Why is my gift to ElderNet important?
ElderNet's unique services are free and performed by a corps of dedicated volunteers who want to make a difference in the community. Your gift of financial support permits ElderNet to continue to maintain efficient and effective services that create stability, safety and independence, and increased quality of life for neighbors in the community. By maintaining and providing up-to-date information and referrals, offering emergency funds to those with urgent needs, and acting as the first line of defense against homelessness in Lower Merion and Narberth, ElderNet exemplifies 'Neighbor Helping Neighbor'.
How is ElderNet funded?
ElderNet has 3 sources of support:
- * Donations from residents like you and organizations of Lower Merion and Narberth, and, businesses that are active in the community are the foundations that keep ElderNet vital.
- * Grants from Lower Merion Township, Narberth Borough, and Montgomery County, which are targeted to low income elderly individuals, provide a safety net for direct service.
- * Foundation grants partially cover operating support, special programs and salaries.
How has ElderNet planned for the future?
Over the 42 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 of committee advisors and board 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 can 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 in our community continues to increase significantly.
For more information, please contact William Gross at ElderNet.
See ElderNet's 990 here.
WAYS THAT YOU CAN GIVE
ElderNet, like most non-profit organizations, depends on charitable giving to continue its mission. Residents of Lower Merion and Narberth have shown a great desire to share in their good fortune and to help those in need. Each gift is very important to ElderNet. We thank our donors and volunteers as they continue to make it possible for ElderNet to fulfill its mission.
- Gifts of Money: Most of our donors make a contribution through the website or by mail as a part of our annual appeal. This provides immediate help to ElderNet and provides the giver with a charitable gift tax deduction in the year of the gift. Some cash gifts are restricted and designated for the ESSLM emergency fund (Operation Holiday) or other projects.
- Gifts of Stock: ElderNet may sell or hold the stock. A gift of stock may provide even greater tax benefits to the giver when it is part of a careful estate plan.
- Gifts of Life Insurance: This may be a way to make a substantial future gift to ElderNet for a relatively modest annual expense.
- Bequests: One of the most meaningful ways to support ElderNet is through your will. You may specify a particular asset, a percentage of your estate or the residual of your estate after other payments. Your attorney or tax adviser can provide details for your situation and help you decide on the best course of action.
- Donor Option Agency: ElderNet is a United Way Donor Option Agency (#03022). Workplace giving and giving to the United Way Community Appeal are a fitting choice for some Philadelphia area residents. ElderNet may be supported through the United Way by selecting ElderNet as your donor option for a portion, or for all of your gift to United Way. By using the Donor Option Number 03022 and the name ElderNet, your gift will be designated to fulfill our mission in the Lower Merion and Narberth community.