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THE ORGANIZATION IS CREATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OR CORRESPONDING SECTIONS OF FUTURE TAX CODES.

TO PRESERVE, RENOVATE, RESTORE AND REHABILITATE THE PROPERTIES OF THE BASILICA OF ST. LAWRENCE, A CHURCH THAT WAS CONSTRUCTED IN 1909 THAT HAS AN ADDRESS OF 97 HAYWOOD STREET, ASHEVILLE, NC 28801. TO RECEIVE AND MAINTAIN CONTRIBUTIONS OF MONEY, PERSONAL PROPERTY AND REAL PROPERTY TO USE AND APPLY TO A TAX-EXEMPT ORGANIZATION.

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