| Purpose: |
A. TO EDUCATE NORTH KINGSTOWN HIGH SCHOOL SENIORS ABOUT THE SPIRIT AND LIFE OF DOUGLAS S. ROTH SO THEY CAN PERPETUATE HIS IDEAS OF COMMUNITY SERVICE, B. TO COOPERATE WITH NORTH KINGSTOWN HIGH SCHOOL TO CHARITABLY HELP FINANCIALLY NEEDY STUDENTS WHO WILL MAJOR IN JOURNALISM IN COLLEGE OR UNIVERSITY; C. TO EMPHASIZE DOUGLAS S. ROTH’S PASSION FOR SPORTS AND COMMUNITY SERVICE; D. TO RECEIVE, MAINTAIN, AND ACCEPT AS ASSETS OF THE CORPORATION, ANY PROPERTY, WHETHER REAL, PERSONAL, OR MIXED, BY WAY OF GIFT, BEQUEST, DEVISE, OR PURCHASE FROM ANY PERSON, FIRM, TRUST, OR CORPORATION, TO BE HELD, ADMINISTERED, AND DISPOSED OF EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, EDUCATIONAL AND SCIENTIFIC PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED, AND IN ACCORDANCE WITH AND PURSUANT TO THE PROVISIONS OF THESE ARTICLES OF INCORPORATION; BUT NO GIFT, BEQUEST, DEVISE, OR PURCHASE OF ANY SUCH PROPERTY SHALL BE RECEIVED OR MADE AND ACCEPTED IF IT IS CONDITIONED OR LIMITED IN SUCH MANNER AS SHALL REQUIRE THE DISPOSITION OF INCOME OR PRINCIPAL TO ANY ORGANIZATION OTHER THAN A CHARITABLE ORGANIZATION OR FOR ANY PURPOSES OTHER THAN CHARITABLE PURPOSES WHICH WOULD JEOPARDIZE THE STATUS OF THE CORPORATION AS AN ENTITY EXEMPT FROM FEDERAL INCOME TAX PURSUANT TO THE RELEVANT PROVISIONS OF THE INTERNAL REVENUE CODE, AS AMENDED; AND E. TO EXCLUSIVELY PROMOTE AND CARRY ON ANY OTHER RELIGIOUS, CHARITABLE, OR EDUCATIONAL PURPOSES AND ACTIVITIES FOR WHICH CORPORATIONS MAY BE ORGANIZED AND OPERATED UNDER THE RELEVANT PROVISIONS OF THE INTERNAL REVENUE CODE, AS AMENDED, AND UNDER THE RHODE ISLAND NONPROFIT CORPORATION ACT. |
