1) AH3B is a non-profit corporation formed in Pennsylvania with perpetual duration.
2) Its purpose is to show love to people around the world through activities like providing clean water, food/shelter, education, and fundraising.
3) It is governed by a board of directors and has no members. The directors may amend the Articles of Incorporation.
OBJECTIVE
Winding up is the final stage in the business cycle of a Company. It is the process of closing down the legal existence of a company. It can be done either by the Company on its own (voluntary winding up) or by an order passed by the Tribunal (compulsory winding up). The webinar covers the aspects of various provisions involved in winding up as enshrined in Companies Act, 2013 along with judicial precedents.
Offshore Funds are funds, such as mutual funds, that exist and operate abroad in tax and regulatory friendly jurisdictions which pool and manage foreign investments into India.
In order to attract the activity of management of such fund to India the Government introduced provisions under Sec 9A of the Income Tax Act. Under these provisions, on satisfying a set of eligibility conditions, an offshore fund would not be considered a resident for tax purposes solely based on its fund manager being located in India.
The CBDT, on 5th December 2019, made a draft notification to amend the Rules for prescribing the minimum amount of remuneration to be paid to the Indian Fund Manager. It is open for Public consultation until 19th December 2019.
In this webinar, we shall under the Provisions of the special tax regime for Offshore Fund Management and the proposed rules for Remuneration. We shall also look at the state of Financial Services in India and the scope for development through Offshore Fund Management
Vietnam LAW ON ENTERPRISES - Anphabe.Comduynguyentt
This Vietnam Enterprises Law provides for the establishment, management organization and operation of limited
liability companies, shareholding companies, partnerships and private enterprises in all economic
sectors (hereinafter referred to as enterprises); provides for corporate groups.
OBJECTIVE
Compromise and arrangement is a form of Corporate Restructuring where company enters into an agreement with its creditors or members to reorganise the capital structure of the company. The webinar covers the aspects of statutory provisions pertaining to compromise and arrangement under Companies Act, 2013 in detail along with judicial precedents.
Business Law unit-v - winding up of companies
Meaning – Modes of Winding Up –Winding Up by tribunal – Voluntary Winding Up – Compulsory Winding Up – Consequences of Winding Up – Removal of name of the company from Registrar of Companies – Insolvency and Bankruptcy code - 2016. Winding up by National Company Law Tribunal (NCLT) or the Tribunal.
OBJECTIVE
Winding up is the final stage in the business cycle of a Company. It is the process of closing down the legal existence of a company. It can be done either by the Company on its own (voluntary winding up) or by an order passed by the Tribunal (compulsory winding up). The webinar covers the aspects of various provisions involved in winding up as enshrined in Companies Act, 2013 along with judicial precedents.
Offshore Funds are funds, such as mutual funds, that exist and operate abroad in tax and regulatory friendly jurisdictions which pool and manage foreign investments into India.
In order to attract the activity of management of such fund to India the Government introduced provisions under Sec 9A of the Income Tax Act. Under these provisions, on satisfying a set of eligibility conditions, an offshore fund would not be considered a resident for tax purposes solely based on its fund manager being located in India.
The CBDT, on 5th December 2019, made a draft notification to amend the Rules for prescribing the minimum amount of remuneration to be paid to the Indian Fund Manager. It is open for Public consultation until 19th December 2019.
In this webinar, we shall under the Provisions of the special tax regime for Offshore Fund Management and the proposed rules for Remuneration. We shall also look at the state of Financial Services in India and the scope for development through Offshore Fund Management
Vietnam LAW ON ENTERPRISES - Anphabe.Comduynguyentt
This Vietnam Enterprises Law provides for the establishment, management organization and operation of limited
liability companies, shareholding companies, partnerships and private enterprises in all economic
sectors (hereinafter referred to as enterprises); provides for corporate groups.
OBJECTIVE
Compromise and arrangement is a form of Corporate Restructuring where company enters into an agreement with its creditors or members to reorganise the capital structure of the company. The webinar covers the aspects of statutory provisions pertaining to compromise and arrangement under Companies Act, 2013 in detail along with judicial precedents.
Business Law unit-v - winding up of companies
Meaning – Modes of Winding Up –Winding Up by tribunal – Voluntary Winding Up – Compulsory Winding Up – Consequences of Winding Up – Removal of name of the company from Registrar of Companies – Insolvency and Bankruptcy code - 2016. Winding up by National Company Law Tribunal (NCLT) or the Tribunal.
