Mission
THE CORPORATION HOLDS TITLE TO REAL PROPERTY. THE PROPERTY IS TO BE USED EXCLUSIVELY BY AND/OR FOR THE BENEFIT OF TALMUDICAL INSTITUTE OF UPSTATE NEW YORK, INC. (A NEW YORK NOT-FOR-PROFIT CORPORATION THAT HAS BEEN RECOGNIZED AS A PUBLIC CHARITY EXEMPT FROM TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE), OR TO A SUCCESSOR THERETO RECOGNIZED AS EXEMPT FROM TAXATION UNDER SECTION 501(C) OF THE INTERNAL REVENUE CODE. THE RENTAL ACTIVITY IS A CRITICAL PART OF THE CORPORATION'S MISSION TO SUPPORT TALMUDICAL INSTITUTE OF UPSTATE NEW YORK, INC., A RELIGIOUS CORPORATION AND THE SOLE MEMBER OF THE CORPORATION.