THE PURPOSES OF THE ONE WEST 54TH FOUNDATION (THE "FOUNDATION") ARE TO PRESERVE THE ARCHITECTURAL INTEGRITY AND DESIGN OF A NEW YORK HISTORICAL LANDMARK BUILDING LOCATED AT ONE WEST 54TH STREET, CONTRIBUTE TO THE EDUCATION OF THE GENERAL PUBLIC REGARDING THE SAME, AND TO AWARD SCHOLARSHIPS FOR THE STUDY OF DESIGN, ARCHITECTURE, AND HISTORIC PRESERVATION AT AN EDUCATIONAL INSTITUTION.