Extract to table

230320-001847 Date of Filing: March 20, 2023 The undersigned, being a natural person of the age of eighteen years or over, acting as incorporator of a corporation formed under the New York Not-for-Profit Corporation Law (the "N-PCL"), hereby certifies as follows: ARTICLE FIRST: NAME The name of the corporation shall be The Caldwell Family Foundation (hereinafter referred to as the "Corporation")

The Corporation shall not engage in any act of self-dealing as defined in Section 4941(d) of the Code with any disqualified person as defined in Section 4946 of the Code

The Corporation shall distribute for each taxable year amounts at least sufficient to avoid the imposition of the tax on undistributed income imposed by Section 4942 of the Code

The Board of Directors shall monitor the Corporation's qualifying distributions on a regular basis and shall take all steps necessary to ensure compliance with this requirement

The Corporation shall not retain any excess business holdings as defined in Section 4943(c) of the Code

If the Corporation, together with all disqualified persons (as defined in Section 4946 of the Code), holds an interest in any business enterprise that exceeds the permitted holdings under Section 4943(c) of the Code, the Corporation shall dispose of such excess holdings within the time period prescribed by Section 4943(c)(6) of the Code