Vermont Business Magazine Cathedral Square announced that they met their $1 million fundraising goal for Memory Care at Allen Brook, their Williston-based residence for very low-income Vermonters on Medicaid and the only truly affordable memory-care residence in the state. The capital campaign was created last October to pay off the remaining debt on the property, a need identified when the pandemic caused unprecedented increases to their operating budget. Now that the debt is paid off, Allen Brook will remain sustainable into the future. The campaign launched thanks to support from the families of Holly & Bob Miller and Lois & J. Warren “Mac” McClure. The two families pledged to match every donation to the campaign, dollar for dollar, up to $500,000.

Source: Forbes April 12, 2023 14:42 UTC