1. Roll Call by Secretary
2. Call to order and Determination of Quorum by Chairman of the Board
Quarum established by Secretary Richard Ashbrook acting Chairman of the Board.
3. Reading of the Minutes from Previous Meeting by Secretary.
Motion to waive requirements of reading the minutes of the previous meeting made by Ian
and seconded by Christie. Motion passed by acclimation.
4. Motion to amend Article III of the Articles of Incorporation of the Alpha Phi Foundation of Alpha Kappa Psi, Inc. to read as follows:
"Said corporation is organized exclusively for charitable, religious, educational, and scientific purposes, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations under section 501 (c) (3) of the Internal Revenue Code, or the corresponding section of any future federal tax code.
One of the specific objectives of the corporation under the previous paragraph is to support the Alpha Phi chapter of Alpha Kappa Psi at the University of Florida’s Warrington College of Business. To support the chapter and its alumni association through scholarships, educational seminars, provide training for interviews and job skills. To provide a permanent location to organize these activities, along with study areas for students, non- profit housing, a library and seminar rooms for members.
Said corporation while engaging in any of its activities shall not discriminate based on race, color, national origin, religion, gender, age or disability."
Motion aproved by 81.8% of the directors voting in favor as per Article XI of the Articles of Incorporation.
5. To amend Article XII of the Articles of Incorporation of the Alpha Phi Foundation of Alpha Kappa Psi, Inc. to read as follows:
"Upon the dissolution of the corporation, assets shall be distributed for one or more exempt purposes within the meaning of section 501 (c) (3) of the Internal Revenue Code, or the 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 so disposed shall be disposed of by a Court of Competent Jurisdiction of the county in which the principal office of the corporation 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."
Motion aproved by 81.8% of the directors voting in favor as per Article XI of the Articles of Incorporation.