HRDC GRIFFIN PLACE HOLDING CORPORTATION

THE CORPORATION IS INTENDED TO BE ORGANIZED AND OPERATED AT ALL TIMES EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND/OR TO CARRY OUT THE PURPOSES OF HUMAN RESOURCE DEVELOPMENT COUNCIL OF DISTRICT IX, INC. ("HRDC"), A MONTANA NONPROFIT CORPORATION THAT IS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) AND SECTION 509(A)(1) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, INCLUDING BUT NOT LIMITED TO: (1) ISOLATING CERTAIN REAL ESTATE ACTIVITIES AND LIABILITIES FROM HRDC'S OVERALL CHARITABLE ACTIVITIES AND ASSETS, AND (2) SEPARATING CERTAIN FINANCING AND FUNDRAISING CONSIDERATIONS FROM HRDC'S GENERAL OPERATIONS AS A COMMUNITY DEVELOPMENT AND HUMAN SERVICES NONPROFIT.