In the attached handbook, we have included major legal compliance applicable on NGOs in India under Income Tax Act, Foreign Contribution Regulation Act, Payment of Gratuity Act, Provident Fund & Misc Provisions Act. #ngos #Taxation #Compliances #SNR #krestonsnr
Up the Ratios Bylaws - a Comprehensive Process of Our Organizationuptheratios
Up the Ratios is a non-profit organization dedicated to bridging the gap in STEM education for underprivileged students by providing free, high-quality learning opportunities in robotics and other STEM fields. Our mission is to empower the next generation of innovators, thinkers, and problem-solvers by offering a range of educational programs that foster curiosity, creativity, and critical thinking.
At Up the Ratios, we believe that every student, regardless of their socio-economic background, should have access to the tools and knowledge needed to succeed in today's technology-driven world. To achieve this, we host a variety of free classes, workshops, summer camps, and live lectures tailored to students from underserved communities. Our programs are designed to be engaging and hands-on, allowing students to explore the exciting world of robotics and STEM through practical, real-world applications.
Our free classes cover fundamental concepts in robotics, coding, and engineering, providing students with a strong foundation in these critical areas. Through our interactive workshops, students can dive deeper into specific topics, working on projects that challenge them to apply what they've learned and think creatively. Our summer camps offer an immersive experience where students can collaborate on larger projects, develop their teamwork skills, and gain confidence in their abilities.
In addition to our local programs, Up the Ratios is committed to making a global impact. We take donations of new and gently used robotics parts, which we then distribute to students and educational institutions in other countries. These donations help ensure that young learners worldwide have the resources they need to explore and excel in STEM fields. By supporting education in this way, we aim to nurture a global community of future leaders and innovators.
Our live lectures feature guest speakers from various STEM disciplines, including engineers, scientists, and industry professionals who share their knowledge and experiences with our students. These lectures provide valuable insights into potential career paths and inspire students to pursue their passions in STEM.
Up the Ratios relies on the generosity of donors and volunteers to continue our work. Contributions of time, expertise, and financial support are crucial to sustaining our programs and expanding our reach. Whether you're an individual passionate about education, a professional in the STEM field, or a company looking to give back to the community, there are many ways to get involved and make a difference.
We are proud of the positive impact we've had on the lives of countless students, many of whom have gone on to pursue higher education and careers in STEM. By providing these young minds with the tools and opportunities they need to succeed, we are not only changing their futures but also contributing to the advancement of technology and innovation on a broader scale.
Formation and registration of non profit organisationsSachin Deshmukh
Nature-objectives legal procedures formalities and
documentations required for registration. Different types of Non-Profit Organizations: NGOs Trust and Society, its
significance, differences and relationships.
FUNDRAISING AGREEMENT FORMAT
FREE LEGAL AND ACCOUNTANT FORMATS
KANOON KE RAKHWALE INDIA
HIRE LAWYER ONLINE
LAW FIRMS IN DELHI
CA FIRM DELHI
VISIT : https://www.kanoonkerakhwale.com/
VISIT : https://hirelawyeronline.com/
Legal Issues In The Workplace For Nonprofits (Pinnacle)
AH3B - WEB COPY ARTICLES OF INCORPORATION
1. ARTICLES OF INCORPORATION
ARTICLE I
NAME
1.01 Name
The name of this corporation shall be AH3B. The business of the corporation may be conducted
as AH3B.
ARTICLE II
DURATION
2.01 Duration
The period of duration of the corporation is perpetual.
ARTICLE III
PURPOSE
3.01 Purpose
AH3B is a non-profit corporation and shall operate exclusively for educational and charitable
purposes within the meaning of Section 501 (c)(3) of the Internal Revenue Code, or the
corresponding section of any future Federal tax code. AH3B’s purpose it to show love to people
of the world.
Sample purpose in detail: We show love in practical ways to the people of the world. We drill
water wells to bring immediate access to clean water. We employ people. We provide healing,
food, clothing, and shelter to those in need of these basic necessities. We house unwanted
children. We seek to build and foster international relations and relationships. We bring
entertainment to international people groups. We partner with individuals, colleges, and
universities for short-term exposure trips and internships. We bring awareness to the needs of
others through education, advertising, marketing, and partnerships. We raise funds through
earned income strategies, grants, corporate sponsorships, and private and public donations.
