Our Mission Statement:
To facilitate and serve the needs of our community by providing opportunities to learn, build, operate and maintain projects that enhance our community.
The specific purpose of the Foundation is to provide funding for the enhancement of education, recreation, culture, historic preservation and art in the Community and to carry on other charitable and educational activities associated with this goal, as allowed by law.
The Foundation is organized exclusively for charitable or educational purposes within the meaning of Internal Revenue Code section 501(c)(3) or the corresponding provision of any future United States internal revenue law. Despite any other provision in these articles, the Foundation shall not, except to an insubstantial degree, engage in any activities or exercise any powers that do not further the purposes of the Foundation, and the Foundation shall not carry on any other activities not permitted to be carried on by (a) a Foundation exempt from federal income tax under Internal Revenue Code section 501(c)(3) or the corresponding provision of any future United States internal revenue law, or (b) a Foundation, contributions to which are deductible under Internal Revenue Code section 170(c)(2) or the corresponding provision of any future United States internal revenue law.
The Foundation’s assets are irrevocably dedicated to charitable purposes. No part of the net earnings, properties, or assets of the Foundation, on dissolution or otherwise, shall inure to the benefit of any private person or individual, or to any director or officer of the Foundation. In the event of the liquidation or dissolution of the Foundation, all properties and assets remaining after payment, or provision for payment, of all debts and liabilities of the Foundation shall be distributed to a nonprofit fund, foundation, organization, or corporation that is organized and operated exclusively for charitable purposes and that has established its exempt status under Internal Revenue Code Section 501(c)(3).