The Carle Foundation

The Carle Foundation is organized and at all times operates exclusively for The benefit of, to perform The functions of, and to carry out The purposes of The following healthcare organizations which are affiliated with The corporation through The provision of financial and management assistance: The Carle Foundation hospital, Carle health care incorporated, The Carle development Foundation, or any other not-for-profit corporation that is or becomes affiliated with The corporation, or any of The health care organizations described in this section, which qualifies for exemption from federal income tax under section 501(c)(3) and as a public charity under sections 509(a)(1) or (2) of The code. The Carle Foundation: (a) serves as The parent corporation for an integrated health care delivery network (b) provides financing and management assistance to The organizations described above (c) acquires, owns, uses, leases as lessor or lessee, conveys and otherwise deals in and with real property and any interest therein, all in support of or in furtherance of The charitable purposes of The organizations described above (d) contracts with other organizations (for profit and not-for-profit), with individuals, and with governmental agencies in support of, or in furtherance of, The charitable purposes of The organizations described above and (e) owns or operates facilities or owns other assets for public use and welfare in furtherance of The charitable purposes of The organizations described above.