FOUNDATION MACBA INC

FOUNDATION MACBA INC TO EDUCATE, INSPIRE CREAVITY AND FOSTER INCLUSION, PRIMARILY THROUGH SUPPORT OF MACBA - (MUSEO DE ARTE CONTEMPORANEO DE BUENOS AIRES) ("MACBA"), AN ARGENTINE NON-PROFIT ORGANIZATION. THE FOUNDATION SEEKS TO RAISE AWARENESS OF AND SUPPORT MACBA AND ITS COLLECTION OF INTERNATIONAL CONTEMPORARY ART AS WELL AS ARGENTINE ART IN GENERAL. THE FOUNDATION PLANS TO SUPPORT OR COLLABORATE WITH OTHER NON-PROFIT AND GOVERNMENTAL ORGANIZATIONS IN FURTHERANCE OF ITS MISSION, SUCH AS BY CREATING JOINT PROGRAMMING AND EXHIBITIONS OR FOSTERING ART LOANS BETWEEN CULTURAL INSTITUTIONS. ALL OF THE FOUNDATION'S GRANTS TO MACBA OR OTHER ORGANIZATIONS WILL BE REVIEWED AND APPROVED BY THE FOUNDATION'S BOARD OF DIRECTORS, WHICH WILL MAINTAIN DISCRETION AND CONTROL OVER THE FUNDS CONTRIBUTED TO THE FOUNDATION.