| THIRD. |
The purposes for which this corporation is formed are:
- To establish and maintain a network of communication among friends
and alumni of YMCA Camp Kern.
- To identify and implement resources which will assist in the
collection, documentation, preservation, presentation and
distribution of historical materials related to YMCA Camp Kern.
- To develop and maintain resources which will help preserve,
promote, and support the resident camp experience,
continuing in perpetuity the work of former Boys'
Work Secretary Carl B. Kern.
A.
Said corporation is organized exclusively for charitable, educational,
and scientific purposes, 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.
B.
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 purposes set forth herein. 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.
C.
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.
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