3.02 Public Benefit
AH3B is designated as a public benefit corporation.
ARTICLE IV
NON-PROFIT NATURE
4.01 Non-profit Nature
AH3B is organized exclusively for charitable and educational 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 federal
tax code. No part of the net earnings of AH3B shall inure to the benefit of, or be distributable to
2. its members, trustees, officers, or other private persons, except that the corporation shall be
authorized and empowered to pay reasonable salary, compensation for services rendered, and to
make payments clause hereof.
Notwithstanding any other provision of the document, the corporation shall not carry on any
other activities not permitted to be carried on by any organization exempt from federal income
tax under section 501 (c)(3) of the Internal Revenue Code, corresponding section of any future
federal tax code, of by an organization, contributions to which are deductible under section 170
(c)(2) of the Internal Revenue Code, or corresponding section of any future federal tax code.
AH3B is not organized and shall not be operated for the private gain of any person. The property
of the corporation is irrevocably dedicated to its educational and charitable purposes. No part of
the assets, receipts, or net earnings of the corporation shall inure to the benefit of, or be
distributed to any individual. The corporation may, however, pay reasonable compensation for
services rendered, and make other payments and distributions consistent with these Articles.
4.02 Personal Liability
No officer or director of this corporation shall be personally liable for the debts or obligations of
AH3B of any nature whatsoever, nor shall any of the property or assets of the officers or
directors be subject to the payment of the debts or obligations of this corporation.
4.03 Dissolution
Upon termination or dissolution of AH3B, any assets lawfully available for distribution shall be
distributed to one or more qualifying organizations described in Section 501 (c)(3) of the Internal
Revenue Code of 1986 (or described in any corresponding provision of any successor statue)
which organization or organizations have a charitable purpose which, at least generally, includes
a purpose similar to the terminating or dissolving corporation.
The organization to receive the assets of AH3B hereunder shall be selected by the discretion of a
majority of the managing body of AH3B and if its member cannot so agree, then the recipient
organization shall be selected pursuant to a verified petition in equity filed in a court of proper
jurisdiction against AH3B by one or more of its managing body which verified petition shall
contain such statements as reasonably indicate the applicability of this section. The organizations
to receive the assets to be distributed, giving preference if practicable to organizations located
within the country of Ghana or State of Pennsylvania.
In the event that the court shall find that this section is applicable but that there is no qualifying
organization known to it which has a charitable purpose, which, at least generally, includes a
purpose similar to this corporation, then the court shall direct the distribution of its assets
lawfully available for distribution Treasurer of the State of Pennsylvania to be added to the
general fund.
4.04 Prohibited Distributions
No part of the new earnings, or properties of this corporation, on dissolution or otherwise, shall
inure to the benefit of, or be distributable to, its members, directors, officers, or other private
person or individual, 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 III, Section 3.01.
4.04 Restricted Activities
3. No substantial part of the corporations’ activities shall be the carrying on of propaganda, or
otherwise attempting to influence legislation, and the corporation shall not participate in, or
intervene (including the publishing or distribution of statements) in any political campaign on
behalf of or in opposition to any candidate for public office.
4.06 Prohibited Activities
Notwithstanding any other provision of these Articles, the corporation shall not carry on any
activities not permitted to be carried on by a corporation exempt from federal income tax as an
organization described by Section 501 (c)(3) of the Internal Revenue Code, or the corresponding
section of any future federal tax code, or by a corporation, contributions to which are deductible
under Section 170 (c)(2) of the Internal Revenue Code, or the corresponding section of any
future federal tax code.
ARTICLE V
BOARD OF DIRECTORS
5.01 Governance
AH3B shall be governed by its board of directors.
5.01 Initial Directors
The initial directors of the corporation shall be Joshua Anquandah and Katie Anquandah.
ARTICLE VI
MEMBERSHIP
6.01 Membership
AH3B shall have no members. The management of the affairs of the corporation shall be vested
in a board of directors, as defined in the corporation’s bylaws.
ARTICLE VII
AMENDMENTS
7.01 Amendments
Any amendment to the Articles of Incorporation may be adopted by approval of entire board of
directors.