The corporation is organized exlusively for one or more of the purposes as specified in the Section 501(c)(3) of the Internal Revenue Code of 1986, as amended from time to time (or the corresponding provision of any future United States Internal Revenue Law), included, for such purposes, (A)for raising funds and making distributions to for student enrichment, and (B)the making of distributions to other organizations that qualify as exempt organizations under the terms of Section 501(c)(3) of the Internal Revenue Code of 1986, as amended from time to time (or the corresponding provision of any future United States Internal Revenue Law). The corporation shall not carry on or engage in, otherwise than as an insubstantial part of its activites, activities which in themselves are not furtherance of its exempt purposes.