ARTICLES AND BYLAWS

1. The name of the Foundation is: International Mass Spectrometry Foundation.
2. The Foundation’s registered office is situated at Apeldoorn, the Netherlands.
3. The Foundation has been established for an indefinite time.

The objects of the Foundation are to organise in diverse countries conferences and workshops in the field of mass spectrometry, as well as to improve education in the field of mass spectrometry, to standardise terminology and to further publications in the field of mass spectrometry, and to do all things that are, directly or indirectly, generally incidental to, or conducive to the attainment of these objects.

The Foundation’s capital shall be formed by:

• subsidies and donations;
• gifts, testamentary dispositions and legacies;
• all other acquisitions and profits.

1. The Foundation’s Executive Committee shall consist of at least seven members, whose first members are appointed by this deed. The number of members shall be determined by the Executive Committee, with due observance of the provisions stated in the previous sentence.
2. The Executive Committee (with the exception of the first executive committee, whose members are appointed to a particular function) shall select from among its members, a President, a Secretary and a Treasurer. The functions of Secretary and Treasurer may also be held by one and the same person.
3. Each member of the Executive Committee shall step down after a maximum of two years following their appointment, in accordance with a schedule for retirement by rotation drawn up by the Executive Committee. The retiring Executive Committee member is eligible for reappointment. The person appointed to fill a temporary vacancy shall take over his/her predecessor’s position until the scheduled retirement by rotation.
4. In the event that one or more vacancies arise on the Executive Committee, the remaining Executive Committee member or members shall provide for the appointment of one or more successors within two months after the vacancy or vacancies arose. If the meeting of affiliates has drawn up one or more proposals for the appointment of a Executive Committee member, as referred to in article 10, subsection 4, the Executive Committee shall strive to appoint the person proposed as a Executive Committee member.
5. Any person who has been dismissed from office as an Executive Committee member of the Foundation by a court of law five years or less prior to the proposed appointment shall not be eligible as a member of the Executive Committee.
6. In the event of one or more Executive Committee members being absent or unavailable, the remaining Executive Committee member or members shall nevertheless constitute a legal Executive Committee, with due observance of article 7.
7. The Executive Committee is authorised to suspend or remove a member of the Executive Committee from office.
8. The members of the Executive Committee shall not receive a remuneration for their activities. They shall have a right to an allowance for expenses made in the performance of their functions.
9. Each Executive Committee member shall be liable towards the Foundation for the reasonable execution of the tasks assigned to him or her. If two or more Executive Committee members are responsible for a specific territory, each one of them is fully liable with respect to any shortcoming, unless such shortcoming is not attributable to this member and the member has not been negligent in taking measures to avert its consequences.

1. The Executive Committee shall decide where the Executive Committee meetings are to be held.
2. Annually at least one meeting shall be held and the Executive Committee shall decide on its form.
3. In addition, meetings shall be held each time the President deems this desirable, or if one of the Executive Committee members submits a written request for this purpose to the President, stating exactly the items to be dealt with. If the President does not grant such a request, to the effect that the meeting can be held within three weeks after the request, the applicant making the request shall be authorised to convene a meeting, with due observance of the required formalities.
4. The meeting is called by the President, notwithstanding the provisions of subsection 3, at least fifteen days in advance, not counting the day of the notice convening a meeting and the day the meeting shall be held, by means of letters of convocation.
5. Besides the venue and time of the meeting, the convocation shall mention the business to be transacted.
6. Insofar as all Executive Committee members that are in office are present at a Executive Committee meeting, valid resolutions may be taken about all matters raised by majority decision (majority being 50% of committee plus 1), even though the regulations prescribed by the articles of association for calling and holding meetings have not been observed.
7. The meetings shall be presided by the President of the Executive Committee Foundation; if the President is absent, the meeting itself shall appoint its President.
8. Minutes of the proceedings in the meetings shall be taken by the secretary or by one of those present as requested by the President. The minutes shall be drawn up and signed by the President and Secretary of the meeting.
9. The Executive Committee may only take valid resolutions, if the majority of its members that are in office are present or represented at the meeting, see 5.6. An Executive Committee member may be represented by another Executive Committee member on submission of a written proxy that is deemed sufficient by the President of the meeting. A member of the Executive Committee may only appear as the proxy of one member of the Executive Committee. If votes are cast for a proposal to dismiss a member of the Executive Committee as referred to in article 8, the member of the Executive Committee, whose dismissal is concerned shall not be allowed to take part in the voting and this member of the Executive Committee shall not be counted for the quorum, as set out in the first full sentence of this subsection.
10. The Executive Committee may also take resolutions outside meetings, provided all members of the Executive Committee have been offered the opportunity to express their views in writing, conveyed by fax, e-mail or postal mail. The Secretary shall draw up a report of a resolution thus taken, which after having been co-signed by the President, shall be added to the minutes, together with the replies received.
11. Every member of the Executive Committee shall have the right to cast one vote. Insofar as these articles do not prescribe a larger majority, all resolutions by the Executive Committee shall be taken by a simple majority of valid votes. The President’s judgement expressed during the meeting with respect to the outcome of a vote shall be decisive. The same shall apply to the content of a resolution taken insofar a vote was cast on a motion not submitted in writing. If upon pronouncement of a judgement by the President, the correctness thereof is disputed, a new vote shall be held, if the majority of the meeting, or, in case the original vote was not by poll or by ballot, a voting member present requires so. As a result of this new vote, the legal consequences of the original vote shall be cancelled.
12. All votes at the meeting shall be oral, unless the President deems a ballot desirable, or one of the voting members requests this before the vote. Votes by ballot shall be cast via signed, closed pieces of paper.
13. Blank votes shall be deemed not to have been cast.
14. In all voting disputes that are not covered by the articles, the President shall decide.

