Articles of Association
 

Adopted September 14, 2001. Revised March 16, 2002

The undersigned, a majority of whom are citizens of the United States, desiring to form a Non-Profit Association under the laws of New York, do hereby certify:

FIRST:
The name of the Association shall be "Kamala Devi Charitable Foundation".

SECOND:
The place in this state where the principal office of the association is to be located is the city of White Plains, Westchester county.

THIRD:
The Association is formed and shall be operated exclusively for charitable, religious, educational and medical assistance purposes. In no case shall the purpose of the Association nor its activities encompass any purpose or activity not permitted to exempt organizations under Section 501(c)(3) of the Internal Revenue Code.

FOURTH:
The names and addresses of the persons who are the initial trustees of the association are as follows:

1.Name:Sugriv P Barnwal
Address:6 Clifton Lane, White Plains, NY 10605
 
2.Name:Abhijit Gupta
Adreess:3231 Montelena Dr., San Jose, CA 95135
 
3.Name:Narendra P Goyal
Adreess:40 Danberry Lane, Bridgewater, NJ 08807

FIFTH:
No part of the net earnings of the association shall inure to the benefit of, or be distributable to its members, trustees, officers, or other private persons, except that the association 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 Third hereof. No substantial part of the activities of the association shall be carrying on of propaganda, or otherwise attempting to influence legislation, and the association shall not participate in, or intervene in (including the publishing or distribution of statements) any political campaigns on behalf of or in opposition to any candidate for public office. Notwithstanding any other provision of these articles, this association shall not, except to an insubstantial degree, engage in any activities or exercise any powers that are not in furtherance of the purposes of this corporation.

SIXTH:
The Association shall have an annual meeting for the purpose of electing a Board of Directors, making changes to the By-Laws and Articles of Association and other such matters as may be provided by the By-Laws.

Each member shall have the right to appoint one representative to attend meetings of the Association. The representatives shall elect the Board of Directors of the Association, who will, in turn, elect their officers, in the manner provided by the By-Laws.

The business and affairs of the Association shall be managed by the Board of Directors. The Board may exercise all such authority and powers of the Association and do all such lawful acts and things as are authorized by statute, the By-Laws and these Articles. The Board may delegate, as appropriate, certain matters of the Association's affairs and business to others consistent with the By-Laws.

SEVENTH:
Upon the dissolution of the corporation, assets shall be distributed for one or more exempt purposes within the meaning of section 501(c) (3) of the Internal Revenue Code, or the corresponding section of any future federal tax code, or shall be distributed to the federal government, or to a state or local government, for a public purpose. Any such assets not so disposed of shall be disposed of by a Code of Competent Jurisdiction of the county in which the principal office of the association is then located, exclusively for such purposes or to such organization or organizations, as said Court shall determine, which are organized and operated exclusively for such purposes.

EIGHTH:
The Association reserves the right to amend, alter, change, or repeal any provision contained in these Articles of Association in the manner now or hereinafter prescribed by law, except that the right shall not be exercised in a manner that would produce any inconsistency with Articles Third, Fifth and Seventh of these Articles of Association.


We, the undersigned, officers of the Board of Directors of the Association, do make this certificate, hereby declaring and certifying that the facts stated are true, and accordingly have hereunto set our hands this 16th day of March, 2002.



Sugriv P Barnwal



Abhijit Gupta



Narendra P Goyal



 
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