An Act to incorporate the Eleanor Roosevelt Memorial Foundation
PL 88-11 (H.R.4715), enacted 04/23/1963

PUBLIC LAW 88-10-APR. 19, 1963 
[77 STAT. 
(d) The table of sections for part IV of subchapter O of chapter 1 
of such Code is amended by striking out 
"Sec. 1055. Cross references." 
and inserting in lieu thereof the following: 
"Sec. 1055. Redeemable ground rents. 
"Sec. 1056. Cross references." 
Effective date. 
SEC. 2. The amendments made by subsection (a) of the first section 
of this Act shall take effect as of January 1, 1962, and shall apply 
with respect to taxable years ending on or after such date. 
The 
amendments made by subsection (b) of the first section of this Act 
shall take effect on the day after the date of the enactment of this Act 
and shall apply with respect to ta,xable years ending after such date 
of enactment. 
Approved April 10, 1963. 
Public Law 88-10 
April 19, 1953 
[H. R. 4423] 
Riverton recla-
mation project, 
Wyo. 
Water delivery. 
76 Stat. 407. 
AN ACT 
rerniitting the Seci*etary of the Interior to continue to deliver vvuter to lands 
ill the third division, Itiverton reclamation proJH't, Wyoiiiin}^. 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of Amei'ica m Congress assemhled^ That pending com-
pletion of a repayment contract or the enactment of other legislation 
])roviding for the furnishing of water to lands of the third (livision, 
liiverton reclamation project, Wyoming, the Secretary is authorized 
to continue to furnish water to the lands in such division, during 
calendar year 1963, as under the provisions of section 9. subsection 
(d) (1), of the Reclamation Project Act of 1939 (53 Stat. 1187,1195; 
43 U.S.C. 485h(d)) but without regard to tlie time limitation therein 
specified. 
Water shall be furnished upon individual api)1ications 
accompanied by payments of $4 per acre for tlie first tliree acre-feet 
per acre with water in excess of that amount at $2 per acre-foot. The 
l)ortion of the operation and maintenance costs in excess of the total 
of such payments is hereby declared to be nonreimbui-sable and 
nonreturnable. 
Approved April 19, 1963. 
Aisril 23, 1963 
[H. R. 4715] 
Public Law 88-11 
AN ACT 
To incoi'iMO'afe the Kleanor Roosevelt Memorial Fonndnti(»n. 
Eleanor 
Roosevelt Memo-
rial Foundation, 
incorporation. 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assenibled, That the following 
persons designated by the President of the United States of America : 
The Honorable A(tlai E. Stevenson, Xew York, New York, as Chair-
man : 
Miss Marian Anderson, Danbury, Connecticut; 
Robert S. Benjamin, Xew York, Xew York; 
William Benton, Soutlipoi-t, Connecticut; 
Doctor Ralph J. l^unche, Xew York, Xew York; 
Henry Crown, Chicago, Illinois; 
David Dubinsky, Xew York, Xew York; 
Myer Feldman, Washington, District of Columbia; 
Mrs. Ruth Field, Xew York, Xew York; 
77 STAT. ] 
PUBLIC LAW 88-11-APR. 23, 1963 
Raymond Firestone, Akron, Ohio; 
Arnold Grant, New York, New York: 
Arthur Hanisch, Pasadena, California; 
Doctor John R. Heller, New York, New York; 
Mrs. Audrey Hess, New York, New York; 
Mrs. Anna Rosenberg Hoffman, New York, New York; 
Mrs. Trude Lash, New York, New York; 
Mrs. Mary Lasker, New York, New York; 
Herbert Lehman, New York, New York; 
Archibald MacLeish, Conway, Massachusetts; 
•Doctor Charles Mayo, Rochester, Minnesota; 
John J. McCloy, Washington, District of Columbia; 
George Meany, Washington, District of Columbia; 
Mrs. Agnes Meyer, Washington, District of Columbia; 
Walter P. Reuther, Detroit, Michigan; 
Dore Schary, New York, New York; 
Herman Steinkraus, Westport, Connecticut; 
and their successoi-s are created and declared to be a body corporate in 
the District of Columbia by the name of the Eleanor Roosevelt Memo-
rial Foundation (hereinafter referred to as the "corporation"), and 
by such name shall be known and have perpetual succession and the 
powers, limitations, and restrictions herein contained. 
coMriiE'noN or ORGANIZATION 
SEC. 2. A majority of the persons named in the first section of this 
Act are hereby authorized to complete the organization of the corpora-
tion by the selection of officers and employees, the adoption of bylaws, 
not inconsistent with this Act, and the domg of such other acts as may 
be necessary for such purpose. 
PURPOSES OF CORPORATION 
SEC. 3. The objects and purposes of the corporation shall be ex-
clusively charitable and educational. 
