Purpose

The purposes of The Coleman Foundation are to benefit, perform the functions of, or carry out the purposes of one or more organizations recognized as public charities under Section 501(c)(3) of the Internal Revenue Code, or the corresponding section of any future federal tax code (the “Code”), and described in Section 509(a)(1) or 509(a)(2) of the Code, and that are:


    • organization(s) providing high school or post-secondary education, or vocational training to individuals;
    • organization(s) providing sports and related recreational activities for children and adults;
    • organization(s) involved in the performing arts or visual arts;


Such organizations are referred to as “Supported Organizations.” At all times the Supported Organizations must be tax exempt under Section 501(c)(3) of the Code as public charities or otherwise qualify as permitted supported organizations pursuant to Section 509(a)(3) of the Code.