THE LAWSON ACADEMY REAL ESTATE CO

THE LAWSON ACADEMY REAL ESTATE CO THE LAWSON ACADEMY REAL ESTATE CO., A TEXAS NONPROFIT CORPORATION (THE ORGANIZATION") HAS BEEN ORGANIZED FOR THE BENEFIT OF WILLIAM A. LAWSON INSTITUTE OF PEACE AND PROSPERITY, A TEXAS NONPROFIT CORPORATION ("WALIPP"). THE ORGANIZATION INTENDS TO BE A SUPPORTING ORGANIZATION TO WALIPP UNDER SECTION 509(A)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE"). IT IS OPERATED, SUPERVISED AND CONTROLLED BY WALIPP. THE ORGANIZATION'S OPERATIONS ARE EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, TO SUPPORT, AND TO CARRY OUT THE PURPOSES OF WALIPP, PROVIDED THAT WALIPP CONTINUES TO BE AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) AND SECTION 170(B)(1)(A) OF THE INTERNAL REVENUE CODE AT THE TIME OF ANY GIVEN DISTRIBUTION TO OR ON BEHALF THEREOF.