CALIFORNIA DESERT ASSOCIATION OF REALTORS CHARITY FOUNDATION INC

THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITBLE PURPOSES WITHIN THE MEANING OF SECTION 501(C)3 OF THE INTERNAL REVENUE CODE AND UNDER THE CALIFORNIA NONPROFIT PUBLIC CORPORATION LAW FOR CHARITABLE PURPOSES, SPECIFICALLY TO ESTABLISH AN ORGANIZATION TO RAISE AND ADMINISTER FUNDS AND ASSETS THAT ARE RAISED, DONATED, BEQUEATHED OR DEVISED BY ANY LAWFUL MANNER IN ORDER TO PROVIDE PERSONS OR ORGANIZATIONS WITH MONIES, PROFESSIONAL ASSISTANCE, AND ASSETS FOR STUDENT LOANS, SCHOLARSHIPS, GRANTS TO STUDENTS, HOUSING NEEDS, NEIGHBORHOOD IMPROVEMENTS IN BLIGHTED OR RUN-DOWN AREAS OR OTHER HOUSING-RELATED GOALS OR OTHER PUPOSES AS APPROVED BY THE BOARD OF DIRECTORS OF THE FOUNDATION.