Cathedral 1000 Endowment Fund Inc

“Individuals, families and organizations approved by the board of directors may become a member by making a written pledge to donate at least 1,000 to the corporation. A member making an additional 5,000 pledge becomes a benefactor. For all matters submitted for a vote of the members, each member is entitled to one vote and each benefactor is entitled to two votes, one as a member and the second as a benefactor.”

“Any monies to be expended or other assets of the corporation to be transferred, other than normal operating expenses such as tax preparation, corporate filing fees and similar items, require a board approved recommendation for such expenditure or transfer and the approval of the members by majority vote.”

“Form 990 is reviewed by the board of dirctors prior to filing.”

“An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the governing board or committee shall determine whether the corporation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the corporation's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination, it shall make its decision as to whether to enter into the transaction or arrangement.”

“The organization makes the governing documents and conflict of interest policy available to the public upon request.”

“To provide an endowment fund for the purpose of funding unforeseen emergencies, catastrophic events, and special urgent needs of, or as designated by, ss. Constantine & helen greek orthodox cathedral of gary- merrillville, indiana, inc., an indiana nonprofit corporation, in its religious and charitable activities.”