It shall devote itself to con-
tinuing certain major interests to which Eleanor Roosevelt dedicated 
lier life, to wit: the i-elief of the poor and distressed and the under-
privileged; promotion of economic,welfare; the promotion of public 
health; and the furtherance of international good will. 
CORPOR^VTE POWERS 
SEC. 4. The corporation shall have power— 
(1) to sue and be sued, complain and defend in any court of 
competent jurisdiction; 
(2) to adopt, use, and alter a corporate seal; 
(3) to choose such officers, managers, agents, and employees 
as the business of the corporation may from time to time require; 
(4) to adopt, amend, and alter its bylaws, not inconsistent 
with the laws of the United States or any State in which the 
corporation is to operate, for the management of its property and 
th6 regulation of its affairs; 
(5) to take by lease, gift, purchase, grant, devise, or bequest 
from any public body or agency or any private corporation, 
association, partnership, firm, or individual, and to hold abso-
lutely or in trust for any of the purposes of the corporation any 
property, real, personal, or mixed, necessary or convenient for 
10 
PUBLIC LAW 88-11-APR. 23, 1963 
[77 STAT. 
attaining the objects and carrying into effect the purposes of 
the corporation, subject, hoAvever, to applicable provisions of 
the law of any State (A) governing the amount or kind of 
property which may be held by, or (B) otherwise limiting or 
controlling the oMuership of property by, a corporation operat-
ing in such State; 
(6) to contract and be contracted with; 
(7) to transfer, convey, lease, sublease, encumber, and other-
wise alienate real, personal, or mixed property; 
(8) to borrow money for the purposes of the corporation, issue 
bonds therefor, and secure the same by mortgage, deed of trust, 
pledge, or otherwise, subject in every case to all applicable pro-
visions of Federal and State laws: and 
(9) to do any and all acts and things necessary and j^roper to 
carry out the objects and purposes of the corporation. 
MKMRKRSHIP 
SEC. 5. Eligibility for membership in the corporation and the rights 
and privileges of meml)ers shall, except as provided in this Act, be 
determined as the bylaws of the corporation may provide. 
BOARD OF TRUSTKES : C'()Ml't)SlTl()X, RESI»0XS1BILITIES 
SEC. 6. (a) Upon the enactment of this Act the membership of the 
hiitial board of trustees of the corporation shall consist of the pei-sons 
named in the fii-st section of this Act and such additional persons, if 
any, as shall be appointed by the President of the United States of 
America. 
(b) Thereafter, the board of trustees of the corporation shall be 
selected in such manner (including the filling of vacancies), and 
sliall serve for such term as may be prescribed in the bylaws of the 
corporation. 
(c) The board of trustees shall be the governing board of the cor-
poration, and a quorum thereof shall be responsible for the general 
policies and program of the corporation and for the control of all 
funds of the corporation. 
The board of trustees may appoint com-
mittees which shall have and exercise such powers as may be prescribed 
in the bylaws or by resolution of the board of trustees, and which 
may be all of the powers of the board of trustees. 
OFFICERS: ELECTION AXD DI TIES OF OFFICERS 
SEC. 7. (a) The officers of the corporation shall be a chairman, a 
secretary, and a treasurer, and such other officers as may be provided 
in the bylaws. 
(b) The officers of the corporation shall be elected in such manner 
and for such terms and with, such duties as may l)e prescribed in the 
bylaws of the corporation. 
P R I N C I P A L OFFICE, SCOPE OF AC^TIVlTIEvS; RESIDENT AiiENT 
SEC. 8. (a) The principal office of the corporation shall be located 
in Washington, District of Columbia, or in such other place as may 
be later determined by the board of trustees, but the activities of the 
corporation shall not be confined to that place, but may be conducted 
throughout the territory of the United States, and in the discretion 
of the board of trustees elsewhere in the w^orld. 
77 STAT.] 
PUBLIC LAW 88-11-APR. 23, 1963 
11 
(b) The corporation shall have in the District of Colnmbia at all 
times a designated agent authorized to accept service of process for 
the corporation; and notice to or service upon such agent, or mailed 
to the business address of such agent, shall be deemed notice to or 
service upon the corporation. 
l>ISrRIBUTI0N OF INCOMK OK ASSETS TO 3IEMBKRS; ].()AXS TO OFFICEKS, 
TOUSl^ES, 
OK EMPLOYEES 
SEC. 9. (a) No part of the income or assets of the corporation shall 
inure to any of its members, trustees, or officers as such, or be dis-
tributable to any of them during the life of the corporation or upon 
its dissolution or final liquidation. 
Nothing in this subsection, how-
ever, shall be construed to prevent the payment of reasonable com-
pensation to officers of the corporation or reimbursement for actual 
necessary expenses in amounts approved by the board of trustees of 
the corporation. 
