Mission statement
of The Sarasota Choral Society:
This Corporation is organized and
shall be operated exclusively for the purpose of
furthering and promoting individual and group singing
and choral activities of all kind, nature, and
description in Sarasota County, Florida, and in all
other parts of the United States of America.
Mission statement of The Sarasota Choral Society
Foundation: The general nature, object, and purposes
of the corporation shall be to operate without profit
and to accept and receive, property of whatever kind,
and wherever situate, received by it by gift, grant,
purchase, devise, bequest, or in any lawful manner and
to administer and distribute such property exclusively
for health, welfare, scientific, educational,
environmental, cultural, and other charitable purposes,
including:
a. To encourage contributions of
property, which will be used for, the granting of
periodic scholarships to individuals interested in
furthering their musical education and evidencing
outstanding achievement in the musical area or
outstanding need for funds to further said musical
education.
b. To modify any restriction
or condition on the administration and distribution
of funds for any specified purpose consistent
herewith if in the sole judgment of the board of
directors (without the necessity of approval of any
trustee, custodian, or agent), such restriction or
condition becomes, in effect, unnecessary, incapable
of fulfillment, or inconsistent with the designated
purposes of the corporation.
No part of the net earnings of the
corporation shall inure to the benefit of or be
distributable to its members, trustees, 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 herein. 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
provisions 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 under
501(c)(3), of the Internal Revenue Code of 1954 (or the
corresponding provision of any future United States
Internal Revenue Law). |
