36 U.S.C. § 31102

Purposes

The purposes of the corporation are—

(1)

to promote the health, social, educational, vocational, and character development of youth throughout the United States; and

(2)

to receive, invest, and disburse funds and to hold property for the purposes of the corporation.

( Pub. L. 105–225 , Aug. 12, 1998 , 112 Stat. 1327 .)