KENTUCKY PILOTS ASSOCIATION EDUCATION FOUNDATION INC

THIS ORGAINZATION WAS FORMED TO ORGANIZE, PROMOTE, FOSTER, ASSIST AND MANAGE EDUCATION OPPORTUNITIES FOR YOUNG PERSONS IN THE FIELD OF AVIATION; PROVIDE FLIGHT AND AIRCRAFT MECHANIC TRAINING OPPORTUNITIES FOR YOUNG PERSONS THROUGH SCHOLARSHIPS, PARTNERTSHIPS WITH PUBLIC AND PRIVATE SCHOOLS, MANAGED OR OWNED FLIGHT SCHOOLS, GRANTS, GIFTS AND OTHER METHODS: BUILD, BUY OR SELL NEW OR USED AIRCRAFT TO BE USED IN AVIATION EDUCATION AND TRAINING OPPORTUNITIES; AND ORGANIZE, PROMOTE, FOSTER, ASSIST AND CONDUCT SUCH CHARITABLE, SCIENTIFIC,LITERARY AND EDUCATIONAL ENTERPRISES, ACTIVITIES AND INSTITUTIONS AS FROM TIME TO TIME MAY BE DETERTMINED, SELECTED OR DECIDED UPON BY THE CORPORATION'S BOARD OF DIRECTORS CONSISTENT WITH THE PURPOSE STATED ABOVE.