To establish a The Quad Connection (TQC) Nonprofit Corporation to educate and assist families in addressing the high costs of continued education.  The Quad Connection provides both educational and financial assistance to families in need by providing the educational know how to make the right choice for you and access to our extensive doner network.

Families will have access to research tools to facilitate an understand and comparison of multiple fit factors across schools.  TQC then identifies available options to developing various financing approaches; to include strategies, doner funding, and commercial financing.  TQC is able to develop a customized plan for the recipient and their families, in order to select the right school for you and reduce educational expense for parents and recipients alike.

The Corporation may receive and accept property, whether real, personal, or mixed, by way of gift, bequest, or devise, from any person, firm, trust, or corporation, to be held, administered, and disposed of in accordance with and pursuant to the provisions of the Articles of Incorporation or these Bylaws; but no gift, bequest or devise of any such property shall be received and accepted if it is conditioned or limited in such manner as to require the disposition of the income or its principal to any person or organization other than a “charitable organization” or for other than “charitable purposes” within the meaning of such terms as defined in the Articles of Incorporation or these Bylaws, or as shall in the opinion of the trustees, jeopardize the federal income tax exemption of this trust pursuant to section 501(c)(3) of the Internal Revenue Code, or the corresponding section of any future federal tax code.

Notwithstanding any other provision of these Articles of Incorporation, the Corporation shall not carry on any other activities not permitted to be carried on (i) by a Corporation exempt from Federal income tax under Section 501(c)(3) of the Internal Revenue Code (or the corresponding section of any future Federal tax code), or (ii) by a Corporation, contributions to which are tax-deductible under section 170(c)(2) of the Internal Revenue Code (or the corresponding section of any future Federal tax code).]

Required Distributions:

The Board must commitment to the distribution of no less than 95% of all primary donations (income & property) within 12 months of receipt.  Primary distributions are determined by the “blind selection” of doners which is reviewed and approved by the board.  Doners may select their donations to be distributed by: State, School, Semester, Class, Degree Type, Degree Major/Field, Area of Study, Age, Gender, Race and Need.  If a doner chooses not to identify their preference(s), the decision on distribution will revert to the board.

Operational funding and expenses are limited to no more than 5.0% of all primary donations (income & property) within a calendar year.  Secondary distributions are determined and approved by the board.  Secondary funds will be no less than 0-35% of principal Return-On-Investment (ROI) income and any remaining operational funding for the current fiscal period.  All remaining funds, all revenue minus primary donations, operational expense, and secondary donations, will be invested to ensure future stability of the charity.