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