Statement of Purpose (for OH incorporation filing)

This corporation is organized exclusively for educational and scientific purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986, as now enacted or hereafter amended, or the corresponding section of any future federal tax code. To this end, the corporation shall foster by all legal means the common purposes of its participants, including but not limited to building and maintaining spaces suitable for technical and educational collaboration. All funds, whether income or principal, and whether acquired by gift or contribution or otherwise, shall be devoted to said purposes.

excellent. can you work the phrases “forthwith” and “in perpetuity” in there somewhere?

“All funds, whether income or principal, and whether acquired by gift or contribution or otherwise, shall forthwith and in perpetuity be devoted to said purposes.”

now it really sounds official :slight_smile:

i read that and it just says “words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words”

therefore it must be what is needed