Purpose: |
THIS CORPORATION IS AN ORGANIZATION OF PAST AND PRESENT MEMBERS OF THE UNITED STATES ARMED FORCES. THE ORGANIZATION WILL ENGAGE IN ACTIVITIES PERMISSIBLE UNDER SECTION 501(C)(19) INCLUDING: A.PROMOTING THE SOCIAL WELFARE OF THE COMMUNITY AS DEFINED IN TREAS. REG. 1.501(C)(4)–1(A)(2);B.ASSISTING DISABLED AND NEEDY WAR VETERANS AND MEMBERS OF THE U.S. ARMED FORCES AND THEIR DEPENDENTS, AND THE WIDOWS AND ORPHANS OF DECEASED VETERANS;C PROVIDING ENTERTAINMENT, CARE AND ASSISTANCE TO HOSPITALIZED VETERANS OR MEMBERS OF THE U.S. ARMED FORCES;D.CARRYING ON PROGRAMS TO PERPETUATE THE MEMORY OF DECEASED VETERANS AND MEMBERS OF THE ARMED FORCES, AND TO COMFORT THEIR SURVIVORS;E.CONDUCTING PROGRAMS FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERACY OR EDUCATIONAL PURPOSES (AS SET OUT IN IRC 170(C)(4));F.SPONSORING OR PARTICIPATING IN ACTIVITIES OF A PATRIOTIC NATURE; G.PROVIDING INSURANCE BENEFITS FOR THEIR MEMBERS OR DEPENDENTS OF THEIR MEMBERS, OR BOTH; ORH.PROVIDING SOCIAL AND RECREATIONAL ACTIVITIES FOR THEIR MEMBERS.THIS ORGANIZATION IS NOT ORGANIZED FOR PROFIT, AND NO PART OF THE NET EARNINGS OF THIS CORPORATION SHALL INURE TO THE BENEFIT OF ANY MEMBER OF THE BOARD OF DIRECTORS OR ANY OTHER INDIVIDUAL EXCEPT THAT THIS CORPORATION MAY MAKE PAYMENTS OF REASONABLE COMPENSATION FOR SERVICES RENDERED.THE CORPORATION SHALL NEVER BE OPERATED FOR THE PRIMARY PURPOSE OF CARRYING ON A TRADE OR BUSINESS FOR PROFIT.NOTWITHSTANDING ANY PROVISION OF THESE ARTICLES OF INCORPORATION, THIS CORPORATION SHALL NOT CARRY ON ANY ACTIVITIES NOT PERMITTED TO BE CARRIED ON BY AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(19) OF THE INTERNAL REVENUE CODE (OR THE CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW). |