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Non Profit Operating Agreement
"I need a Non-Profit Operating Agreement for an education-focused organization launching in Lahore by March 2025, which will receive funding from international donors and operate multiple branches across Punjab province."
1. Parties: Identification of the founding members and initial board members of the non-profit organization
2. Background: Context of the organization's formation and its charitable or social objectives
3. Definitions: Key terms used throughout the agreement including legal and operational terminology
4. Organization Structure: Legal structure, registered office, and organizational hierarchy
5. Purpose and Objectives: Detailed description of the organization's mission, goals, and permitted activities
6. Board of Directors: Composition, appointment, removal, and powers of the board
7. Meetings and Voting: Procedures for board meetings, general meetings, and decision-making processes
8. Financial Management: Financial controls, accounting practices, and fund management procedures
9. Membership: Classes of membership, rights, and obligations of members if applicable
10. Compliance and Reporting: Obligations under Pakistani law including SECP requirements and tax regulations
11. Amendment Procedures: Process for modifying the operating agreement
12. Dissolution: Procedures for dissolution and distribution of assets as per Pakistani law
13. Governing Law: Confirmation of Pakistani law as governing law and jurisdiction
1. Religious Activities: Required if the organization engages in religious activities, detailing compliance with relevant regulations
2. International Operations: Required if the organization operates or receives funding from outside Pakistan
3. Committees: Structure and powers of various committees if the organization uses a committee system
4. Conflict Resolution: Detailed dispute resolution procedures, including arbitration provisions
5. Zakat Collection: Required if the organization collects or distributes Zakat funds
6. Branch Operations: Required if the organization maintains multiple branches
7. Volunteer Management: Policies and procedures for managing volunteers
8. Intellectual Property: Required if the organization creates or uses intellectual property
1. Schedule A - Initial Board Members: List of initial board members with their details and positions
2. Schedule B - Financial Controls: Detailed financial procedures and internal control mechanisms
3. Schedule C - Organizational Structure: Detailed organizational chart and reporting relationships
4. Schedule D - Compliance Checklist: Checklist of regulatory requirements and compliance procedures
5. Appendix 1 - Forms: Standard forms for organizational procedures and reporting
6. Appendix 2 - Code of Conduct: Detailed code of conduct for board members and employees
7. Appendix 3 - Financial Authority Matrix: Approval limits and financial authority designation
8. Appendix 4 - Conflict of Interest Policy: Detailed policy for managing conflicts of interest
Authors
Healthcare
Education
Poverty Alleviation
Environmental Conservation
Religious Organizations
Social Services
Community Development
Arts and Culture
Disaster Relief
Women Empowerment
Youth Development
Rural Development
Legal
Compliance
Finance
Board Secretariat
Operations
Program Management
Public Relations
Human Resources
Audit
Community Outreach
Volunteer Management
Fundraising
Executive Director
Board Chairman
Board Secretary
Compliance Officer
Financial Controller
Program Director
Legal Counsel
Chief Operating Officer
Membership Coordinator
Volunteer Coordinator
Public Relations Manager
Fundraising Manager
Internal Auditor
Community Outreach Director
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