FIRST | SECOND | THIRD | FOURTH | FIFTH | SIXTH | SEVENTH | EIGHTH

The undersigned, citizens of the United States and members of the Executive Council of the Midwest Association of Student Financial Aid Administrators, desiring to form a Non-Profit Corporation under Sections 1702.01, et seq., Revised Code of Ohio, do hereby certify:

FIRST:
The Midwest Association of Student Financial Aid Administrators, is an association organized and operated exclusively for charitable and educational purposes within themeaning of Sections 170(c)(2)(B), 501(c)(3), 2055(a)(2), and 2522(a)(2) of the Internal Revenue Code of 1954.

SECOND:
The Midwest Association of Student Financial Aid Administrators, by two-thirds vote of its members voting, as required by the Association's Constitution and By-Laws, have authorized the incorporation of the Association as a Non-Profit Corporation under Sections 1702.01, et seq., Revised Code of Ohio.

THIRD:
The name of the Corporation shall be the MIDWEST ASSOCIATION OF STUDENT FINANCIAL AID ADMINISTRATORS.

FOURTH:
The place in the State of Ohio where the principal office of the Corporation is to be located is the City of Cleveland, Cuyahoga County.

FIFTH:
The purpose or purposes for which the corporation is formed are:

1. To foster and promote standards of professional preparation for the financial aid profession, and the appointment, effectiveness, recognition, and association of student financial aid administrators and counselors in post-secondary institutions and other public and private agencies and organizations concerned with or engaged in the support and/or administration of student financial aids.
2. To serve the needs and interests of students, faculties, and administrations of post-secondary institutions and of individuals and public and private agencies and organizations concerned with or engaged in the support and/or administration of student financial aids by promoting and facilitating the coordination of student financial aid plans and programs and by advising and assisting them in the promotion and development of effective programs of student financial aids.
3. To promote and facilitate communications between secondary and post-secondary institutions and those organizations involved in the disbursement of student aid funds.
4. To stimulate, promote, and conduct systematic studies and research, cooperative experiments, education, conferences, and such other related activities as are desirable or necessary in fulfilling the purposes of the regional, state, and national associations.

SIXTH:
The names and addresses of the persons who are the initial Trustees of the Corporation are as follows:

SEVENTH:
The Corporation is organized and operated exclusively for charitable and educational purposes within the meaning of Sections 170(c)(2)(B), 501(c)(3), 2055(a)(2) and 2522(a)(2) of the Internal Revenue Code of 1954, as amended. No part of the net earnings of the Corporation shall inure to the benefit of, or be distributable to its members, trustees, officers, other private persons, or organizations operated for a profit, except that the Corporation shall be authorized and empowered to pay reasonable compensation for services rendered and to make payments and distributions in furtherance of the purposes set forth in Article Third hereof. No substantial part of the activities of the Corporation shall be the carrying on of propaganda, or otherwise attempting to influence legislation, and the organization shall be empowered to make the election authorized under Section 501(h) of the Internal Revenue Code of 1954, as amended. The Corporation shall not participate in, or intervene in (including the publishing or distribution of statements) any political campaign on behalf of any candidate for public office. Notwithstanding any other provision of these articles, the Corporation shall not carry on any other activities not permitted to be carried on (a) by a corporation exempt from Federal income tax under Section 501(c)(3) of the Internal Revenue Code of 1954 (or the corresponding provision of any future United States Internal Revenue Law) or (b) by a corporation, contributions to which are deductible under Section 170(c)(2) of the Internal Revenue Code of 1954 (or the corresponding provision of any future United States Internal Revenue Law), or by an organization described in Sections 509(a)(1), (2) or (3) of the Internal Revenue Code of 1954 (or the corresponding provision of any future United States Internal Revenue Law).

EIGHTH:
Upon the dissolution of the Corporation, the Board of Trustees shall, after paying or making provision for the payment of all of the liabilities of the Corporation, dispose of all of the assets of the Corporation exclusively for the purposes of the Corporation in such manner, or to such organization or organizations organized and operated exclusively for charitable, educational, religious, or scientific purposes as shall at the time qualify as an exempt organization or organizations under Section 501(c)(3) of the Internal Revenue Code of 1954 (or the corresponding provision of any future United States Internal Revenue Law), as the Board of Trustees shall determine. Any such assets not so disposed of shall be disposed of by the Court of Common Pleas of the county in which the principal office of the Corporation is then located, exclusively for such purposes or to such organization or organizations as said Court shall determine, which are organized and operated exclusively for such purposes.

IN WITNESS WHEREOF, I have hereunto subscribed my name this _____ day of _____________, 19 .

Richard D. Battig
Robert D. Hahn
Andre Bell
John P. Jennetten
Marc L. Brenner
Rhonda D. Norsetter
Nancy S. Donley
Harriet Whittenberg
Wilhelm D. Eck