Young Mens Christian Association of Metropolitan Dallas Foundation

THE YMCA OF METROPOLITAN DALLAS FOUNDATION (THE FOUNDATION) WAS CREATED AS A SEPARATE AND DISTINCT LEGAL ENTITY IN OCTOBER 1996 TO RECEIVE AND MAINTAIN A FUND OR FUNDS OF REAL OR PERSONAL PROPERTY OR BOTH AND TO USE THE WHOLE OR ANY PART OF THE INCOME OR PRINCIPAL EXCLUSIVELY TO SUPPORT THE MISSION OF THE YMCA OF METROPOLITAN DALLAS (THE ASSOCIATION), TO PUT CHRISTIAN VALUES INTO PRACTICE THROUGH PROGRAMS THAT PROMOTE HEALTHY SPIRIT, MIND, AND BODY FOR ALL. THE FOUNDATION BOARD HAS GOVERNANCE AUTHORITY OVER THE DISTRIBUTION OF FUNDS OF THE FOUNDATION. ALTHOUGH THAT AUTHORITY GIVES THE FOUNDATION THE RIGHT TO DISTRIBUTE FUNDS TO SUPPORT ORGANIZATIONS WITH GOALS SIMILAR TO THE ASSOCIATION, THE INTENT IS TO SUPPORT THE ASSOCIATION, AND AS OF DECEMBER 31, 20233, THE FOUNDATION HAS NOT PROVIDED FUNDS TO ANY OTHER ORGANIZATION.