ACDNAC Members
Duties & Responsibilities
Members' Work From Home Information Site
ACDNAC's Long Term Funding Outline
What Are Black Americans Doing To Empower Themselves Economically?
Economically Centered Quotes To Remember
Black Economic Empowerment From The Grassroots
Conducting A Successful Grassroots Economic Empowerment Meeting
What Are Hispanics Doing To Empower Themselves Economically?
Africa - Still A Basket Case, The Plundering Of African & Still No Economic Empowerment
Standrd Agenda For Any Economic Empowerment Forum
Standard Women's Economic Empowerment Flyer
Spotlight On Business
Leigh's Tea N' Talk
ACDNAC Talking Points
ACDNAC's Gift Acceptance Policies
How ACDNAC Educates
COMING SOON - Member Benefits
Nonprofit Governance & Compliance
Duties & Responsibilities
Traditional Fundraising Methods
Conflict Of Interest Policies
Understanding Gifting & The Gift Tax
5 Things ACDNAC Was Doing Wrong
8 Cardinal Rules Of Writing A Fundraising Letter
ACDNAC's Association Rules 1-20
ACDNAC's Association Rules 21-37
ACDNAC's Association Rules 38-39 - Director's Duties
ACDNAC's Association Rules 40-50
Videos That Will Help You Understand The Magnitude Of Our Problem
Videos For Personal Growth And Increased Understanding
Well Documented Videos That Might Explain The Way The World Is
Self Help & Motivational Videos I
Self Help & Motivational Videos II
Self Help & Motivational Videos III
Self Help & Motivational Videos IV
Self Help & Motivational Videos V
 
Nonprofit
Duties & Responsibilities

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It is the mission, duty and purpose of the Association For The Creation and Development of New Age Corporations (“ACDNAC”) to address, promote, educate, coordinate, facilitate and help communities create corporate structures that they fund, own, manage and control. When communities own and control the business activities in their communities, the entire community benefits, not just a few, or one or two. Our long term aim is to provide aid and relief to eradicate chronic poverty in predominantly African American communities on a local, statewide, national and/or global level.

 

It is ACDNAC’s duty to be available; when we are capable, to provide one of the most important yet basic human rights to ordinary people during economic uncertainty by helping them secure their humanity through genuine economic empowerment.

 

Life, liberty and the pursuit of happiness are fundamental human rights. These rights are clearly articulated in the Declaration of Independence of the United States of America and are a well-known phrase. The phrase gives three examples of the "unalienable rights" which the Declaration says has been given to all human beings by their Creator, and for which governments are created to protect.

 

Education

 

ACDNAC provides education through the dissemination of facts, charts, graphs, and statistics. We provide this information by presenting live media interviews, lectures and forums at schools, libraries and other public venues. These presentations focus on the causes, current efforts and solutions to the dismal state of the economic position and condition of the vast majority African Americans and Africans in general. They also highlight the geographical, economical, and social aspects of chronic poverty and the high cost of being virtually locked out of America’s and the world's wealth creation process.

 

We also chronicle our efforts and activities on ACDNAC’s temporary and permanent websites. One feature that will be incorporated into the website is an educational essays written by professionals such as public administrators, advocates, writers, investigators, economists and activists in the same or related field(s). By offering educational events; as well as, our publications and website, ACDNAC is educating the public on subjects useful to individuals and beneficial to the community and is advocating and defending human and civil rights secured by law.

 

Ambassador Program

 

ACDNAC seeks out opportunities for community outreach through our ambassador program which involves sending ambassador(s) to fulfill our mission of raising awareness and encouraging the African American community to pool limited financial resources into legal corporate structures for economic empowerment. The funds received through the entirety of the corporation’s activities will be used for the purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code and salaries for staff.

 

Disaster Relief

 

ACDNAC aims to provide disaster relief aid in the form of food and water to the severely disadvantaged who are affected by either a lack of existing community resources or a lack of funding and supplies to existing local infrastructures in the time of need. ACDNAC operates and focuses its resources locally and globally to communities who meet the aforementioned criteria regardless of their geographical location. Examples of the severely disadvantaged populations would be those affected by natural disasters and the displaced victims of sectarian and ethnic violence such as the devastating results of Hurricane Katrina in the states of Louisiana and Mississippi and refugees of Rwanda civil war in Africa.

 

Distribution to Other Organizations and Individuals

 

ACDNAC does not fundraise for any specific organization and ACDNAC is not organized solely to contribute or fundraise for any specific entity. However, at the discretion of the board of directors we may at times, choose to contribute to other organizations who share a similar mission with the objective creating New Age Corporations in predominantly African American communities.

 

Programs for Volunteers

 

At times, per the discretion of the board of directors, we may provide internships or volunteer opportunities which will provide opportunities for involvement in outreach activities and programs in order to have a greater impact for change. One of the activities that volunteers may be involved in is basic education on topics such as corporate governance, compliance with state laws and effective community organization for economic empowerment purposes. Such activities shall always be free of charge to participants and will not include compensation to the volunteers. 

Multimedia

 

It is our goal to bring awareness from every medium possible and this does not exclude documentaries and photos of our activities, projects, programs and expeditions. By documenting and reporting our efforts we intend to broaden our outreach. These multimedia features will be recorded by our volunteers during the aforementioned activities and will be available to the public. 

 

Foreign contributions will include assistance given to individuals or organizations outside of the United States which have been selected by the board of directors after conducting due diligence and a thorough investigation. The process of selection is in accordance with all applicable laws and regulations; such as collecting information (i.e. physical address, phone number, mailing address, website, relationships with other organizations, financial standing which includes past and present, and governance).

 

Foreign disaster relief and aid will include our efforts to provide aid to victims of natural disasters and/or of sectarian and ethnic violence as has been detailed in our Narrative of our Activities subtitled: Disaster relief

 

     Foreign educational programs will include our efforts to provide educational based lectures, slideshows, and in-field training and instruction as has been detailed in our Narrative of our Activities subtitled: Education.

 

Please Note:

 

     Section 1.501(c)(3)-1(d)(2) of the regulations states that the term “charitable” is used in section 501(c)(3) of the Code in its generally accepted legal sense and includes the defense of human and civil rights secured by law.

 

    Section 1.501(c)(3)-1(d)(2) of the Income Tax Regulations states that the term “charitable” is used in section 501(c)(3) of the Code in its generally accepted legal sense and includes the advancement of education.

 

    Section 1.501(c)(3)-1(d)(3)(i)(a) of the regulations states that the term educational, as used in IRC 501(c)(3), relates to the instruction or training of the individual for the purpose of improving or developing his capabilities or the instruction of the public on subjects useful to the individual and beneficial to the community.

 

    Example 2 in Section 1.501(c)(3)-1(d)(3)(ii) of the regulations, makes it clear that "An organization whose activities consist of presenting public discussion groups, forums, panels, lectures, or other similar programs," is educational.

 

    Section 501(c)(3) of the Internal Revenue Code provides tax exemption for organizations organized and operated exclusively for charitable and/or educational purposes.

 
By: George M. Sistrunk - 4/17/16

Last updated on

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