- 11 - attachments dated August 21, 2000. In this communication, petitioner proposed to amend its articles to include the First Presbyterian Church of Northville and the Boy Scouts of America Detroit Area Council, specifically troops of Northville, Michigan, as supported organizations, with AEF remaining as the third supported entity. Petitioner offered the following information about its intended support of the church: Applicant will provide support to First Presbyterian Church of Northville of at least $10,000 annually. The contribution will support two specific programs of First Presbyterian Church of Northville, namely, the Music Endowment Fund and the Land/Real Estate Acquisition Fund. Applicant’s contribution of $1,000 to the Music Endowment Fund constitutes 40% of an approximately $2500 budget for the year 2000. Applicant’s contribution of $9,000 to the Land/Real Estate Acquisition Fund constitutes 80% of an approximately $15,000 budget for the year 2000. No details were given with respect to support of the Boy Scouts. Petitioner also proposed to amend its bylaws and the Estate Storage promissory note to address concerns relating to issues of control. Enclosed with the letter was a copy of the proposed amended bylaws reflecting changes which included providing that a quorum could not consist of a majority of disqualified persons, that any director could be removed by a majority vote of the current directors, and that directors were prohibited from engaging in any excess benefit transactions as defined in section 4958. Similarly enclosed was a copy of a proposed demand notePage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011