RIDGEDALE ELEMENTARY SCHOOL PARENT-TEACHER ORGANIZATION INC

THE SOLE PURPOSE FOR WHICH THE CORPORATION IS ORGANIZED SHALL BE TO, LIMITED TO THE EXEMPT PURPOSES OF AND CONSISTENT WITH THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE, GENERATE REVENUE BY MEANS OF ITS ANNUAL EVENTS AND RELATED ACTIVITIES, INCLUDING BUT NOT LIMITED TO THOSE ORGANIZED AND ASSISTED IN THE FACILITATION OF FUND-RAISING AND EXTRA-CURRICULAR EDUCATIONAL ACTIVITIES THROUGHOUT EACH FISCAL YEAR, THE NET OF SUCH REVENUE TO EXCLUSIVELY BE DONATED FOR THE OPERATION, EXPANSION, AND FURTHERANCE OF THE CHARITABLE PURPOSES OF ITS SOLE MEMBER AND ASSOCIATIVE ORGANIZATION WITH WHICH IT HAS A CLOSE RELATIONSHIP, RIDGEDALE ELEMENTARY SCHOOL, ITSELF REQUIRED TO BE AN CURRENTLY ORGANIZED AS AN INTERNAL REVENUE CODE SECTION 501(C)(3) EXEMPT ORGANIZATION OR GOVERNMENTAL UNIT OR WHOLLY OWNED INSTRUMENTALITY OF A STATE OR POLITICAL SUBDIVISION THEREOF; AND PROMOTE THE WELFARE OF CHILDREN AND YOUTH IN HOME, SCHOOL, AND C