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foundations, tribal organizations or tribal goverlinlents, or other kinds of governmental departments or agencies,, and the transaction of any or all lawful activities for which nonprofit corporations may be incorporated under Chapter 415B, Hawaii Revised Statutes,. Section 2. No part of the net earnings of the Corporation shall inure to the benefit of, or be distributable to its members, trustees, officers, or other private persons, 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 this Article. No substantial part of the activities of the corporation shall be the carrying on of propaganda, or otherwise attempting to influence legislation, and the corporation shall not participate in, or intervene in (including the publishing or distribution of statements) any political campaign on behalf of or ill opposition to any candidate for public office. Notwithstanding any other provision of the Corporation's articles of incorporation, the Corporation shall not early oil ally other activities not permitted (a)by a corporation exempt from federal income tax under Section 501(c) (3) of the Internal Revenue Code (or any future corresponding provision) or (b) by a corporation, contributions to which are deductible under Section 170(c) (2) of the Internal Revenue Code (or ally future corresponding provision). Section 3. In any taxable year in which the Corporation is considered a private foundation as described in Section 5og(a) of the Internal Revenue Code,the Corporation (1) shall distribute its income for said period at such time acrd mcinner as not to subject it to tax under Section 4942 of the Internal Revenue Code (or any future corresponding provision); (2) shall not engage in any act of self-dealing as defined in Section 494(4) of the Internal Revenue Code (or any future corresponding provision); (3) shall not retainany excess business holdings as defined in Section 494 (c) of the Internal Revenue Code (or any future corresponding provision); (4) shall not make any investments in such manner as to subject the Corporation to tax under Section 4944 of the Internal Revenue Code (or any future corresponding provision); and (5,) shall not make any taxable expenditures, as defined in Section 4945 (d) of the Internal Revenue Code (or any future corresponding provision). ARTICLE V BOARD OF DIRECTORS Section 4.1 Number of Directors. The number of Directors may be increased, but not more than nine (9), or decreased, but not less than three (3) from time to time as determined by the Board. Section 4.2 Nomination and Election. Nominations and elections of Directors may be determined by the Board. 2