The purposes of the corporation are—

((1)) to form a bond of friendship and comradeship among all holders of the Medal of Honor as presented by Congress;

((2)) to protect, uphold, and preserve the dignity and honor of the medal at all times and on all occasions;

((3)) to protect the name of the medal and individual holders of the medal from exploitation;

((4)) to provide appropriate aid to all persons to whom the medal has been awarded, their widows, or their children;

((5)) to serve our country in peace as in war;

((6)) to inspire and stimulate our youth to become worthy citizens of our country; and

((7)) to foster and perpetuate Americanism.