The specific purpose of the UCLA investment company is to allocate, invest and manage the general endowment POOL of the UCLA foundation, together with ANY other assets for which the foundation or other charitable nonprofit entities which are exempt from federal income TAX under code section 501(c)(3) may delegate investment and management responsibility to this company, subject to the oversight of the foundation and the board of directors of this company, and to promote, conduct and support activities related or incidental to such purpose.