On the dissolution or winding up of the association, its assets
remaining after payment of, or provision for payment of, all debts
and liabilities of this association, shall be distributed to a
nonprofit fund, foundation, or corporation which is organized
and operated exclusively for charitable and/or educational purposes
and, if the association has obtained a tax exempt status, which
has established its tax-exempt status under Section 501(c)(3)
of the Internal Revenue Code.