The primary purpose of the florida classic consortium corporation is to organize, sponsor, manage, produce, promote and participate in the athletic contest specifically known as the florida classic, an intercollegiate athletic football conference contest between florida A&M university and bethune-cookman university; to solicit, raise, and otherwise receive funds from sponsors and the general public and to use, contribute, disperse and dispose of such funds for the above purposes and the intercollegiate athletic programs of the above-mentioned educational institutions.