Guarantee of Lifetime Care
The guarantee of lifetime care assures a life care resident will not be required to leave Friends Fellowship Community due to insufficient financial resources in the future. Sometimes this need is precipitated by an unexpected and lengthy illness. In other cases, people simply outlive the resources that once seemed adequate to sustain them for their lifetime. Providing this financial assistance has been central to our mission since the very beginning and is the reason for our status as a 501©3 not-for-profit organization.
The names of those individuals receiving assistance are held in the strictest confidence. The number of persons receiving assistance each year ranges from 14 to 20 residents. 146 residents or 9.4% of our total life care population since the late 1960s have received over $15,000,000 in financial assistance.
Our ongoing goal is to provide assistance to a larger percentage of our resident population and to those who have faithfully served Quakers in Indiana Yearly Meeting. These funds grow through charitable contributions such as memorial, annual, and planned gifts.
General Endowment Fund
The General Endowment Fund of Friends Fellowship Community assures lifetime care for our member residents. As directed by the Board of Trustees, the General Endowment assists in providing financial assistance to our life care residents with depleted resources. The need for assistance may be the result of an unexpected and lengthy illness, or may simply be the result of outliving their resources. Because of the General Endowment Fund, life care residents enjoy the financial security of never having to worry about leaving Friends Fellowship.
Since opening in 1965, there have been 1,548 life care residents who have called Friends Fellowship their home, and 146 of those persons or 9.4% of the total have been recipients of financial assistance from the General Endowment Fund. Providing this financial support has always been central to the Mission of Friends Fellowship and is the justification for our status as a 501 (c) 3 not-for-profit organization with the I.R.S.
The dollar amount of this financial assistance continues to grow each year with inflation and based upon the number of residents receiving assistance. This growth drives the need to increase the size of the fund in order to meet this important and worthy cause.
We hope you will join us in making a donation to the 2022 Endowment Tree of Lights. Your gift will be truly instrumental in helping to support the Mission of Friends Fellowship Community and assuring lifetime care to our member residents!
Friends Ministers’ Fund
The Friends Ministers’ Fund of Friends Fellowship Community provides benevolent assistance to Friends ministers, missionaries, and their spouses who have faithfully served Quakers in Indiana Yearly Meeting for a minimum of 10 years as a recorded minister. Oftentimes, these individuals have served on a minimal salary and retire with limited financial resources. Financial assistance from this fund may begin immediately upon residency or at such time in the future when a financial need develops. Availability of assistance from this fund does vary, however, depending on the number of individuals receiving assistance at any one time.
Providing benevolent assistance has always been central to the Mission of Friends Fellowship and is the reason for our status as a 501 (c) 3 not-for-profit organization. The dollar amount of financial assistance provided each year grows with inflation and drives the need to increase the size of the fund in order to meet this important and worthy cause.
We hope you will join us in making a donation to the 2022 Endowment Tree of Lights. Your gift will be truly instrumental in helping to support the Mission of Friends Fellowship Community and assuring lifetime care for those who have faithfully served Quakers!
Endowment Tree of Lights
In the fall of 2000, Friends Fellowship Community established an annual fundraising event called The Endowment Tree of Lights. Every year from November 1 to December 31, each donation to the General Endowment Fund or Friends Ministers’ Fund is represented by a light on a beautiful 20-foot Norway Spruce evergreen located just to the north of the Main Building.
The colorful lights remain illuminated throughout the nighttime hours during the holiday season for our residents and visitors to enjoy as well as serving as a reminder of the importance of these two funds to our Community.
Donations may be given in memory or in honor of a loved one or friend. Those honored are informed of the gift and notifications for memorial gifts are made per donor request.
Each year a lighting ceremony is held in early December with hot chocolate and cookies to celebrate this annual event.
Planned Giving Available
In 2020, Friends Fellowship Community established a working relationship with Friends Fiduciary Corporation, a Quaker non-profit organization located in Philadelphia, PA. This relationship provides the donors of Friends Fellowship Community access to the technical and consulting expertise in making a planned gift to benefit Friends Fellowship Community.
Planned gifts allow a donor to accomplish several objectives by meeting their charitable giving goals, increasing their annual income, and enabling them to still be able to provide an inheritance for their heirs. Some examples include charitable gift annuities, bequest plans, life income plans, current gift plans, and life estate plans.
Please contact John Robinson, President, at (765) 962-6546 or by email at email@example.com if you would like more information or if you are interested in making a gift.
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