AMERICAN FRIENDS OF CONTEMPORARY ARTINC C/O PATTERSON BELKNAP WEBB & TYLER LLP

AMERICAN FRIENDS OF CONTEMPORARY ARTINC C/O PATTERSON BELKNAP WEBB & TYLER LLP THE PURPOSES OF THE ORGANIZATION ARE TO PROVIDE FINANCIAL AND OTHER SUPPORT TO PROGRAMS AND PROJECTS THAT FOSTER THE UNDERSTANDING AND APPRECIATION OF MODERN AND CONTEMPORARY ART, WITH A PARTICULAR FOCUS ON THE WORKS OF SPANISH-SPEAKING ARTISTS. IN FURTHERANCE OF THESE PURPOSES, THE ORGANIZATION WILL SUPPORT, AMONG OTHER PROGRAMS AND PROJECTS, THE ACTIVITIES OF FUNDACION MUSEO REINA SOFIA (THE "FOUNDATION"), AN INTERNATIONAL ORGANIZATION HEADQUARTERED IN MADRID, SPAIN, WHOSE PURPOSES ARE TO PROMOTE PARTNERSHIPS AMONG MUSEUMS, ART CENTERS, AND UNIVERSITIES IN ORDER TO ENCOURAGE MORE WIDESPREAD APPRECIATION OF ART AND SPANISH ARTISTS, AND TO SUPPORT THE MUSEO NACIONAL CENTRO DE ARTE REINA SOFIA (THE "MUSEUM"), AN INTERNATIONALLY RENOWNED ART MUSEUM LOCATED IN MADRID, SPAIN. THE ORGANIZATION MAY ALSO SUPPORT OTHER ORGANIZATIONS AND PROJECTS THAT SHARE THE CHARITABLE AND EDUCATIONAL MISSIONS OF THE FOUNDATION AND THE MUSEUM.