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File #: 161061    Version: Name:
Type: Bill Status: LAPSED
File created: 12/1/2016 In control: Committee on Finance
On agenda: Final action:
Title: Authorizing City Officials to File Articles of Incorporation to establish a Non-Profit Corporation that shall be called The Philadelphia School Teacher's Reimbursement Fund, Inc., for the purpose of reimbursing personal money spent by teachers of the Philadelphia School District for the purchase of supplies, materials, and equipment needed for their classrooms.
Sponsors: Councilmember Oh
Indexes: THE PHILADELPHIA SCHOOL TEACHERS REIMBURSEMENT FUND, INC.
Attachments: 1. 161061 - Exhibit A, As Amended.pdf, 2. Bill No. 16106101, As Amended.pdf
Title
Authorizing City Officials to File Articles of Incorporation to establish a Non-Profit Corporation that shall be called The Philadelphia School Teacher's Reimbursement Fund, Inc., for the purpose of reimbursing personal money spent by teachers of the Philadelphia School District for the purchase of supplies, materials, and equipment needed for their classrooms.

Body
WHEREAS, Due to the Philadelphia School District's continuing structural deficits, many schools in Philadelphia lack basic school supplies and materials for their students; and

WHEREAS, The City of Philadelphia recognizes that some Philadelphia teachers are spending significant amounts of personal income to provide teaching materials such as books, art supplies, and electronics that are lacking in their classrooms; and

WHEREAS, Until the Philadelphia School District achieves long-term fiscal health along with effective management of its operations, a funding source dedicated solely for reimbursing teachers to purchase school supplies and teaching materials is necessary in the City of Philadelphia; now, therefore

THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

SECTION 1. The Mayor and the President of City Council are hereby authorized to file, as incorporators, articles of incorporation for The Philadelphia School Teacher's Reimbursement Fund, Inc., with the Secretary of the Commonwealth of Pennsylvania. The Articles of Incorporation shall be substantially in the form set forth in Exhibit "A," attached hereto, with such changes as the City Solicitor deems necessary or desirable.

SECTION 2. The Chief Clerk of City Council shall keep Exhibit "A" to this Ordinance on file and make it available to the Public for inspection and copying during regular office hours.

SECTION 3. Effective Date. This Ordinance shall take effect on July 1, 2017.

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Exhibit "A"

COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF STATE
CORPORATION BUREAU
ARTICLES OF CORPORATION


In compliance with the requirements of the Nonprofit Corporation Law of 1988, as amended, 15 Pa. C.S.A. ยง5306, the undersigned, all of whom are individuals of full age, desiring to form a nonprofit corporation, do hereby certify:

1. Name. The name of the corporation is: The Philadelphia School Teacher's Reimbursement Fund.

2. Address. The location and post-office address of the corporation's initial registered
office in this Commonwealth is:





3. Purposes. The corporation is incorporated under the Nonprofit Corporation Law of
the Commonwealth of Pennsylvania, and the Corporation does not contemplate pecuniary gain or profit, incidental or otherwise. The nature of the activities to be conducted, and the purpose shall be exclusively to reimburse personal money spent by teachers of the Philadelphia School District for the purchase of supplies, materials, and equipment needed for their classrooms consistent with Section 501(c)(3) of the Internal Revenue Code, or the corresponding provisions of any subsequent tax laws of the United States. The Corporation is empowered to do all things which may be necessary, appropriate or convenient to the achievement of the foregoing purposes and which may lawfully be done by a nonprofit corporation under and pursuant to the laws of the Commonwealth of Pennsylvania.

4. Term of Existence. The Corporation shall exist for a perpetual term.

5. Non-Stock. The Corporation shall not have or issue shares of stock, nor shall it pay
dividends.

6. No Members. The Corporation shall have no members.

7. Governance. There shall be a Board of Trustees consisting of seven to fifteen
Members nominated by the Mayor of the City of Philadelphia and approved by the City Council
of Philadelphia. All such Trustees shall have teacher certification from the Pennsylvania Department of Education and a minimum of 5 years of classroom experience; none shall be elected officials, or their staff. A quorum shall consist of a majority of the Trustees. The Trustees shall select their own Chairperson. The Trustees shall in their sole discretion determine whether and to what amount to reimburse teachers for qualified educational expenditures. The Trustees shall promulgate such criteria and procedures to regulate their reimbursement process.

8. Restrictions. No part of the net earnings of the Corporation shall inure to the benefit
of, or be distributable to, its members, directors, officers, or other private persons, except that the Corporation 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 Article 3 hereof. Except as may be permitted under the provisions of Section 501(h) of the Internal Revenue Code of 1986, or corresponding provisions of any subsequent tax laws of the United States, no substantial part of the activities of the Corporation shall consist of the carrying on of propaganda, or otherwise attempting to influence legislation. The Corporation shall neither participate nor intervene in (including the publication or distribution of statements) any political campaign on behalf of or in opposition to any candidate for public office, nor shall it take a position on any issue raised in a political campaign for the purpose of aiding or opposing any candidate. Any other provision of these Articles of Incorporation to the contrary notwith-standing, the Corporation shall not carry on any activities not permitted to be carried on: (a) by a corporation exempt from Federal Income Tax under Section 501(a) and Section 501(c)(3) of the Internal Revenue Code of 1986, or the corresponding provisions of any subsequent tax laws of the United States; or (b) by a corporation, contributions to which are deductible under Section 170(a) and Section 170(c)(2) of the Internal Revenue Code of 1986, or the corresponding provisions of any subsequent tax laws of the United States.

9. Termination. Upon any dissolution or termination of the existence of the
Corporation, all of its property and assets shall, after payment or making provision for payment of the lawful debts of the Corporation and the expenses of its dissolution or termination, be delivered, conveyed and paid over, if accepted, to the City of Philadelphia for exclusively public purposes. If such property and assets are not so delivered, conveyed and paid over, then such property and assets shall be delivered, conveyed and paid over to such one or more qualified organizations as may be ordered by the court having jurisdiction of the dissolution and liquidation of the Corporation, pursuant to the appropriate subchapter of Chapter 59 of Title 15 of the Consolidated Pennsylvania Statutes. Any provision of law to the contrary notwith-standing, the Corporation shall not be merged or consolidated with any corporation other than a qualified organization. As used in this Article 8, the term "qualified organization" shall mean an organization described in either Section 501(c)(3) or section 170(c)(1) of the Internal Revenue Code of 1986, or corresponding provisions of any subsequent tax laws of the United States (but only if the property delivered, conveyed and paid over to such organization described in Section 170(c)(1) is to be used for exclusively public purposes).

10. Incorporators. The names and addresses of the incorporators are as follows:

Name Address

James Francis Kenney, Mayor 205 City Hall
City of Philadelphia Philadelphia, Pennsylvania 19107

Darrell L. Clarke, President 490 City Hall
City Council of Philadelphia Philadelphia, Pennsylvania 19107


In testimony thereof, the incorporators have signed these Articles of Incorporation as of
this day of , 20 .


______________________________
JAMES FRANCIS KENNEY



______________________________
DARRELL L. CLARKE



Filed in the Department of State on the day of , 20 .


______________________________
Secretary of the Commonwealth


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