(b) The corporation shall not make loans to its officers, trustees, 
or employees. Any trustee who votes for or assents to the making 
of a loan or advance to a member, officer, trustee, or employee of the 
corporation, and any officer who participates in the making of such 
a loan or advance, shall be jointly and severally liable to the corpo-
ration for the amount of such loan until the repayment thereof. 
NONPOLITICAL XATI'RE OF C()RP( )RATI0X 
SEC. 10, The corporation and its officers and directors as such shall 
not contribute to or participate in, directly or indirectly, local or 
national political activity or in any manner attempt to influence 
legislation. 
LIABILITY FOK ACTS OF OFFICERS AND AGENTS 
SEC. 11. The corporation shall be liable for the acts of its officers 
and agents when acting within the scope of their authority. 
I'ROHIBITIOX AGAINST ISSUANCE OF STOCK OR PAYMENT OF DIVIDENDS 
SEC. 12. The corporation shall have no power to issue any shares 
of sto<'k or to declare or pay any dividends. 
BOOKS AND R E C O R D S ; INSPECTION 
SEC. 18. The corporation shall keep correct and complete books and 
records of account and shall keep minutes of the proceedings of its 
members, board of trustees, and committees having authority under 
the board of trustees, and it shall also keej) at its principal office a 
record of the names and addresses of its members entitled to vote. All 
books and records of the corporation may be inspected by any member 
entitled to vote, or his agent or attorney, for any proper purpose, at 
nny reasonable time. 
Al'DlT OF FINANCIAL TRANSACTIONS 
SEC. 14. (a) The accounts of the cor])oration shall be audited 
annually in accordance with generally accepted auditing standards by 
independent certified public accountants or independent licensed public 
accountants, certified or licensed bv a regulatory authority of a State 
or other political subdivision of the United States. The audit shall 
be conducted at the place or places where the accounts of the corpora-
tion are normally kept. 
All books, accounts, financial records, reports, 
12 
PUBLIC LAW 88-11-APR. 23, 1963 
[77 STAT. 
files, and all other papers, things, or property belonging to or in use 
by the corporation and necessary to facilitate the audit shall be made 
available to the person or persons conducting the audit: and full 
facilities for verifying transactions with the oalances or securities 
held by depositories, fiscal agents, and custodians shall be afforded to 
such person or persons. 
Report. 
(b) A i-eport of such audit shall be made by the corporation to the 
President of the LTnited States and to the Congress not later than six 
months following the close of the fiscal year for which the audit is 
made. The report shall set forth the scope of the audit and include 
such statements as are necessary to present fairly the corporation's 
assets and liabilities, surplus or deficit with an analysis of the changes 
therein during the year, supplemented in reasonable detail by a state-
ment of the corporation's income and expenses during the year includ-
ing the results of any trading, manufacturing, publishing, or other 
commercial-type endeavor carried on by the corporation, together with 
the independent auditor's opinion of those statements. 
The report 
shall not be printed as a public document. 
USE OF NAME 
SEC. 15. The corporation shall have the sole and exclusive right to 
the name the "Eleanor Koosevelt Memorial Foundation", and to 
have and to use in carrying out its purposes, distinctive insignia, em-
blems and badges, descriptive or designating marks, and words or 
phrases, as may be required in the furtherance of its functions. 
No 
powers or privileges hereby granted shall, however, interfere or con-
fiict with established or vested rights. 
USE OF ASSETS ON DISSOLUTION OR LIQUIDATION 
SEC. 16. Upon dissolution or final liquidation of the corporation, 
after discharge or satisfaction of all outstanding obligations and lia-
l)ilities, the remaining assets, if any, of the corporation shall be 
distributed only in furtherance of the purposes of the corporation to 
one or more organizations organized and operated exclusively for 
charitable and educational pui^joses within the meaning of the In-
26 use i|e( seq. tenuvl Reveuue Code. 
ACQUISITIOX OF ASSETS AXl) LIAKILITIE!^ OF KX1!ST1X(} CO-^IMnTKE 
SEC. 17. The corporation may acquire the assets of the Eleanor 
Koosevelt Foundation Connnittee, an unincorporated 
association 
formed in anticipation of the present incorporation upon discharging 
or satisfactorily providing for the payment and discharge of aU of 
the liabilities of such committee. 
ANNUAL HEI'ORT 
SEC. 18. The corporation shall report annually to the President of 
the United States and to the Congress concerning its proceedings and 
activities for the preceding calendar year. 
The report shall not be 
printed as a public document. 
HESEIIVATION OF RKUIT TO AlVtEND OH REPEAL CITArrEU 
SEC. 10. The right to alter, amend, or repeal this Act is expressly 
reserved. 
Approved April 23, 1963, 9:56 a.m.