Mission
THE SPECIFIC CHARITABLE AND PUBLIC PURPOSES FOR WHICH THIS CORPORATION IS FORMED IS TO BENEFIT AND SUPPORT PALO ALTO SENIOR HOUSING PROJECT, INC., A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION ("PASHPI") AND ITS PURPOSES IN ACCORDANCE WITH SECTION 509(A)(3)(A) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE") TO PROVIDE FOR ELDERLY FAMILIES AND ELDERLY PERSONS ON A NONPROFIT BASIS RENTAL HOUSING AND RELATED FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THE PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS OF THE AGED AND CONTRIBUTE TO THEIR HEALTH, SECURITY, HAPPINESS AND USEFULNESS IN LONGER LIVING.