PENNSYLVANIA AUTOMOTIVE ASSOCIATION

PENNSYLVANIA AUTOMOTIVE ASSOCIATION THE PRIMARY PURPOSE OF PAA FOUNDATION IS TO SUPPORT THE AUTOMOTIVE INDUSTRY IN THE FOLLOWING AREAS:1. TO ACT AS A COMMUNITY FOUNDATION ENABLING THE FOUNDATION TO RECEIVE GIFTS OF MONEY OR OTHER PROPERTY, HOLD THE SAME IN TRUST, INVEST AND PRESERVE IT AND DISTRIBUTE THE INCOME AND PRINCIPAL IN A MANNER CONSISTENT WITH THE GENERAL CHARITABLE PURPOSES OF THE FOUNDATION.2. PROVIDING GRANTS TO OTHER CHARITABLE ORGANIZATIONS THAT CONDUCT PROGRAMS AND ACTIVITIES RELATED TO THE NEW MOTOR VEHICLE INDUSTRY, PAA MEMBERS AND EMPLOYEES OF PAA MEMBERS.3. PROVIDING EDUCATIONAL OPPORTUNITIES AND SCHOLARSHIPS TO THE FAMILIES OF THOSE WHO ARE EMPLOYED IN THE NEW RETAIL MOTOR VEHICLE INDUSTRY IN PENNSYLVANIA, AND ELSEWHERE IN THE UNITED STATES.