FOUNDATION FOR INDIANA UNIVERSITY OF PENNSYLVANIA

The purposes for which this corporation is formed are to promote educational purposes in connection with or at the request of Indiana University of Pennsylvania, and the various activities of or pertaining to said institution, in any lawful manner including, but not limited to, the following: by encouraging, sponsoring, aiding, or conducting scientific investigations, research and educational studies, activities and pursuits of all kinds; by training and developing persons for the conduct of such investigations and activities, and by acquiring and disseminating knowledge in relation thereto; by furthering and encouraging education and learning in the arts and sciences and the several pursuits and professions of life; by making gifts, scholarships or other grants, loans or otherwise providing money, credit or financial assistance for the seeking, acquiring, holding and using gifts, bequests, devises, endowments and foundations for the several needs of Indiana University of Pennsylvania, its faculty, staff or students; by acquiring, constructing, or otherwise providing buildings, grounds, or other suitable facilities, improvements or equipment for Indiana University of Pennsylvania or for the use or benefit of Indiana University of Pennsylvania or its faculty, staff or students; by acquiring, constructing, or otherwise providing buildings, grounds, or other suitable facilities, improvements or equipment for Indiana University of Pennsylvania or for the use or benefit of Indiana University of Pennsylvania or its faculty, staff or students; by acquiring, holding, using or providing real and personal property, funds, credit or financial assistance for the accomplishment of any or all of said objectives and purposes and all material necessarily or properly incident thereto or connected therewith; and by supporting and assisting, in any other manner or by any other means whatsoever, the Indiana University of Pennsylvania Board of Trustees in the conduct of the affairs of Indiana University of Pennsylvania and the accomplishment of the educational purposes of said institution. The foregoing should be construed as powers as well as purposes, and this corporation shall also have, use and employ any and all powers necessarily or properly incident to or connected with any of the foregoing purposes and powers including the power to acquire in any lawful manner such property, real, personal or mixed or any interest therein as may be necessary to the transaction of its business or the execution of any trust, and may hold, use, lease, sell, mortgage, pledge, assign, transfer or convey the same or any part thereof. This corporation may also seek, administer, exploit and defend patents which may result from discoveries made by employees of the Indiana University of Pennsylvania or of The Foundation for Indiana University of Pennsylvania in connection with their assigned duties. This is a corporation which does not contemplate pecuniary gain or profit, incidental or otherwise, to its members.