1. The Executive Committee shall be charged with managing the Foundation.
2. The Executive Committee shall not be authorised to decide to conclude agreements for acquiring, alienating, and mortgaging register-bound goods.
3. The Executive Committee shall not be authorised to decide to conclude agreements for which the Foundation binds itself as a surety or joint and several debtor, answers for third parties or gives security for a debt of others.

1. The Foundation shall be represented by:
1. either the Executive Committee;
2. or two members of the Executive Committee acting jointly.
2. The Executive Committee may also appoint authorised representatives with general or restricted powers of attorney. Each of these shall represent the Foundation in due observance of the limitations imposed on his or her authority. Only members of a committee set up by the Executive Committee as referred to in article 9 can be appointed as authorised representatives.

1. The Executive Committee membership shall end:
   1. through the death of a member;
   2. on losing the free control over his or her ability;
   3. on written resignation;
   4. at the moment determined by the schedule of rotation in article 4, subsection 3;
   5. on dismissal on the grounds of section 298, Book 2, of the Dutch Civil Code;
   6. on dismissal by the Executive Committee.
   7. at the next IMSC unless the member is re-elected to the Executive Committee

1. The Executive Committee shall be authorised to have committees, which can be established and dissolved by the Executive Committee, carry out specific elements of its task. The Executive Committee appoints and dismisses the members of the committees.
2. The Executive Committee shall be authorised to lay down one or more regulations to settle those issues that are not covered by these articles.
3. If the Executive Committee sets up a committee, the Executive Committee shall lay down regulations specifying the tasks and authorisations of a committee, as well as the division of activities and the appointment of the committee members.
4. A regulation shall not be contrary to the law or these articles.
5. The Executive Committee shall at all times be authorised to change or cancel a regulation.

1. The Foundation has affiliates. Organisations, and legal entities that subscribe to the object of the Foundation and want to further the realisation thereof, can be affiliated.
2. The Executive Committee shall decide on the admittance of affiliates and can lay down conditions and/or the obligation to pay an annual contribution to the Foundation for such admittance. The rights and duties of the affiliates can at all times be terminated by both parties. Termination by the Foundation shall be effected by the Executive Committee.
3. The affiliates shall convene on the occasion of an international conference on mass spectrometry, at a meeting called for this purpose by the Executive Committee and at the venue to be determined by the Executive Committee. The Executive Committee determines the agenda of the meeting of affiliates.
4. The meeting of affiliates may make recommendations regarding the object of the Foundation and is also authorised to make non-binding recommendations for the appointment of members of the Executive Committee.

1. The Foundation’s fiscal year shall coincide with the calendar year.
2. Each year on the thirty-first of December the books of the Foundation shall be balanced. From these, the treasurer shall draw up a balance and a statement of assets and liabilities (hereinafter to be jointly called: annual accounts) of the concluded fiscal year. These annual accounts, insofar as the Executive Committee desires so, accompanied by a report from a chartered public accountant or from an accountant-administrative consultant, shall be offered to the Executive Committee within six months following the completion of the fiscal year.
3. The annual accounts shall be determined by the Executive Committee and kept for a minimum of ten years.

