Havasu Foundation for Higher Education, Inc.

    ARTICLES OF INCORPORATION
OF A TAX-EXEMPT
   FILE NO. 1128289-9

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(Arizona Non-Profit Corporation)
Revised August 18, 2005

 

1.  The Name of the corporation is:  LAKE HAVASU HIGHER EDUCATION FOUNDATION, INC.

2.  Purpose: The purpose for which the corporation is organized is:
Provide information to the public and funding for higher education in Lake Havasu City.
Said organization is organized exclusively for charitable, religious, 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 corresponding section of any future tax code. (IRS revision 08/18/05)

3. Character of Affairs:  The character of affairs of the corporation will be:
Provide information to the public and funding for higher education in Lake Havasu City.

4. No part of the net earning of the corporation shall inure to the benefit of, or be distributable to its members, directors, 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 in Article 2. 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 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 and of the corresponding provision of any future United States Internal Revenue Law) or: (b) by a corporation, contributions to which are deductible under Section  501 of the Internal Revenue Code of  (c)(3) or the corresponding provisions of any future United States Internal Revenue Laws).

5. Upon the dissolution of the corporation, the Board of Directors shall, after paying or making provision for the payment of all of the liabilities of the corporation, dispose of all its assets exclusively for the purposes of the corporation in such a manner, or to such organizations organized and operated exclusively for charitable, educational, religious or scientific purpose as shall at the time qualify as an exempt organization or organizations under Section 501 (3)(c) of the Internal Revenue Code or the corresponding provision of any future United States Internal Revenue Laws as the Board of Directors shall determine. Any such assets not disposed of shall be disposed of by the Superior Court of the county in which the principle office of the corporation is then located, exclusively for such purpose or to such organization or organizations, as said Court shall determine, which are organized and operated exclusively for such purpose.

6. The power of indemnification under the Arizona Revised Statutes shall not be, denied or limited by the bylaws.

7. Board of Directors: The initial board of directors shall consist of ONE (1) director. The name and address of the person who is to serve as the director until the first annual meeting of the members, if a member corporation, or Board of Directors, if the corporation has no members, or until his successor is elected and qualifies is:

Dr. William Ullery
P.O. Box 1020
735 Little Drive
Lake Havasu City, AZ 86405

The number of persons to serve on the board of directors thereafter shall be fixed by the Bylaws.

8. Known Place of Business:  In Arizona, the street address of the known place of business is:

735 Little Drive
Lake Havasu City, AZ 86406

9.  Statutory Agent: In Arizona, the name and address of the statutory agent of the Corporation is:

Dr. William Ullery
P.O. Box 1020
735 Little Drive
Lake Havasu City, AZ 86405

10. Incorporators: The name and address of the incorporator is:

Dr. William Ullery
P.O. Box 1020
735 Little Drive
Lake Havasu City, AZ 86405

All powers and responsibilities of the incorporators shall cease at the time of the delivery of these Articles of Incorporation to the Arizona Corporate Commission.

11. Discrimination: The Corporation will not practice or permit discrimination on the basis of sex, age, race, national origin, religion, or physical handicap or disability.

12. Members:  The Corporation will have members.

           

 

The foregoing Articles of Incorporation Of a Tax-Exempt Arizona Non-Profit Corporation are revised to meet US Internal Revenue Service requirements, specifically, paragraph 2, statement of Purpose, and are submitted as an amendment to the original document approved by the State of Arizona Corporation Commission on April 14, 2004 and on file with the Commission.

EXECUTED this 18th day of August, 2005 by all of the incorporators.

                        Signed _____________________________________
Dr. William Ullery, Statutory Agent

 

State of Arizona, County of Mohave
This foregoing instrument was acknowledged before me this
August 18, 2005  by  Dr. William Ullery

Notary Signature ______________________