Purpose: |
THIS CORPORATION IS FORMED UNDER THE GENERAL LAWS OF RHODE ISLAND FOR ANY LAWFUL PURPOSE(S) NOT EXPRESSLY PROHIBITED UNDER GENERAL LAWS OF RHODE ISLAND, 1956, AS AMENDED, INCLUDING ANY PURPOSE DESCRIBED BY SECTION 7-6-4 OF THE GENERAL LAWS OF RHODE ISLAND. NOTWITHSTANDING THE FOREGOING, THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, LITERARY, EDUCATIONAL, AND/OR SCIENTIFIC PURPOSES (“CHARITABLE PURPOSES”), ALL WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, OR THE CORRESPONDING PROVISIONS OF ANY SUBSEQUENT UNITED STATES TAX LAWS (THE “CODE”). WITHOUT LIMITING GENERALITY OF THE FOREGOING, AND CONSISTENT WITH SECTION 501(C)(3) AND SECTION 509(A)(3) OF THE CODE, THE SPECIFIC PURPOSES OF THE CORPORATION WILL INCLUDE THE FOLLOWING (A) EVENTS FEATURING YOUNG, SCHOOL-AGED AND YOUNG ADULT ARTISTS TO THE PUBLIC AND THE ADVANCEMENT OF MUSICAL EDUCATION; (B) ENGAGING IN SUCH OTHER ACTIVITIES AS MAY BE NECESSARY OR DESIRABLE TO SUPPORT OR BENEFIT MUSICAL EDUCATION, PERFORMANCE, AND CAREER DEVELOPMENT OPPORTUNITIES; (C) POSSESS ALL THE POWERS AUTHORIZED TO NONPROFIT CORPORATIONS UNDER THE RHODE ISLAND NONPROFIT CORPORATION ACT (THE “ACT”), WHICH DO NOT, EXCEPT TO AN INSUBSTANTIAL DEGREE, REPRESENT ANY ACTIVITIES OR POWERS THAT ARE NOT IN FURTHERANCE OF THE TAX-EXEMPT PURPOSES OF THE CORPORATION; AND (D) DO ANY AND ALL OTHER ACTS, THINGS OR BUSINESS IN ANY MATTER CONNECTED WITH OR NECESSARY, INCIDENTAL, CONVENIENT OR AUXILIARY TO ANY OF THE PURPOSES SET FORTH ABOVE DIRECTLY OR INDIRECTLY TO PROMOTE THE CHARITABLE PURPOSES OF THE CORPORATION. THE CORPORATION MAY EXERCISE ALL POWERS CONFERRED UPON CORPORATIONS FORMED UNDER SECTION 7-6-5 OF THE ACT TO ACCOMPLISH THE CORPORATION’S CHARITABLE PURPOSES. NOTWITHSTANDING ANY OTHER PROVISION OF THESE ARTICLES OF INCORPORATION OR THE BYLAWS OF THE CORPORATION, THE CORPORATION SHALL NOT CONDUCT OR CARRY ON ANY ACTIVITIES NOT PERMITTED TO BE CONDUCTED OR CARRIED ON BY AN ORGANIZATION EXEMPT FROM TAXATION UNDER SECTION 501(C)(3) OF THE CODE OR BY AN ORGANIZATION, CONTRIBUTIONS TO WHICH ARE DEDUCTIBLE UNDER SECTION 170(C)(2) OF THE CODE. |