Smith-Homestead Foundation

1. Soliclt accept receive acqulre by purchase lease agreement grant donation legacy gift bequest or otherwise any kind of real or personal property and to enter into and carry out agreements undertaking and conditions in connection therewith. 2. To acquire hold purchase convert lease mortgage sell or dispose of any asset owned by the corporation and to invest and reinvest any principal in such manner as may from time to time to be determined. 3. To disburse and distribute moneu and property in futherance of objects of the corporation 4. To cooperate with other charitable organizations and foundations. 5. To give donations for charitable purpose to registered charities or other qualified donees and definedin section 149.1(1) of the income tax act