2008 - Laserfiche WebLink

Home Browse Search

_09/07/07 11:40 FAX 5163526823 GREENBLATT U005 secondary school, a charter school, or an institution of higher learning which grants degrees. Nothing herein shall authorize the corporation to offer professional education in medicine, nursing, or for any other profession licensed under Title VIII of the Education Law. FOURTH: In furtherance of its corporate purposes, the corporation shall have all the general powers enumerated in Section 202 of the Not-For-Profit Corporation Law, together with the power to solicit grants and contributions for the corporate purposes. To accept, hold, invest, reinvest and administer any gifts, bequests, devises, benefits of trusts(but not to act as trustee of any trust), and property of any sort without limitation as to amount or value and to use, disburse or donate the income or principal thereof exclusively for charitable purposes; to receive, establish, and maintain a fund or funds of real or persona) property, or both, and subject to any restrictions and limitations hereinafter set forth, to use and apply the whole or any part of the income therefrom and principal thereof exclusively for charitable, scientific, and benevolent purposes either directly or by funding programs or projects that accomplish such charitable and benevolent purposes. • Nothing herein shall authorize this corporation, directly or indirectly, to engage in Or include among its purposes, any of the activities mentioned in the Not-Por-Profit Corporation Law, Section 404(a)-(v), excluding(d). FIFTH: The corporation shall be a Type B corporation pursuant to Section 201 of the Not-For-Profit Corporation Law. SIXTH: The names and addresses of the initial directors of the corporation are as follows: Salamatu S. Mambula 41 Coombs Lane Mashpee, Massachusetts 02649 Charles J. Mambula 41 Coombs Lane Mashpee, Massachusetts 02649 Chike Ejio£or 4504 Jacqueline Lane Raleigh,North Carolina 27616 SEVENTH: Said organization is organized exclusively for charitable, religious, . educational and scientific purposes, including, for .such purposes, the malting of distributions to organizations that qualify as exempt organizations under section 501(c)(3) .