Gifts from alumni/ae and friends to establish an endowed fund, income to make an award to member(s) of the MIT Outing Club to undertake an 'adventure' challenging themselves in the outdoors as Sean Collier had. The income will be used for travel, guide services, or other expenses relating to an outdoor adventure. Income in excess of the amount allocated for the MIT Outing Club shall be used for support and maintenance of the permanent memorial to Officer Collier.