Article I – Name and Purpose
1.1 Name
The name of this nonprofit organization is Charity Fund. It is incorporated as a nonprofit corporation under the laws of the State of Alabama (the “Corporation”).
1.2 Purpose
The Corporation exists to simplify charitable giving by connecting donors—both individuals and organizations—with trusted, high-impact nonprofit causes. The Corporation primarily uses donated funds to perform charitable acts and provide direct services to vulnerable populations. Additionally, the Corporation may consider partnerships with other charitable organizations to further its mission of promoting sustainability, human well-being, and ethical leadership.
Article II – Offices
The principal office shall be located in the State of Alabama. The Corporation may have additional offices as the Executive Director deems necessary.
Article III – Governance
3.1 Executive Authority
The Executive Director shall serve as the chief executive officer of the Corporation and shall have full authority over all operations, finances, programs, and administration of the Corporation. The Executive Director may act unilaterally in all matters unless otherwise required by law.
3.2 Board of Directors (Optional)
The Corporation may, at the discretion of the Executive Director, appoint a Board of Directors for advisory purposes. Any such board shall serve in a non-governing, non-voting capacity unless otherwise specified by the Executive Director.
3.3 No Members
The Corporation shall have no members. Any reference to “members” shall be understood to be honorary or advisory only and shall not confer voting or governance rights.
Article IV – Officers
4.1 Designation
The Corporation shall have the following officers, appointed and removed at the discretion of the Executive Director:
President (Executive Director)
Secretary
Treasurer
4.2 Duties
The President (Executive Director) shall have full executive and administrative authority.
The Secretary shall maintain records and minutes, as delegated.
The Treasurer shall manage financial reporting, as delegated.
Article V – Meetings
5.1 Meetings
The Corporation is not required to hold annual or regular meetings. Meetings may be called at the discretion of the Executive Director.
Article VI – Fiscal Year
The fiscal year of the Corporation shall begin on the first day of January and end on the last day of December each year.
Article VII – Amendments
These Bylaws may be amended at any time by the Executive Director. No approval or vote by a board or membership body is required.
Article VIII – Indemnification
The Corporation shall indemnify and hold harmless its Executive Director, officers, and agents to the fullest extent permitted by law.
Article IX – Dissolution
Upon the dissolution of the Corporation, all assets shall be distributed to charity: water (EIN: 22-3936753), a nonprofit organization recognized as exempt under Section 501(c)(3) of the Internal Revenue Code, provided it is still in existence and remains in good standing as a 501(c)(3) organization at that time.
If charity: water is unable to receive the assets for any reason, then assets shall instead be distributed for one or more exempt purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code, or 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 court of competent jurisdiction of the county in which the principal office of the Corporation is then located, exclusively for such purposes.
Article X – Transparency
10.1 Voluntary Disclosure
The Corporation is committed to financial transparency and good stewardship. It is the Corporation’s intent to publish a summary of charitable distributions and operational expenses on its official website at the end of each fiscal year.
10.2 Public Inquiries
The Corporation welcomes questions from members of the public, donors, and partners regarding its charitable spending and operations. While not legally obligated to disclose all information, the Corporation will make a good faith effort to provide requested information in a timely and cooperative manner.
10.3 No Legal Obligation
Nothing in this Article shall be construed as creating a legal obligation to publish or disclose any specific information, nor shall failure to do so be considered a breach of these Bylaws
Article XI – 501(c)(3) Compliance
11.1 Charitable Purpose
This Corporation is organized and shall be operated exclusively for charitable, religious, educational, or scientific purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code (or the corresponding section of any future federal tax code).
11.2 Private Inurement
No part of the net earnings of the Corporation shall inure to the benefit of, or be distributable to, its directors, 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 these Bylaws.
11.3 Political Activity
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 or in opposition to any candidate for public office.
11.4 Compliance
The Corporation shall make good faith efforts to remain in compliance with the requirements of:
a) Section 501(c)(3) of the Internal Revenue Code, and
b) Section 170(c)(2) of the Internal Revenue Code, regarding tax-exempt status and the deductibility of contributions.