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Mission: To hold title to investment assets, collect the income therefrom, and, after paying expenses, distribute all of its net income each year to the heckscher foundation for children, an organization which is exempt from tax under section 501 (c) (3) of the internal revenue code.
Programs: On december 15, 1997, a restated certificate of incorporation was filed with the delaware secretary of state, providing that the corporation's sole activity will be to hold title to marketable securities, mortgages, or other receivables, and real property and/or direct or indirect interests in real property, collect the income therefrom, and, after paying expenses, distribute all of its net income each year to the heckscher foundation for children, an organization which is exempt from tax under section 501(c) (3) of the internal revenue code.