What does it mean to be a good neighbor? It means watching out for each other. It means offering a helping hand when someone struggles. It means coming together to meet the needs of the community.
The people of ABHOW have a long legacy of being good neighbors, and nowhere is this more evident than through their support of the ABHOW Foundation. Because of the generous contributions of residents, friends, families and team members, the Foundation helps ABHOW’s continuing care retirement communities (CCRCs) support residents who exhaust their assets and provides grants that improve the quality of life in our CCRCs and affordable housing communities.
Although ABHOW assists prospective CCRC residents in determining how their assets will support them over many years, a resident may still outlive those savings or experience an unexpected financial loss. That’s where the Foundation makes a significant impact. Since 1968, the Foundation has supported residents who need financial assistance, providing them with the reassurance that they will not have to move. This support benefits not only those directly receiving assistance; it helps maintain the stability of the entire community, therefore enhancing the lives of all residents.
Benevolent care gives residents the security and peace of mind of knowing they can remain in the community and continue to enjoy a vibrant life. In 2011, gifts to the Foundation helped it provide $1.2 million in benevolent care. In fact, in the past 15 years, the Foundation has supported our CCRCs with more than $16 million in distributions for benevolent care.
Beyond benevolent care, the Foundation supports a variety of programs that benefit all within our communities, including our affordable housing communities, where grants fund services to residents such as nutritious meals, free health screenings and transportation to doctor visits. The upcoming ABHOW Foundation Golf Classic, on Monday, Sept. 24, is a major fundraising event that has significantly improved the quality of life for all affordable housing residents since the first golf tournament in 1997.
Still, the need for donations continues to rise. As economic challenges mount, residents require more assistance to make up for losses in savings. Our affordable housing communities, which are built with modest budgets, require additional funding to provide the kind of services and programming that make life better for residents.
Yet even in tough times, there are those whose circumstances allow them to make charitable gifts that benefit others. So we ask everyone in ABHOW to help, and we encourage friends, families and partners to do the same. The Foundation offers a variety of ways to give, including direct contributions, charitable gift annuities and bequests, auto donations, and Golf Classic sponsorships.
If you have not contributed to the ABHOW Foundation in the past, we ask you to join us. If you are already participating, we thank you and encourage your continued support. Together, we are extending ABHOW’s tradition of neighbors helping neighbors.