COUNTRY CLUB AT CASTLE PINES SCHOLARSHIP FOUNDATION

THE COUNTRY CLUB AT CASTLE PINES SCHOLARSHIP FOUNDATION, A COLORADO NONPROFIT CORPORATION ("FOUNDATION"), IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS CHARITABLE AND EDUCATIONAL IN THAT IT IS ORGANIZED AND OPERATED EXCLUSIVELY TO RUN A SCHOLARSHIP PROGRAM FOR THE EMPLOYEES OF THE COUNTRY CLUB AT CASTLE PINES, INC., A COLORADO NONPROFIT, TAX-EXEMPT CORPORATION.