Document background
The Memorandum of Association For Non Profit Organisation is a crucial founding document required for establishing any non-profit organization in the Philippines. It must be filed with the Securities and Exchange Commission (SEC) as part of the registration process and serves as the organization's constitutional document. This document is essential when founding a new non-profit entity or restructuring an existing one, containing vital information about the organization's purposes, governance structure, and operational framework. Under Philippine law, particularly the Revised Corporation Code, this document must include specific provisions regarding the non-profit nature of the organization, its charitable or social purposes, and the non-distribution of profits to members. The memorandum becomes a public document upon registration and serves as a reference point for all stakeholders, including government authorities, donors, and beneficiaries.
