ByLaws


ARTICLE VIII
GOVERNING DOCUMENT OF ENDOWMENT FUNDS

Section 1: Monies or Properties. Those received to establish and grow an endowment fund shall be maintained in a separate account from the general funds of the Lions Organ and Eye Bank.

Section 2: Funds. Shall be invested or deposited in such account/s as the Board of Directors considers prudent and as allowed by the By-Laws of the Corporation.

Section 3: New Account. A 75% vote of the Board of Directors shall be required to transfer the endowment fund or any portion of the endowment fund to any financial institution to establish a new account.

Section 4: Access of Funds. Access to the endowment funds shall be strictly limited. Only the interest income should be transferred if needed to the general funds. The transfer, or release, of any part of the principal funds shall require a seventy-five (75%) vote of the Board of Directors. No part of the interest or principal shall be issued for purposes other than those of the Lions Organ and Eye Bank of District 2-E2, Inc., except as provided in the case of dissolution of the corporation. 7