| Purpose: |
THE CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, INCLUDING, FOR SUCH PURPOSES, FURTHERING EDUCATION OF STUDENTS WHO INTEND TO PURSUE A TRADE OR VOCATIONAL DEGREE OR CERTIFICATION IN THE PLUMBING, HEATING AND HVAC TRADES THROUGH SCHOLARSHIPS AND OTHER FINANCIAL ASSISTANCE ALONG WITH GENERAL PHILANTHROPY IN THE COMMUNITY. THE CORPORATION MAY CONDUCT ANY LAWFUL ACTIVITIES THAT MAY BE NECESSARY, USEFUL, OR DESIRABLE FOR THE FURTHERANCE OF THE FOREGOING PURPOSES, WHETHER DIRECTLY OR INDIRECTLY, WHETHER ALONE OR IN CONJUNCTION WITH OTHER INDIVIDUALS OR ORGANIZATIONS, INCLUDING THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS DESIGNATED BY THE CORPORATION THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (OR THE CORRESPONDING PROVISIONS OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW) AND THE RULES AND REGULATIONS PROMULGATED THEREUNDER (THE “CODE”). THE CORPORATION SHALL BE AUTHORIZED TO RAISE FUNDS TO SUPPORT THOSE PURPOSES FROM PUBLIC AND PRIVATE SOURCES AND TO SPEND THOSE FUNDS IN FURTHERANCE OF ITS PURPOSES. |
