The TeX Users Group (``TUG'') has been formed exclusively for charitable, educational and scientific purposes, and specifically 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. Notwithstanding anything herein to the contrary, TUG shall exercise its powers only in furtherance of exempt purposes as such terms are defined in Section 501(c)(6) of the Internal Revenue Code of 1986 and the regulations from time to time promulgated thereunder.
TUG shall be nonprofit and shall not have or issue shares of capital stock, and shall not declare or pay dividends. No part of the net income or profit of TUG shall inure to the benefit of any member, director, officer, or other individual, or to the benefit of any organization not qualified for tax exemption under Section 501(c)(6) of the Internal Revenue Code except as permitted by law. No substantial part of the activities of TUG shall be carrying on propaganda, or otherwise attempting to influence legislation (except as otherwise provided by Internal Revenue Code Section 501(h)), or participating in, or intervening in (including the publication or distribution of statements), any political campaign on behalf of any candidate for public office. Upon the dissolution of this organization, assets shall be distributed for one or more exempt purposes within the meaning of Section 501(c)(6) 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.