1926 Foundation

The Foundation is organized and operated exclusively for charitable, religious, educational, and scientific purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986, as amended (the "Code"), including for operating charitable programs to benefit members of the greater Philadelphia community and making distributions to organizations that qualify as exempt organizations under Section 501(c)(3) of the Code. The Foundation's services are entirely free and available to all members of the general public, not simply those who are members of the organization or those who contribute funds.