St. Marys Capital Development Fund Inc.

The purpose of St. Mary's Capital Development Fund, Inc. will be to benefit St. Mary's of the Miraculous Medal through charitable contributions to assist in building a new church and funding future church related activities. This will be accomplished by utilizing the non-profit to develop the 5 acre area known as "The Cloister or The Vineyard". The non-profit will pay the Parish the appraised value for the land, and develop a residential subdivision with all of the profits gifted to assist in building the new church and fund future church activities. We will obtain an initial private individual contribution of $100,000.00 that will fund the development. The improvements will consist of single family assisted/independent living facilities (55 years of age and up residents).

The purpose of St. Mary's Capital Development Fund, Inc. will be to benefit St. Mary's of the Miraculous Medal through charitable contributions to assist in building a new church and funding future church related activities. This will be accomplished by utilizing the non-profit to develop the 5 acre area known as "The Cloister" or "The Vineyard". The non-profit will pay the Parish the appraised value for the land, and develop a residential subdivision with all of the profits gifted to assist in building the new church and fund future church activities. We will obtain an initial private individual contribution of $100,000.00 that will fund the development. The improvements will consist of single family assisted/independent living facilities (55 years of age and up residents).