Purposes. The TeX Users Group ("TUG") is organized and shall be operated exclusively for charitable, educational and scientific purposes within the meaning of section 501(c)(3) of the United States Internal Revenue Code of 1986, as amended, including without limitation, but only to the extent consistent with such purposes, to identify, develop, operate, fund, support, promote and encourage charitable, educational, and scientific programs and projects which will stimulate those who have an interest in systems for typesetting technical text and font design; to exchange information of same and associated use of computer peripheral equipment; to establish channels to facilitate the exchange of macro packages, etc., through publications and otherwise; and to develop, implement and sponsor educational programs, seminars and conferences in connection with the foregoing; and for any lawful purpose or purposes permitted under the Rhode Island Non-profit Corporation Act.
TUG shall have the power, directly or indirectly, either alone or in conjunction or cooperation with others, to do any and all lawful acts and things and to engage in any and all lawful activities which may be necessary, or convenient to effect any or all of the purposes for which TUG is organized, and to aid or assist other organizations whose activities are such as to further accomplish, foster, or attain any of such purposes. The power of TUG shall include, but not be limited to, the acceptance of contributions in cash, in kind or otherwise from both the public and private sectors.
Restrictions. The assets of TUG are irrevocably dedicated to the purposes described above, and no part of the net earnings of TUG shall inure to the benefit of or be distributed to its Directors, officers, or other private purposes, except that TUG shall be authorized and empowered to pay reasonable compensation for services rendered and to make payments in furtherance of the purposes set forth in Article I, Section 1 of these bylaws. No substantial part of the activities of TUG shall consist of carrying on propaganda or otherwise attempting to influence legislation. TUG shall not participate or intervene in, or publish or distribute any statements in connection with, any political campaign on behalf of any candidate for public office. Notwithstanding any provision of these bylaws to the contrary, TUG shall not engage in any activities which are not permitted for a corporation which is exempt from federal income tax under Internal Revenue Code section 501(c)(3) or to which contributions are deductible under section 170(c), 2055(a), or 2522(a).