ARTICLE OF INCORPORATION
OF
ROTARY
FOUNDATION OF BEAVERCREEK
The undersigned, desiring to form a corporation not for profit under Section 1702.01 et seq., Revised Code of Ohio, do hereby certify:
FIRST The name of said Corporation shall be ROTARY FOUNDATION OF
BEAVERCREEK.
SECOND
The place in Ohio were the principal office of the Corporation is to be
located is 26 North Wright Avenue, Fairborn, Greene County, Ohio 45324.
THIRD The specific and primary purpose for which this Corporation
is organized is exclusively for charitable, religious, educational, and
scientific purposes, including, for such purposes, the making of distributions
to organizations that quality as exempt organizations under Section 501(c)(3)
of the Internal Revenue Code, or corresponding Section of any future Federal
Tax Code.
No part of the net earnings of the
Corporation shall inure to the benefit, or be distributable to its members,
trustees, officers, or other private persons, except that the Corporation shall
be authorized and empowered to pay reasonable compensation for services
rendered and to make payments and distributions in furtherance of the purposes
set forth in the purpose clause hereof.
No substantial part of the activities of the Corporation shall be the
carrying on of propaganda, or otherwise attempting to influence legislation,
and the organization shall not participate in, or intervene in (including the
publishing or distribution of statement(s) any political campaign on behalf of
any candidate for public office.
Notwithstanding any other provision of this document, the corporation
shall not carry on any other activities not permitted to be carried on (a) by
an organization exempt from federal income tax under Section 501(c)(3) of the
Internal Revenue Code, corresponding Section of any future Federal Tax Code, or
(b) by an organization, contributions to which are deductible under Section
170(c)(2) of the Internal Revenue Code, or corresponding Section of any future
Federal Tax Code.
Upon the dissolution of the Corporation,
assets shall be distributed to one or more exempt purposes within the meaning
of Section 501(c)(3) of the Internal Revenue Code, or corresponding Section of
any future Federal Tax Code, or shall be distributed to the Federal Government,
or to a state or local government, for a public purpose. Any such assets not disposed of shall be
disposed of by the Court of Common Pleas of the county in which the principal
office of the Corporation is then located, exclusively for such purposes or to
such organizations as said Court shall determine, which are organized and
operating exclusively for such purposes.
FOURTH The names and addresses of the persons who are to be the
initial Trustees of the Corporation are as follows:
S.
Richard Richman 26 North
Wright Avenue
Fairborn,
Ohio 45324
Kelly
K. Cooney 920 Pimlico
Drive, Apt. 313
Centerville,
Ohio 45459
Ronald
L. Johnson 2560 Kenmont
Court
Beavercreek,
Ohio 45434
FIFTH The
membership of this Corporation at all times shall consist of the Trustees.
SIXTH These
Articles may be amended in any respect which does not alter the charitable
nature of the Corporation or permit or authorize the distribution of its income
or property for other than charitable purposes by a two-thirds (2/3) vote of
the members at a meeting duly called and held for that purpose.
SEVENTH
In the event of the dissolution of the Corporation, after the
payment of all of its obligations, all its income and property shall be applied
solely for the charitable purposes for which the Corporation was formed.
IN WITNESS WHEREOF, we have hereunto
subscribed our names this _____ day of ______________, 1992__.
//SIGNED// .
S.
RICHARD BICHMAN
//SIGNED// .
KELLY
K. COONEY
//SIGNED// .
RONALD
L. JOHNSON
