CHARITABLE PURPOSES / NEGATION OF PECUNIARY GAIN
Negation of pecuniary gain.
No part of the net earnings of this Corporation shall ever inure to or for the benefit of or be distributable to its directors, officers, or other private persons, except that the Corporation shall be empowered to pay reasonable compensation for services rendered and to make payments and distributions in furtherance of the exempt purposes for which it was formed.
Approved Date: 10/2013
Date Updated: 10/2013