Lotus Supporting Foundation Inc.

Lotus supporting foundation, inc. Is a non-profit corporation organized and operated exclusively for the benefit of the sundari foundation, inc., a florida not-for-profit corporation and a public charity under sections 501 (c)(3) and 509 (a)(3) of the internal revenue code. Lotus supporting foundation, inc. Was formed to secure the financial stability and long-term viability of the sundari foundation. Lotus supporting foundation, inc. Is not authorized to benefit any other organization other than the sundari foundation or upon dissolution at a time when the sundari foundation no longer exists, one or more organizations devoted to similar purposes as the foundation which are exempt as 501 (c) (3) charitable organizations.

Lotus supporting foundation, inc. (the organization") is a type ii supporting organization under section 509(a)(3)(b)(ii) of the internal revenue code, and supports the sundari foundation, inc., a public charity qualifying under code sections 501(c)(3) and 509(a)(1). The organization will raise grants, donations and contributions for the benefit of the sundari foundation, inc. And/or lotus endowment fund, inc. ("endowment") and will facilitate endowment's financing for the development and or redevelopment of endowment's real estate assets, benefitting sundari foundation. The organization's support of endowment is for the exclusive benefit of the sundari foundation so that the sundari foundation can carry out its charitable purpose.