Article II: Purpose
The purpose for which the corporation is formed is to solicit, accept, hold, invest, reinvest, and administer any gifts, bequests, devices, benefits of trusts (but not to act as administrator or trustee of any trusts), property of any sort without limitations as to any amount or value, and to use, disburse, and donate the income or principal thereof to the sole benefit of the University of Arkansas Fort Smith; to promote education and other related activities of the said University; and perform any such acts as may be necessary to carry out the foregoing purposes of the corporation so long as said acts are within the power granted to nonprofit corporations under the laws of the State of Arkansas.