms fixed and disclosed at the time of any related compensation grant; see Network Overview, Section 12 (Network Development Financing)
- Transfers of Authority: See Governance and Leadership, above
Financial Accountability — The Bolton-Strid Foundation Inc.
The Foundation maintains compliance with state nonprofit accounting standards and applicable U.S. tax laws.
- Annual Filings: State filings as required; IRS Form 990 / 990-N filings following formal tax-exempt classification.
- Audits: Subject to independent review as required by law and best practice.
- Revenue Sources: Primarily from internally generated assets, not public solicitation.
- Use of Funds: Allocated exclusively toward philanthropic healthcare funding and operational objectives, including free, needs-based unit allocations to qualifying Layer 1 healthcare participants.
Financial Accountability — The Bolton-Strid Corporation
Corp maintains compliance with applicable corporate and securities law as a for-profit affiliate.
- Regulatory Filings: Form D filed with the SEC in connection with its Rule 506(c) offering; applicable state securities (“blue sky”) filings as required by jurisdiction.
- Financial Reporting to Investors: [To be provided — confirm audit/review requirements applicable to the offering]
- Revenue Sources: Network access and membership fees, data licensing, integration and professional services, and — where applicable — royalty or licensing revenue from its subsidiaries, in addition to proceeds of its Regulation D offering. See Network Overview, Section 11.
- Use of Funds: Allocated toward Network infrastructure buildout and operation, and toward Corp’s commercial and subsidiary development activities.
- Related-Party Transactions: All transactions between the Foundation and Corp, and between Corp and its subsidiaries, are conducted at arm’s length and at fair market value, and are documented as such.
Foundation and Corp. Filings
Archiving in process.