In general, the purpose is to carry on any other affairs in connection with the foregoing to exercise, the rights, privileges incident to or reasonable, necessary, and convenient to accomplish the purposes of this corporation and to exercise the general power of a non-profit corporation.
2.02 Corporate Powers
The corporation shall have the power, directly or indirectly, alone or in conjunction or cooperation with others, to do any and all lawful acts which may be necessary or convenient to affect the charitable purposes, for which the corporation is organized, and to aid or assist other organizations or persons whose activities further accomplish, foster, or attain such purposes. The powers of the corporation may include, but not be limited to, the acceptance of contributions from the public and private sectors, whether financial or in-kind contributions.
2.03 Nonprofit Status and Exempt Activities Limitation.
(a) Nonprofit Legal Status. The Cupps Ministries, Inc. is a Kentucky Non-profit Corporation, recognized as tax exempt under Section 501(c)(3) of the United States Internal Revenue Code.
(b) Exempt Activities Limitation. No director, officer, employee, member, or representative of this corporation shall take any action or carry on any activity by or on behalf of the corporation not permitted to be taken or carried on by an organization exempt under Section 501(c)(3) of the Internal Revenue Code as it now exists or may be amended, or by any organization contributions to which are deductible under Section 170(c)(2) of such Code and Regulations as it now exists or may be amended. Nor shall it engage in any activities which in themselves are not in furtherance of one or more of its exempt purposes.
(c) No Personal Interest. No part of the income or principal of the funds or property of the corporation shall inure to the benefit of any shareholder, member, director or officer of the corporation, or to any other individual, within the meaning of the tax exemption provisions of the law of the United States of America and the State of Kentucky.
(d) No Politics Allowed. No substantial part of the activities of the corporation shall consist of carrying on propaganda or otherwise attempting to influence legislation, and the corporation shall not participate or intervene in, including the publishing or distribution of, statements in any political campaign on behalf of any candidate for public office.
(f) No Illegal Activities. The corporation shall not engage in any activities which are unlawful under the laws of the United States of America, the State of Kentucky, or any other state; nor shall it engage in any transactions which are at the time defined as a “prohibited transaction” under the Internal Revenue Laws, codified or otherwise, of the United States of America pertaining to charitable corporations.
(g) Distribution Upon Dissolution. Upon dissolution of the corporation, the board of trustees shall, after paying or making provisions for the payment of all liabilities of the corporation,
(2)