BOARD RESOLUTION OF
UNIVERSITY OF SCIENCE AND TECHNOLOGY OF CHINA ALUMNI FOUNDATION
APPOINTMENT OF PRESIDENT AND TREASURER
WHEREAS, The University of Science and Technology of China Alumni Foundation (USTCAF) is a Nonprofit Public Benefit Corporation, incorporated in the State of Delaware, qualified pursuant to the provisions of Internal Revenue Code Section 501(c)(3), and
WHEREAS, The USTCAF bylaws provides that the officers of the organization shall include a “President” and a “Treasurer” (section 4.01) and that such an officer shall be the “Chief Executive” or the organization (section 4.06); and
WHEREAS, the bylaws also provide that “officers of the Corporation shall be elected by the Board” (section 4.02); and
NOW, THEREFORE BE IT RESOLVED as follows:
- That the USTCAF board hereby elects and appoints Shihong Chi as the President; and
- The board hereby elects and appoints John Hu as the Treasurer; and
- Such appointments are for a term of 2 years and all previous appointments for these two position are hereby revoked.
Special Note: this resolution was proposed by Steven Li , seconded by John Hu , during the board meeting held on 12/18/2020 , and was duly passed.