Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / foundation-organizational-resolutions.docx
foundation-organizational-resolutions.docx
Parties
New York Not-for-Profit Corp
Harkness LLP
Caldwell Ridgeline Capital LLC
Stonecrest Realty Holdings LLC
Meridian Crest Partners LLC
Strathmore Corp
Greaves LLP
Havensbrook Wealth Advisors LLC
Dates
March 20, 2023
December 31, 2023
May 15, 2023
July 14, 2023
April 1, 2023
Amounts
$25,000
$10,000,000
$5,000,000
$500,000
$5,000
Obligations
Victoria Chambers advised the Board that, pursuant to the N-PCL and the Foundation's Bylaws (as proposed for adoption), the Foundation shall have the following officers: President, Vice President, Secretary, and Treasurer
Any such compensation shall be based on comparable market rates for independent directors serving on boards of similarly situated private foundations and shall be approved by the disinterested members of the Board
Directors shall serve for terms of two (2) years, with staggered terms to be implemented following the initial organizational period
Each committee shall consist of not fewer than three (3) directors, and each committee shall act in an advisory capacity unless the Board expressly delegates decision-making authority
The fiscal year of the Foundation shall end on December 31 of each year
The Foundation shall indemnify its directors and officers to the fullest extent permitted under the N-PCL, as set forth in Article VII of the Bylaws