WESTPORT WESTON FAMILY YMCA FOUNDATION

THE WESTPORT/WESTON FAMILY YMCA FOUNDATION, INC. (THE FOUNDATION) WAS ORGANIZED AS A 501(C)(3) CORPORATION IN 2016 WITH THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF WESTPORT/WESTON, CONNECTICUT, INC. (THE ASSOCIATION) AS ITS SOLE MEMBER. THE FOUNDATION'S PURPOSE IS TO: A.) SUPPORT, BENEFIT AND ASSIST THE OPERATIONS, PROGRAMS, ENDEAVORS AND INITIATIVES OF THE ASSOCIATION. B.) RECEIVE FROM ANY PERSON, FIRM, FOUNDATION, CORPORATION, OR GOVERNMENTAL AGENCY, PROPERTY WHICH WILL CONSTITUTE THE FUNDS OF THE ASSOCIATION OR WHICH BY GIFT, BEQUEST OR OTHERWISE IS DEDICATED TO THE ASSOCIATION. C.) TO OWN, HOLD, MANAGE, INVEST, AND REINVEST SUCH PROPERTY RECEIVED BY THE FOUNDATION AND TO USE AND APPLY THE NET INCOME AND PRINCIPAL OF ALL SUCH PROPERTY IN SUCH A MANNER AND AT SUCH TIMES AS DEEMED BEST FOR THE USE OR BENEFIT OF THE ASSOCIATION.