|
Mission Statement
Constitution
Bylaws
Amendments
Projects
Fundraising
Sister Organizations
Other Organizations
Resource Center
Jaklen Memorial
|
|
Amendments of Bylaws
of
Jaklen Muoi Tuyen Foundation
A California Public Benefit Corporation
AMENDMENT #1
2001-March-18
A. The purpose for which the corporation is
organized are exclusively religious, charitable, scientific, literary
and educational within the meaning of section 501(c)(3) of the
Internal Revenue Code of 1986 or the corresponding provision of any
future United States Internal Revenue law.
B. Notwithstanding any other provisions of
these articles, this organization shall not carry on any activities
not permitted to be carried on by an organization exempt from Federal
income tax under section 501(c)(3) of the Internal Revenue Code of
1986 or the corresponding provision of any future United States
Internal Revenue law.
C. Upon dissolution of the organization,
assets shall be distributed for one or more exempt purposes within
the meaning of section 501(c)(3) of the Internal Revenue Code of
1986, or corresponding section of any future Federal tax code, or
shall be distributed to the Federal, 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 organization is located, exclusively for such
purposes.
Since the Jaklen Muoi Tuyen Foundation is a charitable organization
with the main purpose of collecting funds for charitable projects
consistent with its mission statement, there will be no compensation to
Officers of the organization for their time and effort.
If the officers of the Board of Directors incur any expense towards
the Organization's cause, it should be pre-approved by the Board of
Directors to be paid back to them.
All company decisions will be made with a 70% absolute majority of
the Board. All officers of the organization should be elected by the
Board, every year. There can be a maximum of 5 Board members, and
they will be appointed every year.
Dated: 18th March, 2001
_____________________
Tracey Tuyen, Director
_____________________
D P Prakash, Director
_____________________
Peter Blomgren, Director
|