Honoring the Peace Corps’ mission and telling the story of the timeless American ideals and values symbolized by Peace Corps service Peace Corps Park, honoring the better angels of our nature in the spirit of service. Honoring the Peace Corps’ mission and telling the story of the timeless American ideals and values symbolized by Peace Corps service. FORM 990-EZ, PART III, PRIMARY EXEMPT PURPOSE - ON JANUARY 24, 2014, PRESIDENT OBAMA SIGNED PUBLIC LAW 113-78 (THE ACT), AUTHORIZING THE PEACE CORPS FOUNDATION, DBA THE PEACE CORPS COMMEMORATIVE FOUNDATION (THE FOUNDATION), TO ESTABLISH A COMMEMORATIVE WORK ON FEDERAL LAND IN THE DISTRICT OF COLUMBIA. THE FOUNDATION'S MISSION, AS AUTHORIZED BY THE ACT, IS TO HONOR THE FOUNDING OF THE PEACE CORPS IN 1961 AND THOSE FUNDAMENTAL AMERICAN IDEAS AND VALUES SYMBOLIZED BY THE PEACE CORPS SERVICE.THE FOUNDATION IS SOLELY RESPONSIBLE FOR ACCEPTANCE OF CONTRIBUTIONS FOR, AND PAYMENT OF THE EXPENSES OF, THE ESTABLISHMENT OF THIS COMMEMORATIVE WORK.