CATHOLIC CHARITIES FOUNDATION OF THE

TO ESTABLISH, RECEIVE AND MAINTAIN A FUND OR FUNDS FOR THE SUPPORT OF ACTIVITIES MANAGED AND MAINTAINED BY CATHOLIC CHARITIES OF THE DIOCESE OF PALM BEACH, INC. (CATHOLIC CHARITIES); TO THAT END, TO RECEIVE BY GIFT, GRANT, BEQUEST, DEVISE OR (CONTINUED ON SCHEDULE O) OTHERWISE ANY AND ALL PROPERTY OF AND SORT OR NATURE, WITHOUT LIMITATION AS TO AMOUNT OR VALUE, AND TO MANAGE, ADMINISTER, INVEST, REINVEST, AND DISPOSE OF THE SAME; TO ADMINISTER ENDOWMENT FUNDS; FROM TIME TO TIME PAY AND APPLY THE FUNDS AND PROPERTY OF THE CORPORATION, INCLUDING THE PRINCIPAL AS WELL AS INCOME THEREOF, FOR THE SUPPORT OF ACTIVITIES MANAGED AND MAINTAINED BY CATHOLIC CHARITIES.