Page 22 - 2025 Brethren Home Position Statement
P. 22
5) The term for which the corporation is to exist is perpetual.
6) The corporation is organized on a non-stock basis.
7) The corporation shall have no members..
8) This corporation shall be operated exclusively for charitable, scientific and educational
purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code. No member
or director of the corporation shall possess any right or title to or interest in the corporate
property or earnings of the corporation in his or her individual or private capacity and no part
of the net earnings of the corporation shall inure to the benefit of any member, director,
officer or any private shareholder or individual. No substantial part of the activities of the
corporation shall consist of carrying on propaganda or otherwise attempting to influence
legislation, nor shall the corporation participate in or intervene in any political campaign on
behalf of any candidate for public office.
9) Any references herein to specific provisions of the laws of the Commonwealth of
Pennsylvania or to specific provisions of the Internal Revenue Code shall be construed to
include subsequent amendments to such specific provisions and to include corresponding
provisions of subsequent legislation which may restate, supersede, or otherwise alter such
specific provisions.
10) Upon dissolution of the corporation, any property after providing for debts and obligations of
the corporation shall be distributed to The Brethren Home Community, a Pennsylvania non-
stock, non-profit corporation, or its successor, provided that such corporation or its successor
is then in existence and is then exempt from income taxes under Section 501(c)(3) of the
Internal Revenue Code. If upon the dissolution of the corporation, The Brethren Home
Community or its successor, is not in existence, or is not then an organization described in
Section 501(c)(3) of the Internal Revenue Code, any property of the corporation remaining
after providing for debts and obligations of the corporation shall be distributed to one of
more organizations exempt from income tax under Section 501(c)(3) of the Internal Revenue
Code, as may be designated by the Board of Directors of the corporation.
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