Difference between revisions of "Talk:Bylaws"

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(notes on Bylaws requirements)
 
(No difference)

Latest revision as of 03:55, 26 September 2022

These bylaws are included in our applications for tax-deductibility to the IRS. There is a specific requirement in the 501(c)(3) rules that the "Organizing Documents" specify that the organization's purposes are limited to tax-exempt purposes. Our Article II, paragraph 1 achieves this. There is another requirement that the organizing documents specify that upon dissolution, the remaining assets would have to be used exclusively for 501(c)(3) tax-exempt purposes. Our Article XIV, paragraph 2, achieves that. Our application for tax deductibility, Form 1023, part III, required us to point to those two sections. -- Econterms (talk)