TO THE COMMONWEALTH OF VIRGINIA

STATE CORPORATION COMMISSION:

Pursuant to Chapter 10 of Title 13.1 of the Code of Virginia, the undersigned adopts the following articles of organization for the Corporation.

ARTICLE I
NAME

The name of the nonprofit organization is Precept Schools of Virginia, Inc.

ARTICLE II
PURPOSE

The purpose of the nonprofit organization is to provide services to the community as a private Christian school following the classical method of instruction. Precept Schools of Virginia, Inc. will provide a place and an educational program that stimulates and nurtures the spiritual, social, physical and academic development of children and youth.

ARTICLE III
MEMBERS

The nonprofit organization shall have no members.

ARTICLE IV
REGISTERED OFFICE AND AGENT

The street address of nonprofit organization's initial registered office is 1203 Pinecrest Avenue, Bedford, VA 24523, and the name of its initial registered agent is Mark E. Martin.

ARTICLE V
PERIOD OF DURATION

The nonprofit organization's existence shall begin upon the inception of these Articles of Organization and shall continue, unless dissolved sooner in accordance with the terms of organization’s Bylaws, in perpetuity.

ARTICLE VI
DIRECTORS

  1. The business and affairs of the nonprofit organization shall be governed by Directors elected by the manner described in the organization’s Bylaws (Directors shall elect their successors.). No Director's action or any other person's action shall bind the nonprofit organization except as authorized by the organization’s Bylaws.
  2. The Directors shall have all of the duties, powers, and authority as set forth in the organization’s Bylaws.
  3. The initial Directors are:

ARTICLE VII
INDEMNIFCATION

  1. The organization may, by action of the Directors, provide indemnification to such of the officers, employees and agents of organization to such extent and to such effect as the Directors shall determine to be appropriate and authorized by applicable law.
  2. The rights and authority conferred in this Article shall not be exclusive of any other right which any person may have or subsequently acquire under any statute, provision of the Articles of Organization or Bylaws of organization, agreement, vote of Directors or, or otherwise.
  3. Any repeal or amendment of this Article shall not adversely affect any right or protection of a Director or officer existing at the time of such repeal or amendment.

ARTICLE VIII
DISSOLUTION

Should the nonprofit organization cease to operate, voluntary dissolution procedures shall be initiated in accordance with the requirements of the statutes of the State of Virginia. The requirements by the Internal Revenue Code with respect to distribution of properties held by a corporation which has been granted tax exempt status or other funding source requirements shall be followed, including the following provisons: a. Said organization 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 corresponding section of any future federal tax code.

b. Upon the dissolution of the organization, assets shall be distributed for one or more exempt purposes within the meaning of 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.

IN WITNESS WHEREOF, the aforesaid organizer has executed an amendment of the foregoing Articles of Organization on this 21st day of August, 2009.

Mark E. Martin _____________________________
Chairman, Board of Directors

Signature _________________________________

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