THE BILLY TURNEY FOUNDATION INC

THE BILLY TURNEY FOUNDATION INC THE BILLY TURNEY FOUNDATION HAS BEEN ESTABLISHED IN HONOR AND IN MEMORY OF MR. WILLIAM H. TURNEY AND HIS COMMITMENT AND LOYALTY TO HIS FAMILY, HIS FRIENDS, HIS COMMUNITY AND TO THE MANUFACTURED HOUSING INDUSTRY. THE FOUNDATION HAS BEEN ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES. IN ORDER TO FURTHER DEFINE THE PURPOSES, THE FOUNDATION SHALL, AMOUNG OTHER THINGS, WORK TO ACCOMPLISH THE FOLLOWING: - ADVANCEMENT OF EDUCATION THROUGH THE AWARD OF SCHOLARSHIPS TO UNDERPRIVILEGED AND DESERVING YOUTH; - RELIEF OF THE POOR, THE DISTRESS, OR THE UNDERPRIVILEGED BY HELPING TO PROVIDE SAVE AND AFFORDABLE HOUSING; AND - TO USE THE FOUNDATION FUNDS TO ACCOMPLISH ANY CHARITABLE PURPOSE THAT THE BOARD OF DIRECTORS DEEM BENEFICIAL TO SOCIETY.