NORTHMOOR EDUCATION FOUNDATION

TO PROVIDE FUNDS TO EMPLOYEES AND CADDIES OF NORTHMOOR COUNTRY CLUB, AN ILLINOIS NOT-FOR-PROFIT CORPORATION ("NCC") AND THEIR CHILDREN FOR THE FURTHERANCE OF THEIR EDUCATION AND TO ADMINISTER SCHOLARSHIP PROGRAMS FOR SUCH PURPOSES, SUBJECT TO APPROPRIATE GUIDELINES. ALL SUCH PROGRAMS SHALL BE WITHOUT SEGREGATION OR DISCRIMINATION AS TO RACE, CREED OR RELIGION OF ITS BENEFICIARIES.