PETERSON FAMILY FOUNDATION II INC

THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, OR RELIGIOUS PURPOSESBY CONDUCTING OR SUPPORTING ACTIVITIES FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF, (I) EDUCATIONAL ORGANIZATIONS DESCRIBED IN SECTION 170(B)(L)(A)(II) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, (HEREINAFTER THE "CODE"), AND (II) COMMUNITY FOUNDATIONS OR OTHER SPONSORING ORGANIZATIONS OF DONORADVISED FUNDS DESCRIBED IN SECTION 170(B)(L)(A)(VI) OF THE CODE, WHICH ORGANIZATIONS ARE ALSO DESCRIBED IN SECTION501(C)(3) AND SECTION 509(A)(L) OF THE CODE.