Hi - The dissolution clause says that if your organization ceases operation, its assets will be given to another charitable group or to a government entity (not to a for-profit company or any individuals). Check this IRS link - where it says "sixth" is some suggested language for the dissolution clause.
https://www.irs.gov/charities-non-profits/suggested-language-for-corporations-and-associations
-Liz from PTO Today
- Liz L
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