Said corporation is organized exclusively for charitable, religious, educational, and scientific purposes, including, for such purposes, the mailing of distributions to organizations that qualify as exempt organizations under section 501 (3) c of the Internal Revenue Code, or corresponding section of any future federal tax code.
1. No part of the next earning of the corporation will 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 in Article Third* hereto. 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 any political campaign on behalf of or in opposition to any candidate for public office.
2. No member of the said corporation shall benefit personally through arrangements with a conference, retreat, or any and all other activities that result from, are the responsibility of, or have personal or familial connections with a member of the said corporation. Further the said corporation will consider out of order any opportunities that create a conflict of interest with any member of the corporation.
Improving Social Studies Education in Tennessee for Over 30 Years
