The RMBCA even authorizes a corporation to make charitable contributions. The following form is a sample of a corporate resolution authorizing a charitable contribution.
A New Hampshire Corporate Resolution Authorizing a Charitable Contribution is a formal document that allows a corporation in New Hampshire to make a donation to a charitable organization. This resolution outlines the specifics of the contribution, including the amount, purpose, and recipient of the donation. The resolution generally includes the following information: 1. Corporation Details: Identify the corporation by its full legal name, address, and state of incorporation, along with details of the meeting where the resolution is being passed. 2. Purpose of the Resolution: Clearly state the purpose of the resolution, which is to authorize a charitable contribution. 3. Donation Recipient: Specify the name and address of the charitable organization or recipient of the contribution. 4. Contribution Details: Outline the amount or nature of the contribution. This could be a monetary donation, in-kind contribution, or a combination of both. 5. Authorization: Confirm that the corporation's directors approve and authorize the contribution. 6. Approval Date: Record the date when the resolution is approved and adopted by the corporation. 7. Signatures: Include the signature lines for all directors or officers who are present at the meeting and have approved the resolution. Different types of New Hampshire Corporate Resolutions Authorizing Charitable Contributions can vary based on the specific nature or purpose of the contribution. Some common variations might include: 1. Initial Charitable Contribution Resolution: Used when a corporation is making its first charitable contribution and establishing a framework for future donations. 2. Annual Charitable Contribution Resolution: Prepared for corporations that make regular, annual charitable contributions as part of their corporate social responsibility initiatives. 3. Emergency Charitable Contribution Resolution: Executed in urgent situations where a corporation needs to make an immediate donation to provide relief or aid in response to a specific crisis or event. 4. Matching Funds Charitable Contribution Resolution: Created when a corporation commits to matching employee contributions to eligible charitable organizations. In conclusion, a New Hampshire Corporate Resolution Authorizing a Charitable Contribution is an important document that enables corporations in New Hampshire to support charitable causes. By specifying the details of the contribution, this resolution ensures transparency, accountability, and adherence to corporate governance practices.