This non-profit operating agreement template has 4 pages and is a MS Word file type listed under our legal agreements documents.
Sample of our non-profit operating agreement template:
NON-PROFIT OPERATING AGREEMENT This Non-Profit Operating Agreement (the "Agreement") is effective [DATE], BETWEEN: [ORGANIZATION NAME] (the "Organization"), a non-profit corporation organized and existing under the laws of [STATE/PROVINCE], with its principal place of business located at: [YOUR COMPLETE ADDRESS] AND: [BOARD MEMBER NAME(S)] (the " Board Member(s)"), individuals serving as the governing body of the Organization, with address(es) at: [COMPLETE ADDRESS(ES)] WHEREAS, the Organization is a non-profit corporation organized for charitable, educational, and/or other purposes in accordance with applicable law, and the Board Members desire to set forth the operational and governance guidelines of the Organization; NOW, THEREFORE, in consideration of the mutual covenants herein, the Parties agree as follows: NAME, PURPOSE, AND MISSION Name of Organization: The name of the Organization is [ORGANIZATION NAME]. Purpose: The primary purpose of the Organization is to engage in activities that are charitable, educational, or aligned with other permissible non-profit purposes under Section 501(c)(3) of the Internal Revenue Code, or corresponding sections of any future federal tax code. Mission: The Organization's mission is to [DESCRIBE THE MISSION], and it will carry out programs, projects, and initiatives to achieve its goals. The Organization may amend its mission from time to time, subject to Board approval. GOVERNANCE STRUCTURE 2.1 Board of Directors: The Organization shall be governed by a Board of Directors ("Board"), which shall oversee the management and control of the Organization's activities. The Board shall consist of no fewer than [NUMBER] and no more than [NUMBER] members, unless changed by a vote of the Board. 2.2 Board Responsibilities: The Board is responsible for setting the strategic direction of the Organization, approving budgets, ensuring compliance with legal requirements, fundraising, and monitoring the overall performance of the Organization. 2.3 Election and Terms: Board Members shall be elected by a majority vote of the existing Board. Each Board Member shall serve for a term of [NUMBER OF YEARS] years, with staggered terms to ensure continuity. Board Members may be re-elected for subsequent terms. 2.4 Officers: The Board shall appoint the following officers: Chairperson, Vice-Chairperson, Secretary, and Treasurer. Officers shall serve for terms of [NUMBER OF YEARS] years and may be re-elected. Officer duties shall include, but are not limited to: Chairperson: Leads Board meetings, provides overall leadership, and ensures the Organization remains focused on its mission. Vice-Chairperson: Assists the Chairperson and assumes their duties in the Chairperson's absence. Secretary: Maintains minutes of Board meetings, records official decisions, and manages organizational records. Treasurer: Oversees financial matters, presents financial reports to the Board, and ensures compliance with financial policies. 2.5 Meetings: The Board shall meet at least [NUMBER] times per year. Special meetings may be called by the Chairperson or any [NUMBER] Board Members with at least [NUMBER OF DAYS] days' notice. 2.6 Quorum and Voting: A quorum for the transaction of business at any meeting shall consist of a majority of the Board Members. Decisions shall be made by a majority vote of those present, unless otherwise specified in this Agreement. MEMBERSHIP 3.1 Types of Membership: The Organization may establish membership categories, including voting and non-voting members, as determined by the Board. Membership rights and privileges shall be outlined in the Organization's bylaws or membership policies. 3
