Campbell University, Incorporated is an educational organization recognized as exempt from federal income taxes under §501(c) (3) of the Internal Revenue Code; described in each of §170(b)(1)(A), §170(c), §2055(a), and §2522(a) of said Code; and a non-profit corporation organized and existing under the laws of the State of North Carolina, with its principal office located in Buies Creek, North Carolina 27506.