THE FOUNDATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, EDUCATIONAL AND SCIENTIFIC PURPOSES INCLUDING THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE OF 1986, OR CORRESPONDING SECTIONS OF ANY SUBSEQUENT FEDERAL TAX CODE. IT IS EMPOWERED TO ADMINISTER AND DISTRIBUTE PROPERTY FOR THE AFORESAID PURPOSES…