- The name of the corporation is eSponsor Now, Inc.
- This corporation is a nonprofit public benefit corporation and is not organized for the
private gain of any person. It is organized under the Nonprofit Public Benefit Corporation Law
for public and charitable purposes.
The specific purpose of this corporation is to promote educational programs for students and athletes, and to carry on other activities associated with this goal as allowed by law. These activities shall include the instruction or training of individuals for the purpose of improving or developing their capabilities, or the instruction of the public on subjects
useful to individuals and beneficial to the community.
- This corporation is organized and operated exclusively for charitable and educational
purposes, and to provide funds
for youth, high school, and college athletic programs, within the meaning of Internal Revenue Code section 501(c)(3) or the corresponding provision of any future United States internal revenue law. Despite any other provision in these articles, the corporation shall not, except to an insubstantial degree, engage in any activities or exercise any powers that do not further the purposes of this corporation, and the corporation shall not carry on any other activities not permitted to be carried on by (a) a corporation exempt from federal income tax under Internal Revenue Code section 501(c)(3) or the corresponding provision of any future United States internal revenue law, or (b) a corporation, contributions to which are deductible under Internal Revenue Code section 170(c)(2) or the corresponding provision of any future United States internal revenue law. No substantial part of the activities of this corporation shall consist of carrying on propaganda, or otherwise attempting to influence legislation, except as otherwise permitted by Internal Revenue Code section 501(h)(9), and this corporation shall not participate or intervene in any political campaign, including publishing or distributing statements, on behalf of any candidate for public office.