Compact for America Educational Foundation Inc

Compact for America Educational Foundation

The foundation is a non-stock, non-share, and non-member entity organized exclusively for any or all lawful purposes for which non-profit corporations may be incorporated under Texas law as an exempt organization, including for such purposes, the making of distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the Internal Revenue Code, or the corresponding section of any future federal tax code, with no intent of pecuniary gain or profit. In furtherance of the foregoing purpose, and subject to its limitations, the corporation is formed primarily to educate elected officials, citizens and residents of the United States and the several states of the use of an interstate compact agreement and counterpart federal legislation to coordinate the use of Article V of the U.S. Constitution by state legislatures and the US Congress to originate, propose and ratify constitutional amendments. Notwithstanding any other provision of these articles, this corporation shall not, except to an insubstantial degree, engage in any activities or exercise any powers that are not in furtherance of the purposes of this corporation.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 and empowered to pay reasonable compensation for services rendered and to make payments and distributions in furtherance of the educational purposes set forth herein. Except as allowed by section 501(h) of the Internal Revenue Code, or the corresponding section of any future federal tax code, 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. Notwithstanding any other provision of these articles, the corporation shall not carry on any other activities not permitted to be carried on (a) by 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 deductible under section 170(c)(2) of the Internal Revenue Code, or the corresponding section of any future federal tax code.Upon the dissolution of the corporation, assets shall be distributed for one or more exempt purposes within the meaning of section 501(c)(3) of the Internal Revenue Code, or the 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 so disposed of shall be disposed of by a Court of Competent Jurisdiction of the county in which the principal office of the corporation is then located, exclusively for such purposes or to such organization or organizations, as said Court shall determine, which are organized and operated exclusively for such purposes.
465469141
EIN
Houston, TX 77062 USA
Address
compactforamerica.org
Web

Poslední diskuze

Nearby

Contact
Compact for America Educational Foundation Inc logo
Compact for America Educational Foundation Inc
+ Follow
4.5
Reviews
Houston
Place
About the organization

- B05, W22 -

BALANCED BUDGET COMPACT PROJECT CFA PROJECT PORTFOLIO DONATE BLOG MEET THE TEAM MORE BALANCED BUDGET COMPACT PROJECT CLICK BELOW. COMPACT FOR AMERICAPROJECT PORTFOLIO CLICK BELOW. BALANCED BUDGET COMPACT PROJECT CFA PROJECT PORTFOLIO DONATE BLOG MEET THE TEAM More . .

Research Institutes and/or Public Policy Analysis Public Finance, Taxation, Monetary Policy
23 Vacancy More Detail