NOTE: Due to technical errors this meeting was not recorded so the vote will be redone at the next scheduled board meeting.
9 PM Conference Number: 1.415.655.0381 Access Code 449-886-011#
We need to add the text below to our Articles of Incorporation to get our non-profit status from the IRS.
Dixie Montessori Academy is organized exclusively for educational purposes, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations described under Section 501(c)(3) of the Internal Revenue Code, or corresponding section of any future federal tax code.
Upon the 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, or corresponding section of any future federal tax code, or shall be distributed to the federal government or to a local or state government, for a public purpose. Any such assets no disposed of shall be disposed of by a court of competent jurisdiction in the county in which the principal office of the organization is then located, exclusively for such purposes or to such organization or organization, as said Court shall determine, which are organized and operated exclusively for such purposes.