Valley Fund Corporation

To operate for the benefit of the san gabriel valley training center residential facility, a nonprofit california corporation, so long as that organization is a tax-exempt organization described in section 509 (a)(1) or (2) of the internal revenue code, and any other section 509 (a)(1) or (2) organizations aimed at developing vocational or living skills of, or providing care for, handicapped persons; to act as trustee under any trust created to furnish funds for the principal objectives of the corporation, and to receive, hold, administer, and expend funds and property subject to such trust.