Federal Bar Building Corporation

“The Board of Directors is elected by a majority vote of the members of the National Council of the Federal Bar Association. Each Director is subject to removal at any time by a majority vote of the members of the National Council of the Federal Bar Association. The Board of Directors shall consist of seven persons who are members in good standing of the Federal Bar Association and shall have continuously been members for at least the ten (10) immediately preceding years before being elected a Director. At all times, at least four (4) members of the Board shall be past Presidents of the Federal Bar Association.”

“An independent, outside CPA firm prepares the Form 990. The 990 is reviewed by management and provided to the Board of Directors before filing with the IRS.”

“These items are made available at the Organization's offices upon request.”

“The Corporation is organized for the exclusive purpose of holding title to property, collecting income therefrom, and turning over the entire amount thereof, less expenses and less reasonable amounts invested for the purpose of growth and income with which to meet those expenses, to organizations which are exempt from Federal income taxation under provisions of Section 501(c) of the Internal Revenue Code as the same may be amended or replaced, or corresponding provisions of any subsequent Federal tax law. The specific objects and purposes of the Corporation are as follows: (a) To build or acquire and maintain real estate primarily designed for occupancy by the Federal Bar Association and The Foundation of the Federal Bar Association, to house their offices, meeting and library facilities. (b) To collect income from any and all property held by the Corporation and turn over the entire amount thereof periodically, less expenses and less reasonable amounts invested for the purpose of growth and income with which to meet those expenses, exclusively to the Federal Bar Association, a non-profit corporation of the District of Columbia, or The Foundation of the Federal Bar Association, a non-profit corporation created by an Act of Congress, or both, as determined by the Board of Directors hereof, so long as such organizations continue to be exempt from Federal income taxation under the Code, and in the event they do not, then to an organization which is so exempt, for the following purposes, or any of them: (1) To advance the science of jurisprudence; (2) To uphold high professional standards and respect for the Federal judiciary and for attorneys representing the Government of the United States; (3) To enhance the administration of justice, including the study of procedures to advance the progress of law and its efficient administration in the several Federal departments and establishments and those of the District of Columbia; (4) To cultivate knowledge of the law and the science of jurisprudence and research therein, and to support seminars, lectures, and studies devoted to the law, and the publication of addresses, essays, treatises, reports and other literary works by students, practitioners, and teachers of law; (5) To promote better understanding of the law through the encouragement of the study of law and facilities for scholarship opportunities; (6) To encourage cordial relations among all members of the legal profession and to enhance its prestige and dignity in cooperation with other bar associations, domestic and foreign; and (7) To provide for the acquisition, preservation and exhibition of rare books and documents, sculptures, paintings and other objects of art and historical interest relating to the law, the courts and the legal profession.”

“The Organization's Board of Directors is responsible for oversight of the audit, including selection of the independent accountant. The process has not changed from prior years.”