NORTH BROWARD PREPARATORY SCHOOL

THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHING THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE"), OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE, INCLUDING, FOR SUCH PURPOSES, (I) FOSTERING A CULTURE OF READING AND SCHOOL COMMUNITY BY RAISING FUNDS AND COORDINATING AND SUPPORTING EVENTS AND PROGRAMS THAT ENHANCE THE NORTH BROWARD PREPARATORY SCHOOL'S LIBRARY SYSTEM'S VIBRANT, PIVOTAL ROLE AS INSPIRING CONNECTION POINTS AND ENABLING STUDENTS, FACULTY, STAFF, PARENTS AND SPECIAL GUESTS TO GATHER, INTERACT, COLLABORATE, LEARN, AND GROW; AND (II) MAKING DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE CODE, OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE.