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 .)