STATEMENT UNDER REG. 53.4942(A)-3(B)(7)(II):(A) STATEMENT DESCRIBING THE NATURE AND PURPOSES OF THE SPECIFIC PROJECT FOR WHICH AMOUNTS ARE TO BE SET ASIDE: THE UPKEEP, MANAGEMENT, ESTABLISHMENT AND PRESERVATION OF THE 28 ACRES ADJOINING THE HISTORIC FORT JEFFERSON, INCLUDING AN INFORMATION PAVILION, GEOLOGICAL ADDITION, BIRD SANCTUARY, HISTORICAL ADDITION, WILDLIFE HABITAT, AND NATURAL HORTICULTURE AND/OR EMERALD GREEN DRAGONFLY REFUGE. THE CASH SET ASIDE IS FOR THE FOLLOWING: 1. CONSTRUCITON OF A STORAGE SHED WITH GARAGE DOORS AND EXTERNAL DOOR ENTRANCE; EXTERNAL AND INTERNAL WATER SOURCES, AND A PRIVATE TOILET; 2. CONSTRUCTION OF A PARKING AREA AND A RESOURCE BUILDING TO ALLOW FOR ADDITIONAL SUPPLY STORAGE, LAB SPACES TO SHARE WITH OTHER UNIVERSITY DEPARTMENTS, A SMALL AREA WITH CHAIRS AND TABLES FOR LECTURES AND SIMPLE GUEST QUARTERS FOR A STUDENT OR VISITING FACULTY; 3. AN OUTDOOR PAVILION FOR TEACHING AND WORKING, WITH SHADE FROM THE SUN OR COVER FROM RAIN.(B) STATEMENT THAT THE AMOUNTS SET ASIDE WILL ACTUALLY BE PAID FOR THE SPECIFIC PROJECT WITHIN 60 MONTHSAFTER THE DATE OF THE FIRST SET-ASIDE: $100,000 WILL BE PAID WITHIN 60 MONTHS.(C) THE PROJECT WAS NOT COMPLETED BEFORE THE END OF THE TAX YEAR IN WHICH THE SET-ASIDE WAS MADE.(D) A LIST OF THE DISTRIBUTABLE AMOUNTS FOR ANY PRIOR TAX YEARS OF THE FOUNDATION'S START-UP AND FULL PAYMENTPERIODS: N/A - 2022 WAS THE FIRST YEAR OF THE START-UP PERIOD. NOTHING WAS DISTRIBUTED IN 2023.(E) A LIST OF ACTUAL DISTRIBUTIONS (FOR EXEMPT PURPOSES) MADE BY THE FOUNDATION DURING EACH YEAR OF ITSSTART-UP AND FULL PAYMENT PERIODS: 2021: $32,0222022: $35,4172023: $24,259
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