Purpose: |
A. TO HELP LOW-INCOME AND ECONOMICALLY DISADVANTAGED FAMILIES IN RHODE ISLAND WHO HAVE CHILDREN ENROLLED IN ACCREDITED EDUCATIONAL PROGRAMS NOT ADMINISTERED THROUGH THE PUBLIC SCHOOL SYSTEM DEAL WITH THE COSTS OF EDUCATION-RELATED EXPENSES INCLUDING, BUT NOT LIMITED TO, THE COST OF TRANSPORTATION, MEALS, BOOKS, UNIFORMS AND CLOTHING, COMPUTERS, MATERIALS, SUPPLIES, PARTICIPATION IN AFTER-SCHOOL ACTIVITIES, FIELD TRIPS, AND SIMILAR LIKE EXPENSES. SUCH ACCREDITED EDUCATIONAL PROGRAMS SHALL INCLUDE SPECIAL EDUCATION PROGRAMS, INDIVIDUAL EDUCATION PLANS, INTERIM ALTERNATIVE EDUCATIONAL SETTING PLACEMENTS, EDUCATION PROGRAMS TO ACCOMMODATE BEHAVIORAL AND/OR EMOTIONAL ISSUES, OR SUCH SIMILAR PROGRAMS. B. TO HELP STUDENTS ENROLLED IN ACCREDITED EDUCATIONAL PROGRAMS NOT ADMINISTERED THROUGH THE PUBLIC SCHOOL SYSTEM, AS DESCRIBED IN SUBSECTION (A.), OBTAIN ACCESS TO OPPORTUNITIES SUCH AS WORK-STUDY PLACEMENTS, INTERNSHIPS, POST-SECONDARY SCHOLARSHIPS, EMPLOYMENT TRAINING, OR VOCATIONAL TRAINING. C. TO DIRECTLY AND INDIRECTLY SUPPORT, PROMOTE, FURTHER, ENGAGE IN, CARRY ON, OR PERFORM ANY CHARITABLE WORKS AND EDUCATIONAL ACTIVITIES PERMITTED TO AN ORGANIZATION EXEMPT UNDER (AND CONSISTENT WITH THE PROVISIONS OF) SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CHAPTER 7-6 OF THE GENERAL LAWS OF RHODE ISLAND. D. NO MORE THAN AN INSUBSTANTIAL PART OF THE ACTIVITIES OF THE CORPORATION SHALL BE IN FURTHERANCE OF NONEXEMPT PURPOSES. E. NO SUBSTANTIAL PART OF THE ACTIVITIES OF THE CORPORATION SHALL BE THE CARRYING ON OF PROPAGANDA, OR OTHERWISE ATTEMPTING TO INFLUENCE LEGISLATION, AND THE CORPORATION SHALL NOT PARTICIPATE IN, OR INTERVENE IN (INCLUDING THE PUBLISHING OR DISTRIBUTION OF STATEMENTS) ANY POLITICAL CAMPAIGN ON BEHALF OF OR IN OPPOSITION TO ANY CANDIDATE FOR PUBLIC OFFICE. F. ANY OTHER PROVISIONS HEREIN NOTWITHSTANDING, THE CORPORATION WILL AT ALL TIMES BE ORGANIZED AND OPERATED EXCLUSIVELY FOR EXEMPT PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND SHALL NOT HAVE THE POWER TO DO ANYTHING OR TAKE ANY ACTION WHICH WOULD CAUSE IT TO CEASE TO QUALIFY AS A NON-PROFIT CORPORATION UNDER STATE LAW OR AS AN ORGANIZATION EXEMPT UNDER SECTIONS 501(C)(3) OF THE INTERNAL REVENUE CODE. ALL REFERENCES HEREIN: (I) TO THE INTERNAL REVENUE CODE SHALL BE DEEMED TO REFER TO THE INTERNAL REVENUE CODE OF 1986, AS NOW IN FORCE OR HEREAFTER AMENDED; OR TO A CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE AND (II) TO THE GENERAL LAWS OF RHODE ISLAND SHALL BE DEEMED TO REFER TO THE GENERAL LAWS OF 1956, AS NOW IN FORCE OR HEREAFTER AMENDED, OR TO A CORRESPONDING PROVISION OF ANY FUTURE COMPILATION OF GENERAL LAWS. |