THE ORGANIZATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHINTHE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 (OR THE CORRESPONDINGPROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW), INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE IRC OF 1986 (OR THE CORRESPONDING PROVISION OF ANY FUTURE US INTERNAL REVENUE LAW). TO THE EXTENT ALLOWED UNDER THE PRECEEDING SENTENCE, THE CORP. IS ORGANIZED FOR THE FOLLOWING PURPOSES: TO PROMOTE AND MANAGE THE AREA KNOWN AS MIDTOWN PUBLIC IMPROVEMENT DISTRICT IN DALLAS, TX (THE "DISTRICT") AND ATTRACT RESIDENTS TO THE DISTRICT.