The Society:
The Foundation:
Constitution
- 1. The name of the society is the Gabriola Health Care Foundation (the “Foundation”).
- 2. The purpose of the Foundation is to improve the primary health care services for the residents of and the visitors to Gabriola Island, British Columbia by:
- (a) gifting funds to qualified donees as defined in subsection 149.1(1) of the Income Tax Act (Canada); and
- (b) providing medical facilities and/or medical equipment to be used for the benefit of residents of and visitors to Gabriola Island.
- 3. The operations and affairs of the Foundation shall be conducted without purpose of financial gain for its members. Any profits or other accretions to the Foundation shall be exclusively used for advancing its purposes.
- 4. Should the Foundation be disbanded or dissolved, its assets remaining after payment of all debts and liabilities shall be paid over and transferred to one or more charitable organizations (recognized as being qualified as such at the time under the provisions of the Income Tax Act, Canada) located in the Province of British Columbia and having objectives similar to those of the Foundation, as may be directed by resolution of the members.
- 5. The provisions of paragraphs 3 and 4 hereof are unalterable.
April 23, 2009