North Star Foundation

1) PROVIDE FOOD, CLOTHING, HOUSEHOLD GOODS, CASH, AND OTHER FORMS OF EMERGENCY ASSISTANCE AND HUMANITARIAN RELIEF FOR LOW-INCOME INDIVIDUALS AND FAMILIES WHO HAVE INSUFFICIENT RESOURCES TO MEET THEIR BASIC NEEDS(2) EQUIP AND EMPOWER INDIVIDUALS TO THRIVE(3) ERADICATE IGNORANCE, OPPRESSION, SICKNESS, AND POVERTY(4) SUPPORT OTHER 501(C)(3) ORGANIZATIONS THAT CONDUCT SIMILAR CHARITABLE ACTIVITIES AND FURTHER THE NONPROFIT'S CHARITABLE PURPOSES. THE NONPROFIT IS ORGANIZED AND OPERATES EXCLUSIVELY TO IMPROVE THE LIVES OF POOR, NEEDY, UNDERSERVED, AND IMPOVERISHED INDIVIDUALS AND FAMILIES THROUGHOUT THE COUNTRY.B. THE BOARD WILL BE CONDUCTING THE CHARITABLE ACTIVITIES, BUT HOPES TO EXPAND THE BOARD TO INCLUDE KNOWLEDGEABLE INDIVIDUALS WHO SHARE THE BOARD'S PASSION.C. THE NONPROFIT WILL INITIALLY CONDUCT ACTIVITIES LOCALLY BUT MAY EXPAND TO OPERATE THROUGHOUT THE COUNTRY AS IT RECEIVES SUFFICIENT FUNDING.D. THE NONPROFIT WILL SPEND 100 PERCENT OF ITS TIME CONDUCTING THESE CHARITABLE ACTIVITIES THAT WILL DIRECTLY BENEFIT THE POOR, NEEDY, UNDERSERVED AND IMPOVERISHED.E. THE NONPROFIT WILL BE ACTIVELY SEEKING DONATIONS FROM INDIVIDUALS, PRIVATE FOUNDATIONS, GOVERNMENT ENTITIES, AND OTHER NONPROFITS.F. SECTION 501(C)(3) OF THE CODE PROVIDES FOR EXEMPTION FROM FEDERAL INCOME TAX OF ORGANIZATIONS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES. SECTION 1.501(C)(3)-1(D)(2) OF THE INCOME TAX REGULATIONS STATES THE TERM 'CHARITABLE' IS USED IN SECTION 501(C)(3) OF THE CODE AND INCLUDES THE RELIEF OF THE POOR AND DISTRESSED OR OF THE UNDERPRIVILEGED.SEE ALSO, FOR EXAMPLE, REV. RUL. 67-138 (WHICH QUALIFIED AS A 501(C)(3) FOR ASSISTING LOW-INCOME FAMILIES TO OBTAIN AFFORDABLE HOUSING), AND REV. RUL. 69-161 (PROVIDING FREE LEGAL SERVICES TO LOW-INCOME INDIVIDUALS IS CHARITABLE), REV. RUL. 70-585 (ORGANIZATION QUALIFIED FOR EXEMPTION BECAUSE IT PROVIDED HOUSING TO LOW-INCOME FAMILIES), REV. RUL. 69-441 (FINANCIAL COUNSELING TO LOW-INCOME FAMILIES WAS A CHARITABLE ACTIVITY), AND REV. RUL. 68-117 (AN ORGANIZATION THAT ASSISTED NEEDY FAMILIES IN DEVELOPING COUNTRIES QUALIFIED FOR EXEMPTION).THESE RULINGS MAKE IT CLEAR THAT AN ORGANIZATION QUALIFIES FOR EXEMPTION WHEN PROVIDING SERVICES THAT BENEFIT A CHARITABLE CLASS. LIKE THOSE ORGANIZATIONS DESCRIBED IN THE REVENUE RULINGS, THE NONPROFIT WILL BE PROVIDING FREE SERVICES AND ASSISTANCE TO MEMBERS OF A CHARITABLE CLASS: LOW-INCOME INDIVIDUALS OR FAMILIESAS A RESULT, THE NONPROFIT QUALIFIES AS A 501(C)(3) AS THE ACTIVITIES FURTHER ONE OR MORE CHARITABLE PURPOSES.