55600.00206\42126426.1
ARTICLES OF INCORPORATION
OF
[THE CITY OF SAN BERNARDINO FOUNDATION FOR COMMUNITY &
ECONOMIC GROWTH]
ARTICLE I
NAME
The name of this corporation is [The City of San Bernardino Foundation for Community & Economic Growth] (“Corporation”).
ARTICLE II
REGISTERED OFFICE ADDRESS
The principal office of the Corporation shall be located at 290 North D Street, Third Floor, San Bernardino, CA 92401. The name and address of the Corporation’s initial agent of service of process is:
Sonia R. Carvalho
290 North D Street
Third Floor
San Bernardino, CA 92401
ARTICLE III
PURPOSE
A. The Corporation is a nonprofit public benefit corporation and is not organized for the private gain of any person. It is organized under the Nonprofit Public Benefit Corporation Law for purpose purposes.
B. The specific purpose of the Corporation is to (i) develop a business and visitor center in the City of San Bernardino (“City”) in the State of California; (ii) promote and expand businesses in the City ; (iii) provide information and resources to businesses and visitors to the City; and (iv) carry on other activities associated with this goal as allowed by law.
ARTICLE IV
LIMITATION OF CORPORATE ACTIVITIES
A. The Corporation is organized and operated exclusively for public purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986, as amended (“Code”), or the corresponding provisions of any future federal internal revenue law.
B. Notwithstanding any other provision of these Articles of Incorporation, the Corporation shall not, except to an insubstantial degree, engage in any activities or exercise any powers that do not further the purposes of the Corporation, and the Corporation shall not carry on any other activities not permitted to be carried on by (a) a corporation exempt from federal income 55600.00206\42126426.1
tax under Section 501(c)(3) of the Code or (b) a corporation, contributions to which are deductible under Section 170(c)(2) of the Code.
C. No substantial part of the activities of the Corporation shall consist of lobbying or carrying on propaganda, or otherwise attempting to influence legislation, and the Corporation shall not participate or intervene in (including publishing or distributing statements) any political campaign on behalf of, or in opposition to, any candidate for public office.
D. All corporate property is irrevocably dedicated to the purposes set forth in Article III. No part of the net earnings of the Corporation shall inure to the benefit of any of its directors, trustees, officers, members, or to individuals.
ARTICLE V
DISSOLUTION
Upon the liquidation, dissolution or winding up of the Corporation, and after paying or adequately providing for its debts, obligations, and liabilities of the Corporation, the remaining assets of the Corporation shall be distributed to an organization (or organizations) organized and operated exclusively for the purposes for which the Corporation was established , if the organization has established its tax -exempt status under Section 501(c)(3) of the Code (or corresponding provisions of any future federal internal revenue law); and has established its tax - exempt status under Section 23701d of the California Revenue and Taxation Code ; and satisfies the requirements of Section 214 of the California Revenue and Taxation Code.
Date: March___, 2024
____________________________________
Sonia R. Carvalho
Incorporator