"The purpose of Owatonna Business Women is to educate its members regarding topics of interest relating to the personal growth, professional development, and political awareness of issues relating to women and to award annual scholarships for the post secondary education of women."
Objectives of OBW:
Charitable and Educational:
OBW is organized exclusively for charitable and educational purposes within the meaning of 501(c)(3) of the Internal Revenue Code, or the corresponding section of any future federal tax code, or such other provisions of Minnesota or federal law as may from time to time be applicable, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations under said section 501 (c)(3). OBW shall not be operated for profit, but shall be operated exclusively for charitable and educational purposes.