1. The Executive Committee shall be authorised to amend these articles. A resolution to amend the articles of association shall only be adopted with two-thirds of the votes cast.
2. On pain of being null and void, the amendment shall be established by a notarial deed. Each of the members of the Executive Committee shall be authorised to draw up that deed.
3. The members of the Executive Committee are bound to deposit an authentic extract of the amendment, as well as the amended articles, at the offices of the Public Register of Foundations, held by the Chamber of Commerce and Industry, within whose district the Foundation has its registered office.

In all cases not provided for by the Articles of Association or by law, the Executive Committee shall decide. In conclusion, the appearer declares, for the execution of the provisions in article 4, subsections 1 and 2, that the number of members of the Executive Committee is fixed at seven and that for the first time as members of the Foundation’s Executive Committee shall be appointed:

The appearer is known to me, notary public, and the identity of the appearer involved in this deed has been determined by me, notary public, on the basis of the document referred to above and intended for that purpose.
IN WITNESS WHEREOF, the original of this deed was executed at Apeldoorn, on the date first above written.
The substance of this deed having been stated to the appearer, s/he declared that s/he noted the contents thereof and that s/he relinquished his right to a full reading of the text.
Whereupon this deed was signed, after a summary reading, by the appearer and me, notary public.

The International Mass Spectrometry Foundation (hereinafter to be referred to as: the Foundation) is a non-profit foundation with registered address at Apeldoorn, the Netherlands, and known as “Stichting International Mass Spectrometry”, with formal Articles of Association.

1. The Foundation’s board (hereinafter to be referred to as: the Executive Committee) shall be authorized to amend the Articles of Association of the Foundation. A resolution to amend the Articles of Association shall only be adopted with two-thirds majority of the votes cast.
2. The Executive Committee shall at all times be authorized to amend the Bylaws of the Foundation.
3. The Executive Committee is authorized to renumber articles and sections of the Bylaws of the Foundation to correspond with any changes that may be made.

It is the purpose of the Foundation to advance the science and practice of mass spectrometry worldwide by the promotion and dissemination of knowledge. Therefore, the objects of the Foundation are to organize conferences and workshops in diverse countries in the field of mass spectrometry, as well as to improve education in the field of mass spectrometry, to standardise terminology and to further publications in the field of mass spectrometry, and to do all things that are, directly or indirectly, generally incidental to, or conductive to the attainment of these objects.

1. The Foundation has affiliates. Organisations and legal entities that subscribe to the object of the Foundation and want to further the realisation thereof, can be affiliated (according to Article 10). AAny national mass spectrometry society or other national society, which aims to represent mass spectrometry, may apply to join the Foundation as an affiliate.
2. Application for admittance as an affiliate of the Foundation shall be made in writing to the Secretary of the Foundation. Normally, only one Institutional Affiliate will be allowed per country. The Executive Committee shall decide on the admittance of affiliates.
3. All affiliates are to pay an annual contribution to be determined by the Executive Committee.
4. The admittance becomes effective January 1 following up receipt of the aforementioned annual contribution by the Treasurer of the Foundation and a properly executed application.
5. An organisation or entity will stop being an affiliate if dues in arrears are not paid by June 30 of the year concerned. Payment of current and outstanding dues shall suffice for reinstatement.
6. The rights and duties of the affiliates can at all times be terminated without prejudice by written notice of the affiliate concerned to the Secretary of the Foundation.
7. Together the representatives of the Institutional Affiliates and the representatives of the Corporate Partners form the Meeting of Affiliates of the Foundation.
8. Methods used by each of the Institutional Affiliates to select its representative on the Meeting of Affiliates shall be decided by its national society, foundation or group, but democratic procedures are expected to be followed.
9. The Meeting of Affiliates shall convene on the occasion of an international conference on mass spectrometry, called for this purpose by the Executive Committee and at the venue to be determined by the Executive Committee. The Executive Committee will send a notice to each member of the Meeting of Affiliates at least three months before the aforementioned meeting of the Meeting of Affiliates.
10. The Meeting of Affiliates may make recommendations regarding the object of the Foundation and is also authorized to make non-binding recommendations for the appointment of members of the Executive Committee.
11. Corporate entities with a bona-fide interest in mass spectrometry may apply to join the Foundation as Corporate Partner.
12. Any scientific entities with a bona-fide link to and/or interest in mass spectrometry may apply to join the Foundation as an Associate Society.

