Acquisition International - Non-Profit Organisation Awards 2022 7 Best Older Adult Philanthropic Support Organization 2022 Two years later, the foundation has successfully combatted the issues created by the pandemic. It has made significant progress and now conducts many of its philanthropic communications via e-mail and Zoom meetings. In fact, the foundation found that, ‘communicating tips on vehicles like Qualified Charitable Donations (QCD’s) through email increased the number year over year because our residents had become very accustomed to receiving important information electronically more often than pre-COVID.’ The industry is currently undergoing a period of recovery – of rejuvenation. According to Statista, in 2019 16.5% of the U.S. population consisted of people aged over 65 years old – many of these people rely upon additional care. This figure is expected to rise to 22% by 2050. Figures also show that in 2020, approximately one third of women aged 65 and older in the U.S. lived alone. In comparison, 20 percent of elderly men lived by themselves. Places such as the John Knox Village of Florida have the potential to greatly benefit these people – instead of being isolated in their homes, such resorts supply a thriving community that is able to provide 24/7 care. It is a place where the worry surrounding elderly life melts away, as everything is taken care of. The future of this industry, however, could be threatened by the rapidly aging population and the falling birth-rate. In 2019, the not-for-profit senior living organization National Senior Campuses reported over nearly 21,000 senior living units across the United States, and this number is only expected to increase as the demand grows. Coinciding with this is the fact that among the population of older adults in the United States, almost seven percent require personal care, often in the form of meal preparation, transportation, and personal grooming. Finding high quality care is expected to grow more difficult as the number of people entering this industry spirals into a decline. Many senior living facilities are planning ahead in order to tackle this upcoming challenge. Within this group is, of course, the John Knox Village of Florida and its foundation. Its devotion to ensuring that longterm funding is secured has placed the village upon a stable path – one which benefits not only its residents, but also its team. As their needs are met, they are better equipped to provide the residents with above adequate care. They are able to create events, supply classes, and offer medical assistance thanks to the funding and donations acquired by the John Knox Village of Florida Foundation. Consequently, 2022 is set to be a year of great success for the foundation. Recently, the foundation is discussing developing a multimillion-dollar unrestricted restricted endowment to complement its $7.0 million restricted endowment which has enabled it to fund its Residents Assistance Program – a fund that assures financial support to any resident that outlives their financial resources through no fault of their own. Subsequently, this means that no resident will be forced to leave the community if they cannot pay due to circumstances beyond their control. They do not have to worry about their future at the facility. Further, the planned unrestricted endowment will ensure that future unanticipated funding for programs, services, and spaces for its residents is available. Contact: Mark Dobosz – mdobosz@jkvfl.com or +1 954-784-4757 Company: John Knox Village of Florida Foundation Inc Web Address: https://jkvfoundation.com JKV Residents at Foundation Ice Cream Social
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