THE CORPORATION IS FORMED TO (I) ESTABLISH AND ADMINISTER A FUND OF MONIES FROM WHICH TO AWARD SCHOLARSHIPS TO EMPLOYESS INCLUDING THEIR FAMILY MEMBERS AND SERVICE PROVIDERS OF MOUNTAIN RIDGE COUNTRY CLUB ON AN OBJECTIVE NEEDS BASIS AS DETERMINED BY THE TRUSTEES,(II) TO RAISE FUNDS AND MAKE CONTRIBUTIONS TO PUBLIC CHARITIES, INCLUDING BUT NOT LIMITED TO, THE NJSGA CADDIE SCHOLARSHIP FOUNDATION WHI…