1. The management and the policy-making of the Foundation shall be vested in the Executive Committee consisting of twelve members. The members of the Executive Committee shall consist of a President Foundation, a Vice-President Foundation, a Vice-President Conference, a Vice-President Education, a Secretary, a Treasurer, a Past President, an Education Officer and four officers, each of whom will represent one of the four regions as referred to in Article 6 of these Bylaws these four representatives hereinafter to be referred to as  Regional Representatives.
2. The Vice-President Conference shall simultaneously be the chairperson of the next International Mass Spectrometry Conference, hereinafter to be referred to as: the IMSC. If the International Mass Spectrometry Conference has multiple chairs, then one of these should be designated for the position of Vice-President Conference.
3. The Vice-President Education shall simultaneously be the chairperson of the next International Mass Spectrometry School, hereinafter to be referred to as: the IMSS. If the International Mass Spectrometry School has multiple chairs, then one of these should be designated for the position of Vice-President Education.
4. Each member of the Executive Committee shall step down after a maximum of two years following his or her appointment, in accordance with a schedule for retirement by rotation drawn up by the Executive Committee. The retiring member of the Executive Committee is eligible for reappointment. The person appointed to fill a temporary vacancy shall take over his or her predecessor’s position until the scheduled retirement by rotation.
5. The retiring President will automatically become the Past-President of the Executive Committee until he or she will be replaced by his or her successor.
6. In the event that one or more vacancies arise on the Executive Committee, the remaining members of the Executive Committee shall provide for the appointment of one or more successors within two months after the vacancy or vacancies arose. If the Meeting of Affiliates has drawn up one or more proposals for the appointment of a member for the Executive Committee, the Executive Committee shall strive to appoint the person or persons proposed by the Meeting of Affiliates.
7. No member of the Executive Committee shall receive salaries or fees for his or her services. Members of the Executive Committee shall have a right to an allowance for expenses made in the performance of their functions.

1. The management and the policy-making of the Foundation shall be vested in the Executive Committee consisting of twelve members. The members of the Executive Committee shall consist of a President Foundation, a Vice-President Foundation, a Vice-President Conference, a Vice-President Education, a Secretary, a Treasurer, a Past President, an Education Officer and four officers, each of whom will represent one of the four regions as referred to in Article 6 of these Bylaws these four representatives hereinafter to be referred to as  Regional Representatives.
2. The Vice-President Conference shall simultaneously be the chairperson of the next International Mass Spectrometry Conference, hereinafter to be referred to as: the IMSC. If the International Mass Spectrometry Conference has multiple chairs, then one of these should be designated for the position of Vice-President Conference.
3. The Vice-President Education shall simultaneously be the chairperson of the next International Mass Spectrometry School, hereinafter to be referred to as: the IMSS. If the International Mass Spectrometry School has multiple chairs, then one of these should be designated for the position of Vice-President Education.
4. Each member of the Executive Committee shall step down after a maximum of two years following his or her appointment, in accordance with a schedule for retirement by rotation drawn up by the Executive Committee. The retiring member of the Executive Committee is eligible for reappointment. The person appointed to fill a temporary vacancy shall take over his or her predecessor’s position until the scheduled retirement by rotation.
5. The retiring President will automatically become the Past-President of the Executive Committee until he or she will be replaced by his or her successor.
6. In the event that one or more vacancies arise on the Executive Committee, the remaining members of the Executive Committee shall provide for the appointment of one or more successors within two months after the vacancy or vacancies arose. If the Meeting of Affiliates has drawn up one or more proposals for the appointment of a member for the Executive Committee, the Executive Committee shall strive to appoint the person or persons proposed by the Meeting of Affiliates.
7. No member of the Executive Committee shall receive salaries or fees for his or her services. Members of the Executive Committee shall have a right to an allowance for expenses made in the performance of their functions.

1. The selection by the Executive Committee of the four Regional Representatives is restricted to members of countries that belong to the geographical region in question. The four regions will be:
• Region A: Europe/Africa
• Region B: Asia/Oceania
• Region C: North America
• Region D: Central/South America

with the Executive Committee making any decision on borderline assignments.

2. Notwithstanding any other provisions, no more than four members of the Executive Committee shall be from any single region.

