Our Purpose 

Magic Water, Inc., a 
California Nonprofit Public Benefit Corporation (”Corporation”), was incorporated on October 27, 2008.  The Corporation is organized and shall be operated exclusively for charitable, educational, and scientific purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986, as amended (the “Code”).  Such purposes may include, but are not limited to, (i) promoting and advancing the science and art of medicine related to the study of pediatric cancer cells and related structures; (ii) supporting and enhancing education in pediatric oncology fields; (iii) supporting and enhancing pediatric oncology research and in allied fields; (iv) facilitating and improving prevention, diagnosis, and treatment of disorders affecting pediatric cancer cells and related structures, and (v) doing and engaging in any and all activities that may be necessary or incidental to any or all of the foregoing purposes.  No part of the net earnings of the Corporation shall inure to the benefit of any private shareholder, member, or individual.  The Corporation is not disqualified for tax exemption under Section 501(c)(3) of the Code as the Corporation shall not attempt to influence legislation or participate in, or intervene in (including the publishing or distributing of statements), any political campaign on behalf of (or in opposition to) any candidate for public office.
 
            The Corporation is expected to normally receive more than one-third of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions, and not more than one-third of its support from 
gross investment income, and therefore the Corporation qualifies as an organization classified as other than a private foundation under Section 509(a)(2) of the Code.  
 
            The Corporation will enhance the quality of the study of normal and diseased cells and related structures in the medical field of pediatric oncology, including but limited to 
neuroblastoma, by undertaking the following activities:
            
            1.            Provide funds to medical and/or scientific personnel and/or institutions to participate in local, regional, and/or national research programs for the study of pediatric cancer and related pediatric diseases and allied fields in effort to treat and/or cure such diseases.
 
            2.            Provide educational materials and/or medical equipment to medical and/or scientific personnel and/or institutions for the study of pediatric cancer and related diseases in effort to treat and/or cure such diseases.  
 
            3.            Provide literary information, support and education concerning pediatric cancer and related diseases to medical and/or scientific personnel as well as the general public at no cost in an effort to raise public awareness of such diseases so as to promote early detection and treatment.    
 
            The Corporation will only contribute its funds to other IRC §501(c)(3) organizations in order for them to develop treatments and/or research a cure for 
pediatric cancers.  The Corporation’s funds will not be donated or contributed to non-IRC §501(c)(3) organizations.  
 
            The Corporation, itself, is not actively engaged in performing 
pediatric cancer research.  The Corporation is limited to strictly raising funds so that such funds may be provided to one or more research organizations that are exempt under IRC §501(c)(3) provided that such organizations have the means to develop treatments to help cure pediatric cancers.  Specific research projects will be selected by the research organizations receiving funds, provided that the Corporation shall receive written updates regarding such research projects not less frequently than annually.
 
            The Corporation will not own the ownership rights to any of the research performed by recipient research organizations nor will it have the ability to control the disposition of the results of such research.