CORONA DEL MAR COMMUNITY FOUNDATION

THE SPECIFIC PURPOSE OF THIS CORPORATION IS TO PROVIDE A FUNDRAISING VEHICLE WHICH SUPPORTS AND BENEFITS PUBLIC, VOLUNTARY, NON-PROFIT ORGANIZATIONS, WHICH HAS BEEN RECOGNIZED AS EXEMPT ORGANIZATIONS UNDER SECTION 501(a) OF THE INTERNAL REVENUE CODE AND ANY CORRESPONDING PROVISIONS OF ANY SUBSEQUENT INTERNAL REVENUE CODE, WHICH SUPPORTS THE MISSION OF FUNDING OF THE CORONA DEL MAR BEAUTIFICATION AND IMPROVEMENT PROJECTS AS DESIGNATED AND APPROVED BY THE CORONA DEL MAR CHAMBER OF COMMERCE.