1. The Executive Committee has the power to do all things that may be incidental or conductive to the attainment of the object of the Foundation and in particular to:
1. sell, give, transfer, demise and otherwise deal with any property of the Foundation, notwithstanding the provisions set out in Article 7 paragraph 2 of these Bylaws;
2. raise and borrow money and secure the repayment of money raised or borrowed or the repayment of any debt or liability of the Foundation by any lawful means;
3. invest any moneys of the Foundation for the purpose of the Foundation upon such terms and in such manner as the Executive Committee thinks fit;
4. undertake and execute any trusts within the purpose of the Foundation and accept any gift, endowment, bequest or device made to the Foundation generally or for the purpose of any specific charitable object of the Foundation and to carry out any trust attached to such gift, endowment, bequest or device;
5. draw, make, accept, endorse, discount, execute and issue promissory notes, bills of exchange, warrants and other negotiable instruments, notwithstanding the provisions set out in article 7 paragraph 2 of these Bylaws;
6. remove or suspend any subordinate officer or servant and to determine their duties and affix their salaries;
7. determine who shall be authorized on behalf of the Foundation to sign bills, notices, receipts, acceptances, endorsements, cheques, releases, contracts and any other instrument;
8. under the Executive Committee’s responsibility delegate any of his or her powers to any standing committee, special committee or to any officer or agent of the Foundation, with such powers as the Executive Committee may deem fit and proper to grant; and
9. generally do all such lawful acts and things that are not by the Articles of Association of the Foundation or by these Bylaws directed or requested to be done by members of the Executive Committee; and
10. appoint all committees, except as may be otherwise provided.
2. The Executive Committee shall not be authorized to:

• decide to conclude agreements for acquiring, alienating and mortgaging register-bound goods;
• decide to conclude agreements for which the Foundation binds itself as a surety or joint and several debtor, answers for third parties or gives security for a debt of others.

1. The President of the Executive Committee shall be the chief officer of the Foundation. The President shall: 
   1. preside at all meetings of the Executive Committee and the Meeting of Affiliates;
   2. have general and active management of the business of the Foundation;
   3. see that all orders and resolutions of the Executive Committee are carried out;
   4. execute all bonds and all contracts of the Foundation;
   5. have general superintendence and direction of all other officers of the Executive Committee and see that their duties are properly performed;
   6. submit a report of the operations of the Foundation to the Executive Committee at the annual meeting and to the Meeting of Affiliates at its biennial meeting;
   7. from time to time report to the Executive Committee all matters that may affect the Foundation;
   8. be “ex-officio”: a member of all committees set up by the Foundation for the purpose of transaction of the business of the Foundation; and
   9. send, or cause to be sent by the Secretary of the Executive Committee, notices of any meeting of the Executive Committee.
2. The Vice-President Foundation of the Executive Committee shall: 
   1. be vested with all powers of the President in the absence of the latter; and
   2. perform all of the duties of the President in the absence of the latter at meetings or if indisposed and shall have such other duties as may, from time to time, be determined by the Executive Committee.
3. The Vice-President Conference of the Executive Committee shall:
   1. be the Chairperson of the hosting venue;
   2. have primary responsibility for the IMSC; and
   3. have such other duties as may, from time to time, be determined by the Executive Committee.
4. The Vice-President Education of the Executive Committee shall:
   1. be the Chair person of the hosting venue for the International Mass Spectrometry School (IMSS);
   2. have primary responsibility for the IMSS;
   3. work closely with the IMSF Education Officer to prepare the programme for the IMSS and
   4. have such other duties as may, from time to time, be determined by the Executive Committee.
5. The Secretary of the Executive Committee shall:
   1. attend all meetings of the Executive Committee and the Meeting of Affiliates and record all votes and minutes of all proceedings;
   2. perform such other duties as may be prescribed by the Executive Committee or the President of the Executive Committee;
   3. be the custodian of all books and records of the Foundation except as may be otherwise provided; and
   4. prepare or cause to be prepared a report of the Meeting of Affiliates to the Executive Committee.
6. The Treasurer of the Executive Committee shall:
   1. have charge of all funds of the Foundation;
   2. deposit the funds of the Foundation in name of the Foundation in depositories designated by the Executive Committee;
   3. arrange for the payment of all valid bills and debts of the Foundation from its funds; and

   make a complete and accurate report of the finances (a balance and a statement of assets and liabilities) of the Foundation of each concluded fiscal year and offer these annual accounts to the Executive Committee within six months following the completion of the fiscal year.

7. The Education Officer of the Executive Committee shall:
   1. have charge of all education activities of the Foundation;
   2. work closely with the Vice-President Education to deliver the International Mass Spectrometry School (IMSS);
   3. have such other duties as may, from time to time, be determined by the Executive Committee.

