GRAND VIEW CHRISTIAN SCHOOL FOUNDATION

TO RECEIVE, ACCUMULATE, INVEST, MANAGE, AND DISBURSE MONEY AND PROPERTY OF EVERY KIND, WHETHER RESTRICTED OR UNRESTRICTED, TO BE USED EXCLUSIVELY FOR THE SUPPORT AND AID OF THE CHRISTIAN EDUCATION PROGRAMS OF SCHOOLS OPERATED BY GRAND VIEW CHRISTIAN SCHOOL ASSOCIATION (GVCSA) FOR SO LONG AS GVCSA REMAINS QUALIFIED AS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)3 OF THE INTERNAL REVENUE CODE, AS AMENDED. TO THIS END, THE EARNINGS AND ASSETS OF THE FOUNDATION SHALL BE APPLIED, IN ACCORDANCE WITH THE DONOR'S INTENT, IF ANY, TO PROMOTE CURRICULUM RESEARCH AND DEVELOPMENT, EXPAND AND ENRICH FACULTY POSITIONS, IMPROVE FACULTY COMPENSATION, SUPPORT BUILDING DEVELOPMENT AND IMPROVEMENT, PROVIDE SCHOLARSHIPS FOR STUDENTS ATTENDING SCHOOLS OPERATED BY GVCSA, AND TO SUPPORT ANY OTHER PROGRAM OR NEED OF GVCSA AS SUPPORTED BY ITS BOARD OF DIRECTORS, ALL WITHOUT REGARD TO SEX, RACE, COLOR, NATIONAL, OR ETHNIC ORIGIN OR DISABILITY.