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        <ExplanationTxt>Cabanilla Foundation Inc. will carry out educational activities by awarding scholarshipsfor university studies for Associate, Bachelor, and Masters degree programs. The activities will be carried out by the directors and volunteers and will be conducted in the state of Florida. A substantial amount of time will be allocated to the activity and will be funded by both private and public donations. The aforementioned activity furthers the exempt purpose by providing scholarships to students based on academic, cultural and sports merit along with economic need.</ExplanationTxt>
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