NASSAU COMMUNITY COLLEGE FOUNDATION INC

THE FOUNDATION IS A NOT-FOR-PROFIT CORPORATION ORGANIZED UNDER THE LAWS OF NEW YORK STATE FOR THE PRINCIPAL PURPOSE OF ACCEPTING,HOLDING,INVESTING AND ADMINISTERING ANY PROCEEDS OR PROPERTIES RESULTING FROM GIFTS, BEQUESTS, DEVISES OR FUNDRAISING ACTIVITIES AND DISBURSING OR DONATING THE INCOME OR PRINCIPAL THEREOF FOR BENEFIT OF NASSAU COMMUNITY COLLEGE INCLUDING, AMONG OTHER THINGS, THE MAKING OF GRANTS AND SCHOLARSHIPS TO FACULTY AND STUDENTS, THE MAKING OF GRANTS TO NASSAU COMMUNITY COLLEGE FOR OPERATING AND CAPITAL EXPENDITURES, AND FINANCIAL ASSISTANCE FOR CONTINUING DEVELOPMENT OF THE FACULTY AND STAFF AND PROGRAMS OF NASSAU COMMUNITY COLLEGE.