Page 26 - 2025 Brethren Home Position Statement
        P. 26
     1. Although  the  District,  the  Foundation  and  the  Community  share  a  common  interest  in
                       carrying  out  the  Christian  mission  of  the  Church  and  in  the  charitable  purposes  of  the
                       Foundation and the Community, the District, the Foundation and the Community recognize
                       each other as independent legal entities.  Each organization is incorporated  separately and
                       has its own governing board.  Neither is owned by the others nor is either the partner or agent
                       of  the  others.  Each  organization  holds  no  legal  right,  title,  or  equitable  interest  in  any
                       property, including real, personal or intangible property, or assets, of the other. Neither the
                       District  nor  the  Foundation  nor  the  Community  accepts  any  legal  responsibility  for  the
                       operations of the other. The District, the Foundation and the Community agree to hold each
                       other harmless for any liabilities arising out of this Statement of Covenant Relationship.
                   2. The District agrees to relinquish all rights in or control of the Foundation as its member.  The
                       District agrees that its members of the churches which belong to the District shall no longer
                       hold any rights as voting members on the Board of the Foundation, and the District shall have
                       no further authority regarding the governance of or transactions involving the Foundation as
                       set forth in Article I of the Bylaws of the Foundation.  The District hereby consents, agrees,
                       and approves to such amendments to the governance of the Foundation.
                   3. While the Foundation and the Community, through the programs and services which they
                       provide, their history, charter and Bylaws, reflect a strong relationship with the District, the
                       Foundation  and  the  Community  are  solely  responsible  for  making  governance  decisions
                       affecting  the  purpose,  mission,  policies,  administration,  and  corporate  actions  of  each
                       organization.    The  Foundation  and  the  Community  agree  to  receive  nominations  from  the
                       District for consideration of service on each organization’s Board of Directors.  As reflective
                       of the ongoing relationship with the District and the Church, orientation for service on the
                       respective  Boards  of  the  Foundation  and  Community  shall  include  instruction  on  the
                       Church’s  values  and  mission,  as  well  as  the  Foundation’s  and  Community’s  longstanding
                       relationship with the District.  At such times and as deemed appropriate by the Board of the
                       Foundation and the Board of the Community, a designated appointee from the District may
                       be invited to attend Board meetings of the Foundation and Community.
                   4. The District agrees to surrender any secondary legal right, title, or equitable interest in the
                       any charitable assets or proceeds of the Foundation upon its dissolution, and hereby consents,
                       agrees  and  approves  to  such  surrender,  as  reflected  in  the  proposed  Amendments  to  the
                       Articles of Incorporation of the Foundation, with such approval evidenced by its signature
                       affixed hereto.
                   5. The  District,  on  one  hand,  and  the  Foundation  and  the  Community,  on  the  other,  are  not
                       contractually or legally obligated to any particular level or amount of financial support to the
                       other.    Neither  the  District  nor  the  Foundation  nor  the  Community  accepts  any  financial
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