THE CORPORATION IS ORGANIZED EXCLUSIVELY AS A CHARITABLE ORGANIZATION WITHIN THE MEANING OF INTERNAL REVENUE SERVICE CODE THE CODE SECTION 501C3, OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE, FOR THE PURPOSE OF: 1 PROMOTING AND ENCOURAGING HEALTH, FITNESS, FAMILY RECREATION AND COMPETITION FOR ALL INDIVIDUALS IN THE COUNTIES OF GRAND TRAVERSE, KALKASKA, LEELANAU, ANTRIM AND BENZIE, THROUGH THE ACTIVITIES OF RUNNING, RACE-WALKING, AND WALKING 2 PROMOTING AND CONDUCTING COMPETITIVE RACES OR OTHER RUNNING/WALKING EVENTS 3 EDUCATING THE PUBLIC AS TO THE HEALTH BENEFITS OF RUNNING AND WALKING 4 PRESENTATION OF AWARDS AND GRANTING OF EDUCATIONAL SCHOLARSHIPS AND COMMUNITY GRANTS 5 PARTICIPATION IN AND/OR INSTITUTION OF RESEARCH PROJECTS RELATING TO ITS EXEMPT ACTIVITIES 6 MAINTAINING MEMBERSHIP IN THE ROAD RUNNERS CLUB OF AMERICA, INC., A NONPROFIT CORPORATION EXEMPT FROM TAXATION UNDER SECTION 501C3 OF THE CODE, AND 7 DOING ALL OTHER THINGS AND EXERCISING ALL CORPORATE POWERS