The MCA Foundation is a nonprofit organization working to advance the development and growth of innovation for the region's healthcare and biomedical industries The MCA Foundation is focused on connecting, developing and incubating the life science industry THE PURPOSE OR PURPOSES FOR WHICH THE CORPORATION IS ORGANIZED ARE AS FOLLOWS: (1) TO ENCOURAGE AND ASSIST IN THE ESTABLISHMENT OF A MEDICAL CENTER IN EL PASO, TEXAS; (2) TO FACILITATE AND PROMOTE MEDICAL RESEARCH AND EDUCATION TO ADDRESS HEALTH ISSUES IMPACTING THE GREATER EL PASO, TEXAS GEOGRAPHIC AREA; (3) TO MAKE GRANTS, LOANS OR OTHER DISTRIBUTIONS TO QUALIFIED ORGANIZATIONS OR INDIVIDUALS EXCLUSIVELY TO ADDRESS THE HEALTH NEEDS OF THE GENERAL POPULATION OF THE GREATER EL PASO, TEXAS GEOGRAPHIC AREA; (4) TO PERFORM SUCH OTHER SERVICES, ACTIVITIES AND FUNCTIONS AS MAY BE PERMITTED TO CORPORATIONS EXEMPT FROM TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 (THE "CODE"); AND (5) AT ALL TIMES AND WITHIN SUCH PURPOSES, TO OPERATE EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE CODE.