Fayette County Community Foundation

The Corporation is organized exclusively for charitable, religious, educational and scientific purposes as specified in Section 501(c)(3) on the Internal Revenue Code, including for such purposes, the making of distributions to organizations the qualify as exempt organizations under Section 501(c)(3) of the Internal Revenue code, or the corresponding section of any future federal tax code. The specific purposes of the Corporation are to (a) Serve to collect business sponsors and private donations for Community projects, (b) Provide enhanced recreation opportunities throughout the County and (c) Operate an unrestricted fund to make grants to Community Non-profit organizations. The Corporation shall n ot be conducted or operated for profit and no part of the net earnings of the Corporation shall inure to the benefit of any individual, nor shall any of the profits or assets of the Corporation be used other than for the purposes of the Corporation.