Tavern League Foundation of Burnett County
The Tavern League Foundation of Burnett County is organized and shall be operated exclusively for charitable and educational purposes, within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986, as amended from time to time. More specifically, the Foundation is organized and shall be operated as a chapter of the Wisconsin Tavern League Foundation, a Wisconsin nonprofit corporation that is recognized as exempt from taxation under Code Section 501(c)(3), and in operating as a chapter of the Foundation, shall engage in the following activities: (a) receive, obtain, control, hold, administer, invest and reinvest and disburse such funds and property of any type as may be received by the Foundation, either absolutely or in trust, from gifts, bequests, devises, grants, contributions, or otherwise, and the earnings and increments thereof for the purposes herein described; (b) own, lease, sell, exchange or otherwise deal with all property, real and personal, tangible or intangible, to be used in furtherance of these purposes; and (c) engage in any and all lawful activities incidental, useful or necessary to the accomplishment of the above-referenced purposes.