WINTER 2009Charles Johnson (Mullica Hill MM)
Dorothy Kramme (Woodstown MM)Friends Foundation at Woodstown was formed in 1976 with a grant of $100,000 from Philadelphia Yearly Meeting. This grant was loaned to Friends Home at Woodstown to help fund the construction of the original Friends Home on its current site. The loan was repaid to Friends Foundation with interest.
In addition to the original grant, Friends Foundation has received contributions from monthly meetings, individuals, and as memorials. These contributions have substantially increased our original endowment. The income from these funds is also used to assist Friends at Friends Village.
Friends Foundation gives grants to provide financial assistance to present or prospective residents of Friends Home (now Friends Village) who are in need of such assistance, and supports Friends Village with grants for projects determined to be in the Village’s best interest. These grants are limited to members of the Religious Society of Friends, as confirmed by the applicant’s meeting.
Members of Salem Quarter should remember that if they wish to become residents at Friends Village, financial assistance is available from the Foundation as well as from Yearly Meeting. Inquiries should be made at Friends Village if it appears that assistance is needed.
Requests for subsidy grants come from the Administrator of Friends Village. It is hoped that if, at a later date, funds become available from the liquidation of an estate, the grant be returned to Friends Foundation so we may assist others.
Friends Foundation appreciates contributions in memory of deceased Friends, so we may continue our mission of supporting Friends in need. To learn more, please contact any of the members of the Friends Foundation.
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Saturday, November 21, 2009 at 09:40 PM
