ACAM EDUCATIONAL FOUNDATION

THE ORGANIZATION IS A NONPROFIT PUBLIC BENEFIT CORPORATION AND IS NOT ORGANIZED FOR THE PRIVATE GAIN OF ANY PERSON. IT IS ORGANIZED UNDER THE NONPROFIT PUBLIC BENEFIT CORPORATION LAW FOR PUBLIC AND CHARITABLE PURPOSES. THE ORGANIZATION SHALL BE OPERATED EXCLUSIVELY AS A NONPROFIT CORPORATION FOR CHARITABLE, EDUCATIONAL, OR SCIENTIFIC PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC") OF 1986 AS AMENDED. SPECIFICALLY, THE ORGANIZATION'S PURPOSES ARE TO CARRY OUT, ON A NON-PROFIT BASIS, THE CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSE OF THE AMERICAN COLLEGE FOR ADVANCEMENT IN MEDICINE. ("ACAM"), A MUTUAL BENEFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAXATION UNDER 501(C)(6) OF THE IRC, OR ANY SUCCESSOR ORGANIZATION OF ACAM, BY SUPPORTING THE EDUCATIONAL PROGRAMS AND CHARITABLE ACTIVITIES OF ACAM.