TO PROVIDE SCHOLARSHIPS FOR INDIVIDUALS ENTERING COLLEGE OR POST GRADUATE STUDIES WHO HAVE SHOWN NOTABLE ACADEMIC ACHIEVEMENTS AND TO STUDENTS WHO HAVE DEMONSTRATED TALENT IN VARIOUS FORMS OF DANCE AND ARE PURSUING CAREERS IN DANCE. ADDITIONALLY, SUPPORT HEALTHCARE INITIATIVES SPECIFICALLY FOCUSED ON WOMAN'S HEALTH AND ALZHEIMER RESEARCH OR ANY OTHER SECTION 501(C)(3) ORGANIZATION APPROVED BY THE BOARD OF TRUSTEES.