The Sarasota Choral Society: This Corporation is organized and shall be operated exclusively for the purpose of furthering and promoting individual and group singing and choral activities of all kind, nature, and description in Sarasota County, Florida, and in all other parts of the United States of America.
The Sarasota Choral Society Foundation: The general nature, object, and purposes of the corporation shall be to operate without profit and to accept and receive, property of whatever kind, and wherever situate, received by it by gift, grant, purchase, devise, bequest, or in any lawful manner and to administer and distribute such property exclusively for health, welfare, scientific, educational, environmental, cultural, and other charitable purposes, including:
a. To encourage contributions of property, which will be used for, the granting of periodic scholarships to individuals interested in furthering their musical education and evidencing outstanding achievement in the musical area or outstanding need for funds to further said musical education.
b. To modify any restriction or condition on the administration and distribution of funds for any specified purpose consistent herewith if in the sole judgment of the board of directors (without the necessity of approval of any trustee, custodian, or agent), such restriction or condition becomes, in effect, unnecessary, incapable of fulfillment, or inconsistent with the designated purposes of the corporation.
No part of the net earnings of the corporation shall 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 herein. 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 (including the publishing or distribution of statements) any political campaign on behalf of any candidate for public office. Notwithstanding any other provisions of these Articles, the corporation shall not carry on any activities not permitted to be carried on by a corporation exempt from Federal Income Tax under 501(c)(3), of the Internal Revenue Code of 1954 (or the corresponding provision of any future United States Internal Revenue Law).