To engage in the solicitation, receipt and administration of property, and from time to time to disburse such property and the income therefrom to, or for the benefit of, sharp healthcare, a california nonprofit public benefit corporation which is TAX-exempt under section 501(c)(3) of the internal revenue code, and its nonprofit subsidiaries which are TAX-exempt under section 501(c)(3) of the internal revenue code, distributions for sharp REES-stealy corporation shall be limited to funds designated by the donors for that purpose. Such disbursements shall be used by the forgoing entities for the following purposes: (1) major capital expenditures; (2) major renovation of buildings; (3) major equipment purchases; (4) medical and other professional health care education; (5) community health education; and (6) medical research. The corporation may also solicit, receive and administer funds in the form of donor-advised funds, subject to the following conditions: (1) the board of directors of the corporation may consider the recommendations of donors for distributions from said funds but shall at ALL times have and retain SOLE authority over such distributions; and (2) distributions from ANY such fund may, in the SOLE discretion of the corporation's board of directors, be made to or for the benefit of one or more organizations other than sharp healthcare or a nonprofit TAX-exempt subsidiary of sharp healthcre , provided that ANY such organization is an organization described in sections 170(b)(1)(a), 170(c), 2055(a), and 2522(a) of the internal revenue code OS 1986, as amended.