NORTHEAST MISSOURI ASSOCIATION OF PHI BETA KAPPA CONSTITUTION
This Society is a constituent member of the Phi Beta Kappa Society, an unincorporated organization (hereinafter, the “Phi Beta Kappa Society”), or its successor-in-interest, and shall be known as the Northeast Missouri Association of Phi Beta Kappa.
This Society is under the general supervision and control of the Phi Beta Kappa Society. The object of the Association shall be the union of the members of Phi Beta Kappa in such region as may be defined in its bylaws, with a view to the promotion of scholarship, friendship, and cultural interests.
Every member of Phi Beta Kappa of whatever chapter resident in said region shall be regarded as eligible for membership and , in so far, as addresses are known and it is practicable, should be notified al least once each year of his or her eligibility. No person not a member of Phi Beta Kappa may be elected to membership.
At least one meeting shall be held each year. Meetings should in general be dignified and scholarly in character.
V. The Council
A delegate or, if the membership of the Association is 200 or more, two delegates, may be sent to represent the Association at each meeting of the Council of Phi Beta Kappa, provide that the Association is accredited by the Senate as an active association; that is, as duly chartered and having at least twenty-five members in good standing, at least one meeting each year, and fees to the Phi Beta Kappa Society fully paid, and as having acted in harmony with the laws, requirements and ideals of Phi Beta Kappa.
This Association shall contribute such equitable share to the financial support of the Phi Beta Kappa Society and shall be entitled to receive such publications and services as the Senate may from time to time determine.
VII. Tax Exempt Status
This Society is organized and is to be operated exclusively for charitable and educational purposes within the meaning of Internal Revenue Code §501(c)(3) (references herein to the Internal Revenue Code, hereinafter “IRC,” include the corresponding section(s) of any future United States tax code).
No part of the net earnings of this Society shall inure to the benefit of, or be distributable to, its directors, officers, members, trustees, or other private persons, except that the Society shall be authorized and empowered to pay reasonable compensation for-services rendered and to make payment: and distributions in furtherance of the purposes set forth herein. No substantial part of the activities of the Society shall be the carrying on of propaganda, or otherwise attempting to influence legislation, and the Society shall not participate in, or intervene in (including the publishing or distribution of statements), any political campaign on behalf of or in opposition to any candidate for public office. Notwithstanding any other provision herein. the Society shall not carry on any activities not permitted to be carried on (a) by an organization exempt from federal income tax under IRC §501(c)(3), or (b) by an organization, contributions to which are deductible under IRC §§170(c)(2), 2055(a)(2), or 2522(a)(2).
Upon the dissolution of this Society, after paying or making provision for the payment of all of the lawful debts and liabilities of the Society, the assets shall be distributed to one or more of the following categories of recipients, as the Society shall determine:
1. A nonprofit organization or organizations which may have been created to succeed the Society, as long as such organization or each such organization shall qualify as an organization described in §501(c)(3); and/or
2. The Phi Beta Kappa Society, provided that it shall qualify at the time of distribution as an organization described in IRC §501(c)(3); and/or
3. A nonprofit organization or organizations having similar aims and objectives as the Society and which may be selected as an appropriate recipient of such assets, as long as such organization or each such organization shall qualify as an organization described in IRC §50l(c)(3); and/or
4. The Federal government, or to a State or local government, but only if such assets will be used for a public purpose.
Provisions shall be made by bylaws for the election of officers, notification of members, conduct of meetings, and such other matters as may be deemed proper or may be required by the Phi Beta Kappa Society; provided that such bylaws shall contain nothing inconsistent with this Constitution or with the Constitution and Bylaws of the Phi Beta Kappa Society, and that they and all later amendments shall not become effective until approved by the Senate.