Mission

TARRANT SPECIAL EVENTS FOUNDATION IS ORGANIZED AND IS OPERATED EXCLUSIVELY FOR (A)CHARITABLE PURPOSES, INCLUDING, WITHOUT LIMITATION, LESSENING THE BURDENS OF GOVERNMENT OF TARRANT COUNTY BY ENGAGING IN ACTIVITIES AND ASSUMING RESPONSIBILITIES PREVIOUSLY ENGAGED IN AND ASSUMED BY TARRANT COUNTY, AND (B)EDUCATION PURPOSES. THESE PURPOSES SHALL BE MET BY THE CORPORATION BY (A)ENGAGING DIRECTLY IN THE SUPPORT OF SUCH PURPOSE AND/OR (B)MAKING DISTRIBUTIONS TO TARRANT COUNTY FOR USE BY TARRANT COUNTY IN THE SUPPORT OF SUCH PURPOSES. WITHIN THE SCOPE OF THE FOREGOING PURPOSES, THE CORPORATION IS ORGANIZED AND OPERATED TO PROMOTE TARRANT COUNTY, TEXAS AND THE DEVELOPMENT OF THE TARRANT COUNTY, TEXAS COMMUNITY. NOTWITHSTANDING ANY OTHER PROVISIONS OF THIS CERTIFICATE OF FORMATION TO THE CONTRARY, THE CORPORATION SHALL NOT CONDUCT OR CARRY ON ANY ACTIVITIES NOT PERMITTED TO BE CONDUCTED OR CARRIED ON BY AN ORGANIZATION WHICH IS EXEMPT FROM TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE COD