Lambda Center Houston

Lambda Center Articles of Incorporation
Incorporated: April 14, 1978 Revised: December 20, 1995

Article I

The name of the corporation is Lambda Center.

Article II

The corporation is a non-profit corporation. 

Article III

The period of its duration is perpetual.

Article IV

The Corporation is organized exclusively for charitable, scientific and educational purposes as defined in Section 501(c) (3) of the Internal Revenue Code.

No part of the net earnings of the Corporation shall inure to the benefit of any director of the Corporation, officer of the corporation, or any private individual (except reasonable compensation may be paid for services actually rendered to or for the Corporation affecting one or more of its purposes); and no director, officer or any private individual shall be entitled to share in the distribution of any of the corporate assets on dissolution of the Corporation. 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 publication or distribution of statements) any political campaign on behalf of any candidate for public office.

The Corporation shall not conduct or carry on any activity not permitted to be conducted or carried on by an organization exempt from taxation under Section 501 (c) (3) of the Internal Revenue Code and the Regulations of the Internal Revenue Service as they now exist or as they may hereafter be amended, or by an organization, contributions to which are deductible under Section 170 (c) (2) of the Internal Revenue Code and Regulations as they now exist or as they may hereafter be amended.

Upon dissolution of the Corporation or the winding up of its affairs, the assets of the Corporation shall be distributed exclusively to charitable organizations which would they qualify under the provisions of Section 501 (c) (3) of the Internal Revenue Code and Regulations as they now exist or as they may hereafter be amended. The Corporation is organized pursuant to the Texas Non-Profit Corporation Act and does not contemplate pecuniary gain or profit and is organized for nonprofit purposes.

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