Giving
Why is My Gift to ElderNet Important?
ElderNet is unique because the service we provide is performed by a corps of dedicated volunteers. We can give the service efficiently and without cost to our income qualified clients. Your gift of financial support permits ElderNet: to be a free source of information on aging issues to Lower Merion and Narberth residents; to let the community know of our services; to make a difference to elders with urgent needs through the Emergency fund; to be a first line of defense against homelessness in Lower Merion and Narberth.
How is ElderNet Funded?
ElderNet has three sources of support:
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Giving from individual residents and organizations of Lower Merion and Narberth, and, to a limited extent, from businesses active in the community is the foundation that keeps ElderNet vital;
- Grants from Lower Merion Township, Narberth Borough, and Montgomery County targeted to low income elderly persons provide a safety net for direct service;
- Foundation support partially covers special programs and salaries.
| Budget for 2009-2010 | Percent of Total |
Dollar Share |
| Gifts from community residents, business, civic or religious organizations | 38% | $128,545 |
| Montgomery County Aging and Adult Services | 20% | $75,397 |
| Lower Merion Township and Narberth Borough | 14% | $47,115 |
| Foundation Grants | 27% | $70,000 |
| Other | 1% | $13,091 |
| TOTAL | $334,148 | |
How Has ElderNet Planned For the Future?
Over the 25 years of ElderNet's life we have looked to the sources listed above, along with the tireless efforts of hundreds of volunteers and a small dedicated staff to serve our neighbors. With careful oversight from our community advisors and board of directors we have begun an endowment fund. The goal of the endowment fund is to plan for a day when grant and governmental funding may not be available, so that the organization could continue operation of service for about one year. Your gift toward the endowment, or other planned gift permits ElderNet to look to the future in this time when the elderly population of our community is increasing significantly.
