THE FOUNDATION WILL MAKE GRANTS TO OTHER ORGANIZATIONS THAT ARE CLASSIFIED AS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE CODE, AND ARE CLASSIFIED AS PUBLIC CHARITIES UNDER SECTION 509(A)(1) OR 509(A)(2) OF THE CODE. GRANTEE ORGANIZATIONS WILL BE SELECTED BY THE DIRECTORS. PRIOR TO APPROVING A DISTRIBUTION, THE FOUNDATION WILL OBTAIN EVIDENCE OF THE GRANTEE ORGANIZATION'S SECTION 501(C)(3) PUBLIC CHARITY STATUS. THE FOUNDATION WILL REQUIRE GRANTEES TO PROVIDE FINAL REPORTS AND, FOR MULTI-YEAR GRANTS, ANNUAL REPORTS DESCRIBING HOW THE GRANT FUNDS WERE USED FOR THEIR INTENDED PURPOSES. THE FOUNDATION WILL ALSO REVIEW FINANCIAL STATEMENTS OF THE GRANTEE ORGANIZATIONS ON A REGULAR BASIS. THE FOUNDATION WILL MAINTAIN A DISTRIBUTIONS LEDGER LISTING, INTER ALIA, THE DATES OF ALL DISTRIBUTIONS, THE ORGANIZATIONS TO WHICH THE DISTRIBUTIONS ARE MADE, AND THE AMOUNT OF THE DISTRIBUTIONS.