The purpose for which the Corporation is organized is to promote interest and development in the sport of wrestling among parents and the youth of Ankeny, Iowa; To supervise, sponsor and financially assist a disciplined and competitive program of wrestling; To develop in our athletes, strong values and characteristics such as good sportsmanship, honesty, hard work and self-confidence; to stress the concept of parents and children working and cooperating together in all club activities so that the family may be strengthened in the process. Notwithstanding the foregoing, however, the Corporation is organized exclusively for the promotion of amateur sports competition, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the Internal Revenue Code of 1986, as amended (or corresponding section of any future federal tax code).