By Laws

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JACKSON QUILTERS

BY-LAWS AMENDMENT/ADDITION


 

This organization is organized exclusively for charitable, religious, educational or scientific purposes within the meaning of section 501 (c)(3) of the Internal Revenue Code.


 

No part of the net earnings of the organization shall inure to the benefit of, or be distributed to its members, trustees, officers, or other private persons, except that the organization shall be authorized and empowered to pay reasonable compensation for services rendered and to make payments and distributions in furtherance of these purposes.


 

No substantial part of the activities of the organization 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 statements) any political campaign on behalf of or in opposition to any candidate for public office.


 

Notwithstanding any other provision of these Articles, the organization shall not carry on any other activities not permitted to be carried on


 

  1. By an organization exempt from Federal income tax under section 501(c)(3) of the Internal Revenue Code, or corresponding section of any future Federal tax code or

  2. 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 or local government, for a public purpose. Any such assets not so disposed of shall be disposed exclusively for such purposes or to such organization or organizations which are organized and operated exclusively for 501 (c)(3) purposes.

 

 

 

 

 

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