Document background
The Articles of Organization for Nonprofit is a crucial document required when establishing a nonprofit corporation in the Philippines. This document must be prepared and filed with the Securities and Exchange Commission (SEC) to legally form a nonprofit entity. It serves as the organization's constitution, defining its charitable or social purposes, governance structure, and operational framework. The document must comply with the Revised Corporation Code of the Philippines and various SEC regulations, including specific requirements for nonprofit status. It typically includes provisions about the organization's name, principal office, purposes, board of trustees, officers, membership structure (if any), asset management, and dissolution procedures. The Articles of Organization are essential for obtaining tax-exempt status and serve as a reference point for all major organizational decisions and governance matters.
