BL 1.04 Said organization is organized exclusively for charitable, religious, educational, and scientific purposes, including, for such purposes, the making of distributions to organizations qualifying as an exempt organization from Federal income tax under section 501 (c) (3) of the Internal Revenue Code, or corresponding section of any future Federal Tax code.
By-law Section 2 Objectives
BL2.01Reviewindividual applicants totheAcademythrough a ReviewBoardappointed bytheGoverning Board. Theywill examinetheapplicant’ssubmittedformsandwithascheduled interviewdetermineonthebasisofeducation,experience,and personal giftstheneedsofeachindividualapplicantintheAcademy.
BL 4.08a. In the event Beyond the River Academy is dissolved as an educational institution, the following division of assets will take place: 1) online course materials shall become the property of respective teachers, 2) all outstanding bills will be paid from the treasury, 3) uncompleted courses will be refunded on a prorated basis, 4) faculty compensation will be paid proportional to the work completed, and 5) any amount remaining in the treasury will be donated to the pastor training fund maintained by LCMC. Adopted 6/25/2010
BL 4.08b. No part of the net earnings of the organization shall inure to the benefit of, or be distributable to its members, trustees, officers, or other private persons, except the organization shall be authorized and empowered to pay reasonable compensation for services rendered and to make payments and distributions in furtherance of the purposes set forth in the purpose clause hereof. No substantial part of the purpose of the organization shall be the carrying on of propaganda, or otherwise attempting to influence legislation, and the organization shall not participate in, or intervene in (including the publishing or distribution of statements) any political campaign on behalf of any candidate for public office. Notwithstanding any other provision of this document, the organization shall not carry on any other purpose not permitted to be carried on (a) by an organization exempt from Federal income tax under section 501 (c) (3) of the Internal Revenue Code, or corresponding section of any future Federal tax code, or (b) by an organization, contributions to which are deductible under section 170 (c) (2) the Internal Revenue Code, or corresponding section of any future Federal tax code. Adopted 9/15/2010
BL 4.08c. Upon the dissolution of the organization, assets shall be distributed for one or more exempt purposes within the meaning of the section 501 (c) 3 of the Internal Revenue Code, or corresponding section of any future Federal tax code, or shall be distributed to the Federal government, or to a state or local government, for a public purpose. Any such assets not disposed of shall be disposed of by the Court of Common Pleas of the county in which the principal office of the organization is then located, exclusively for such purposes or to such organization or organizations, as said Court shall determine, which are organized and operated exclusively for such purposes. Adopted 9/15/2010
By-law Section 5 Academy Officers
BL5.01TheAcademyshallhaveasitsofficersapresident,avice-president,a secretary,and atreasurerand such otherofficersastheGoverning Boardshall,fromtimetotime,create.
BL6.01Theby-lawsoftheAcademymay beamended atanyregularmeetingoftheGoverning Boardwheretheamendment totheby-lawshas beenpresented in writingbytheboard memberproposingittendayspriortothemeeting.
Appendix A: Policies of Beyond the River Academy
.01 Policy on Conflict of Interest Any director, principal officer, or member of the board of directors who has a direct financial interest in the outcome of a procedure must absent himself from discussion and the vote on the procedure. He/She may make a presentation regarding the compensation after disclosing the conflict of interest and prior to discussion and voting. Adopted 6/25/2010
.02 Policy on Disposing of Real Assets In the event Beyond the River Academy receives the donation of any real property, a receipt will be prepared for the donor indicating the appraised value of the property determined by an appraiser not connected to the Academy or the donor by business or family connections. The appraised value will determine the value of the property when it is offered for sale. The receipt to the owner and a duplicate copy will also indicate any conditions by the donor placed on the use or dispersal of the donation. Adopted 6/25/2010
.03 Policy on Intellectual Property The intellectual property of Beyond the River Academy is the material each instructor uses in the course(s) taught. Such property will be owned by BTRA while the instructor is part of the BTRA teaching staff. Since each instructor’s material is unique to him/her, it will pass to their ownership when they are no longer associated with BTRA.
.04 Policy on Discrimination Beyond the River Academy admits students and staff of any race, color, national origin, and ethnic origin to all the rights, privileges, programs, and activities generally accorded or made available to students and staff at the school. It does not discriminate on the basis of race, color, national origin, and ethnic origin in administration of its educational policies, admission policies, scholarship and loan programs, employment, and other school administered programs. Adopted 6/25/2010