THE CENTER FOR THE VISUALLY IMPAIRED FOUNDATION, INC (CVIF) OPERATES EXCLUSIVELY FOR THE BENEFIT OF THE CENTER FOR THE VISUALLY IMPAIRED, INC (CVI). CVIF SUPPORTS THE ACTIVITIES OF CVI AND CONDUCTS FUND-RAISING ACTIVITIES FOR THE BENEFIT OF CVI. IN ADDITION, THE CVI FOUNDATION, INC. SERVES THE ROLE OF RECEIVING GIFTS ON BEHALF OF CVI AND INVESTING THEM UNTIL UTILIZED FOR THE PURPOSE INTENDED BY THE DONOR AND MANAGES PERMANENTLY RESTRICTED (ENDOWMENT) ASSETS HELD BY CVI.