THE GEORGETOWN COLLEGE FOUNDATION INC

THE PURPOSE OF THE FOUNDATION IS TO ACT AS A SUPPORTING ORGANIZATION FOR GEORGETOWN COLLEGE; TO HOLD, INVEST AND ADMINISTER ENDOWMENT AND SIMILAR FUNDS FOR THE BENEFIT OF GEORGETOWN COLLEGE; TO SOLICIT, COLLECT AND RECEIVE GIFTS, BEQUESTS, DEVISES OR GRANTS OF REAL OR PERSONAL PROPERTY FOR THE BENEFIT OF GEORGETOWN COLLEGE; AND TO EXERCISE ALL POWERS POSSESSED BY CORPORATIONS FORMED UNDER THE KENTUCKY NONPROFIT CORPORATION ACT, AS AMENDED, THAT ARE NOT INCONSISTENT WITH THE FOUNDATION'S QUALIFICATIONS UNDER SECTION 501(C)(3) OF THE CODE.