The difference your donation makes to BCF

By Fiona Divecha

Manager, Resident Life and Philanthropy

Your gift to the Benevolent Care Fund makes a difference. It strengthens this community, it helps six residents currently, it gives peace of mind, and it makes everyone feel good.

When I thank residents for the gifts they have given, I consistently hear, “I can, so I should…after all, this is MY home, and they are MY neighbors.” On August 8 and August 9, stop by our BCF tables in all the restaurant lobbies at dinnertime and tell us why you give. This sentiment is what makes Riderwood great in so many ways.

Our goal for the resident campaign is $283,000. It is so vital for the ENTIRE community to support their neighbors. Can EVERY household give a gift in any amount? It is truly appreciated!

We have a system in place to ensure that we are good stewards of the donations you give to the BCF and ensure that residents in need are assisted. Before prospective residents move into Riderwood, all assets and monthly income are reviewed to ensure they have adequate resources to support them for the rest of their lives. This works 99.5% of the time. On rare occasions, a resident spends all his or her assets, usually due to extraordinary medical expenses. If the resident’s monthly income is inadequate, the entrance deposit can be “spent down” over the ensuing months and years. This is done only after an extensive check by our Finance Department to verify that all resources were used responsibly. If the entrance deposit is exhausted, residents in Independent or Assisted Living receive help from the Benevolent Care Fund to supplement their monthly income to meet essential needs.

The coming together for a common cause, a cause that does so much good for those who need it, is true community spirit. We hope you feel good about the help you have given your neighbors. Thank you for your kindness and generosity.

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