THE PURPOSE OF THE FOUNDATION IS TO PURSUE CONTRIBUTIONS FROM RESIDENTS OF WAITE HILL AND EVEN FROM INTERESTED NON-RESIDENTS, WHO WILL VOLUNTARILY CONTRIBUTE ON A TAX DEDUCTIBLE BASIS TO THE VILLAGE FOR IT TO FUND ITS OPERATIONS. HOWEVER, THE DONORS WILL NOT GIVE THE VILLAGE UNFETTERED IMMEDIATE CONTROL OVER THE FUNDS. RATHER, THE FOUNDATION WILL ALLOCATE FUNDS AS NEED FOR VARIOUS VILLAGE PROJECTS…