1. Annually at least one meeting of the Executive Committee shall be held and the Executive Committee shall decide on its form. In addition, meetings shall be held each time that the President deems this desirable, or if one of the members of the Executive Committee submits a request for this purpose to the President, stating exactly the items to be dealt with. The meetings shall be conducted in accordance with procedures laid down in Article 5 of the Articles of Association of the Foundation.
2. A simple majority of those present or represented shall be required to pass any motion at any meeting of the Executive Committee.
3. Each member of the Executive Committee shall be entitled to one month’s notice of any meeting of the Executive Committee.
4. Whenever any notice is required to be given by the provisions of these Bylaws, a waiver thereof in writing, signed by the person entitled to such notices whether before or after the time stated therein, shall be equivalent to the required note.

1. The Meeting of Affiliates shall take place every two years during the IMSC. At least 25% of the affiliates present, and entitled to vote, shall constitute a quorum for the purpose of transaction of business. The business of this meeting shall, among other business that may be transacted, be:
   1. to confirm the minutes of the previous meeting;
   2. to receive the President’s report on the activities of the Foundation during the preceding two years;
   3. to receive and consider the Treasurer’s report covering the preceding two years;
   4. to receive the report of the Vice-President Conference on the conduct of the IMSC concerned;
   5. to receive the report of the Vice-President Education on the conduct of the IMSS concerned;
   6. to confirm the admission of new members of the Meeting of Affiliates by the Executive Committee upon proper request and presentation of credentials;
   7. as far as applicable, to draw up one or more proposals for the appointment of (a) member(s) of the Executive Committee;
   8. to endorse the decisions of the selection committees for the awards of the Foundation; and
   9. to determine the host country for the next but one IMSC and one or more of the next IMSS locations.
2. Notice of the biennial meeting of the Meeting of Affiliates shall be sent to each affiliate at least three months before the meeting.
3. Whenever any notice is required to be given by the provisions of these Bylaws, a waiver thereof in writing, signed by the person entitled to such notices whether before or after the time stated therein, shall be equivalent to the required note.

1. The Foundation will organize the IMSC, which will be held every two years. Matters regarding the IMSC shall be dealt with by a sub-Committee of the Executive Committee, hereinafter to be referred to as: the Conference Committee.
2. The Conference Committee shall be chaired by the upcoming Conference Chairperson (who is a Vice-President of the Executive Committee) and shall consist of the Chairpersons of the previous two IMSCs together with the selected Chairperson of the next IMSC but one. This Conference Committee shall liaise with a National Organizing Committee, which shall be responsible for the actual IMSC organization.
3. The Conference Committee shall retain the IMSC documentation for the files of the Foundation and provide advice on the IMSC arrangements. The Conference Organizing Committee shall submit to the Executive Committee a financial report by the end of the calendar year or 6 months after the meeting, whichever occurs first.
4. Financial matters, including the contract with the National Organizing Committee and arrangements for publication of conference materials, shall require the approval of the Executive Committee.
5. The Awards program shall be administrated by the Executive Committee in accordance with Article 14. of these Bylaws.
6. The host country for the next but one IMSC shall be selected on the basis of competitive presentations made to the Meeting of Affiliates at its biennial meeting. The Executive Committee shall request submissions for consideration for host nations at least six months prior to this biennial meeting of the Meeting of Affiliates. Notification of intention to submit a presentation must be made at least three months before the meeting of the Meeting of Affiliates.
7. Financial terms under which the IMSC will be operated shall be agreed to by the Executive Committee and the host National Society at the time of its selection. A detailed budget must be part of the proposal. The budget must aim to achieve a positive balance. Any changes to the accepted budget and/or educational activities must be approved by the EC.
8. The Executive Committee may lend the IMSC sponsorship to other scientific meetings of an international nature, which promote the purpose of the Foundation.
9.  Selection, Contracts and Management for the IMSS and any similar activities that are organized with primary sponsorship by the IMSF will be handled in the same manner as described herein for the IMSC.

The books, accounts and records of the Foundation shall be open for inspection by any member of the Executive Committee at any time. Institutional Affiliates of the Foundation may, upon written request to the Executive Committee, inspect such books, accounts and records of the Foundation at such reasonable times as the Executive Committee may designate.

The encouragement and recognition of outstanding contributions to mass spectrometry shall be promoted by an awards program. These will be administered by the Executive Committee according to an agreed set of rules for each award.

In the event of either voluntary or involuntary dissolution of the Foundation, the funds or assets of the Foundation, remaining after discharging all just debts of the Foundation or its officers in the name of the Foundation, shall be dealt with according to Article 13 of the Articles of Association of the Foundation. Any remaining funds should be transferred to an organization with purposes similar to the IMSF.