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SPC Articles of Incorporation |
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The Sacramento Press Club’s restated Articles of Incorporation, adopted in January 2008 are below:
The undersigned certify that: 1. They are the president and the secretary, respectively, of GREATER SACRAMENTO PRESS CLUB, a California corporation. 2. The Articles of Incorporation of this corporation are amended and restated to read as follows: ARTICLES OF INCORPORATION OF SACRAMENTO PRESS CLUB Article I The name of this corporation is SACRAMENTO PRESS CLUB. Article II A. This corporation is a nonprofit public benefit corporation and is not organized for the private gain of any person. It is organized under the Nonprofit Public Benefit Corporation Law for public and charitable purposes. This corporation elects to be governed by all of the provisions of the Nonprofit Corporation Law of 1980 not otherwise applicable to it under Part 5. B. The specific purpose of this corporation is to provide fellowship within the news media and related fields and to benefit the public and enrich journalism in the Sacramento area by sponsoring annual scholarships. Article III A. This corporation is organized and operated exclusively for charitable purposes within the meaning of Section 501(c)(3), Internal Revenue Code. B. No substantial part of the activities of this corporation shall consist of carrying on propaganda, or otherwise attempting to influence legislation, and the corporation shall not participate or intervene in any political campaign (including the publishing or distribution of statements) on behalf of any candidate for public office. Article IV The property of this corporation is irrevocably dedicated to charitable purposes and no part of the net income or assets of this corporation shall ever inure to the benefit of any director, officer or member thereof or to the benefit of any private person. Upon the dissolution or winding up of the corporation, its assets remaining after payment, or provision for payment, of all debts and liabilities of this corporation shall be distributed to a nonprofit fund, foundation or corporation which is organized and operated exclusively for charitable purposes and which has established its tax exempt status under Section 501(c)(3), Internal Revenue Code. 3. The foregoing amendment and restatement of Articles of Incorporation has been duly approved by the board of directors. 4. The foregoing amendment and restatement of Articles of Incorporation has been duly approved by the required vote of the members. We further declare under penalty of perjury under the laws of the State of California that the matters set forth in this certificate are true and correct of our own knowledge. Dated: ________________ ________________________________ John Myers, President Dated: ________________ ________________________________ Carol Perri, Secretary
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