CHIARA COMMUNITIES FOUNDATION INC

Chiara Communities Foundation, Inc was formed to exclusively to devote to a program of support for charitable activities within the meaning of Section 501(c)(3) of the IRC of 1986. The Organization may also provide housing for the elderly and affordable housing for low-income individuals. The Organization is a Type II supporting organization assisting its Supported Organizations in meeting their charitable purposes. Those Supported Organizations are 501(c)(3) organizations that provide specially designed housing to elderly persons and low-income elderly persons at the lowest feasible cost and maintains in residence those tenants who subsequently become unable to pay its monthly fees.