Purpose: |
THE CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, CULTURAL, AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”). THE CORPORATION IS A NONPROFIT CORPORATION AND IS NOT ORGANIZED FOR THE PRIVATE GAIN OF ANY PERSON. THE SPECIFIC PURPOSES FOR WHICH THIS CORPORATION IS ORGANIZED ARE: I.TO PROMOTE DIALOG, PEACE, UNDERSTANDING AND TOLERANCE AMONG DIFFERENT CULTURES, CIVILIZATIONS AND PEOPLES OF SOCIETY THROUGH CULTURAL, SOCIAL AND EDUCATIONAL ACTIVITIES, EVENTS AND PROGRAMS. II.TO INCREASE AND FOSTER FRIENDSHIP, FELLOWSHIP, CULTURAL HERITAGE AND SOCIAL VALUES BASED ON MUTUAL RESPECT AND TO ACKNOWLEDGE THE IMPORTANCE OF SPREADING THESE MOST SIGNIFICANT VALUES THROUGHOUT THE LOCAL COMMUNITIES. III.TO BUILD BRIDGES BETWEEN CULTURES, COMMUNITIES AND PROMOTE DIVERSITY, REGARDLESS OF NATION, FAITH, COLOR OR GENDER. IV.TO SERVE THE COMMUNITY IN THE AREA OF INTERFAITH, INTER-RELIGIOUS AND INTERCULTURAL AFFAIRS. V.TO SUPPORT EDUCATION AMONG COMMUNITIES, AND TO ORGANIZE EDUCATIONAL PROGRAMS, TRIPS SUCH AS DAY CAMPS, SUMMER, WEEKEND AND AFTER SCHOOL EVENTS, INTERNSHIP AND EXCHANGE PROGRAMS ETC. VI.TO ORGANIZE CULTURAL, EDUCATIONAL, SOCIAL, SPORTING, RECREATION AND LEISURE ACTIVITIES AND PROGRAMS THAT WILL ENHANCE THE EFFECTIVENESS OF THE CORPORATION. VII.TO PROVIDE A COMMUNICATION PLATFORM AND CONNECT COMMUNITIES BY ORGANIZING SEMINARS, WORKSHOPS, SYMPOSIUMS, PANELS, TRIPS, CONFERENCES, FESTIVALS AND SOCIAL GATHERINGS VIII.TO PROVIDE FINANCIAL AND MATERIAL AID TO THE NEEDY PEOPLE OF LOCAL COMMUNITIES BY ORGANIZING TEAMS, GATHERING DONATIONS AND DISTRIBUTING NECESSARY BASIC MATERIALS SUCH AS FOOD, CLOTHING, MEDICAL, HOUSEHOLD ITEMS AND SIMILAR BASIC LIFESAVING ITEMS AS QUICKLY AND EFFECTIVELY AS POSSIBLE. IX.TO ENCOURAGE VOLUNTEERISM AND WORK COLLABORATIVELY WITH OTHER AGENCIES AND ORGANIZATIONS IN FURTHERANCE OF THE CORPORATION’S PURPOSES. X.TO SOLICIT GRANTS AND CONTRIBUTIONS AND TO RECEIVE AND ADMINISTER FUNDS, TO USE AND APPLY THE WHOLE OR PART OF THE INCOME THEREFROM AND THE PRINCIPLE THEREOF FOR SUCH CHARITABLE PURPOSES EITHER DIRECTLY OR BY CONTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE OF 1986 AND ITS REGULATIONS AS THEY NOW EXIST OR AS THEY MAY HEREAFTER BE AMENDED; TO HOLD BY BEQUEST, GIFT, GRANT, PURCHASE OR LEASE ANY REAL OR PERSONAL PROPERTY WITHOUT LIMITATION AS TO THE AMOUNT OR VALUE; TO SELL, CONVEY OR OTHERWISE DISPOSE OF ANY SUCH PROPERTY TO INVEST AND REINVEST THE PRINCIPAL USING ITS PROCEEDS FOR THE CARRYING OUT OF THE AFORESAID PURPOSES. XI.TO OTHERWISE ENGAGE IN ANY OTHER PERMISSIBLE ACTIVITIES FOR ORGANIZATIONS QUALIFIED UNDER SECTION 501(C (3) OF THE U.S. INTERNAL REVENUE CODE OF 1986, AS SUBSEQUENTLY AMENDED. THE CORPORATION SHALL BE ORGANIZED AND EMPOWERED TO DO EVERYTHING NECESSARY, PROPER, ADVISABLE OR CONVENIENT FOR THE ACCOMPLISHMENT OF THE FOREGOING PURPOSES AND TO DO ALL OTHER ACTIVITIES INCIDENTAL TO THEM, OR CONNECTED WITH THEM. HOWEVER, SAID PURPOSES SHALL BE SUBJECT TO THE FOLLOWING LIMITATIONS: (A) NOTWITHSTANDING ANY OTHER PROVISION OF THESE ARTICLES OF INCORPORATION, THE CORPORATION IS FORMED EXCLUSIVELY FOR CHARITABLE, CULTURAL, AND EDUCATIONAL PURPOSES, AS SPECIFIED IN SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE, AND SHALL NOT CARRY ON ANY OTHER ACTIVITIES NOT PERMITTED TO BE CARRIED ON BY AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER CODE SECTION 501 (C) (3). (B) NO PART OF THE NET EARNINGS OF THE CORPORATION SHALL INURE TO THE BENEFIT OF, OR BE DISTRIBUTABLE TO ITS MEMBERS, TRUSTEES, OFFICERS, OR OTHER PRIVATE PERSONS, EXCEPT THAT THE CORPORATION SHALL BE AUTHORIZED TO PAY REASONABLE COMPENSATION FOR SERVICES RENDERED AND TO MAKE PAYMENTS AND DISTRIBUTIONS IN FURTHERANCE OF THE EXEMPT PURPOSES SET FORTH. (C) NO SUBSTANTIAL PART OF THE ACTIVITIES OF THE CORPORATION SHALL BE THE CARRYING ON OR PROPAGANDA, OR OTHERWISE ATTEMPTING TO INFLUENCE LEGISLATION [EXCEPT AS OTHERWISE PROVIDED BY IRC SECTION 501 (H)], OR PARTICIPATING IN, OR INTERVENING IN (INCLUDING THE PUBLISHING OR DISTRIBUTION OF STATEMENTS) ANY POLITICAL CAMPAIGN ON BEHALF OF ANY CANDIDATE FOR PUBLIC OFFICE. (D) NOTWITHSTANDING ANY OTHER PROVISION OF THESE ARTICLES OF INCORPORATION, THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR ONE OR MORE OF THE PURPOSES, AS SPECIFIED IN SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE, OR CORRESPONDING PROVISIONS OF ANY SUBSEQUENT FEDERAL TAX LAWS AND SHALL NOT CARRY ON ANY OTHER ACTIVITIES NOT PERMITTED TO BE CARRIED ON BY(A) A CORPORATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE, OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE, OR (B) BY A CORPORATION, CONTRIBUTIONS TO WHICH ARE |