As a not-for-profit 501©3 organization, Aging Well, Inc is eligible to apply for and receive grants as well as tax deductible donations. At times, there are opportunities to maximize dollars if a Challenge donor has pledged to match other donations received. This matching opportunity currently is available with Aging Well, Inc.
Aging Well is nearing the end of their capital campaign of raising $3.5 million to build a small home, family style senior living campus. In Phase 1 of building, Aging Well will offer long term care and assisted living services. Phase 2 (to be built in the future) will include independent living opportunities.
As part of the fundraising campaign, Aging Well seeks grant funds. Recently, an application was submitted for the Building a Strong Economy (BASE) grant which could result in a grant award of $903,594. This grant requires 25% matching funds, which for Aging Well comes from commitment of donors. Aging Well is also seeking an additional grant that requests matching funds which could result in a $30,000 gift.
In addition to grants that request matching funds, Aging Well is offering a Challenge Donation campaign. This campaign would be initiated by a Challenge Donor offering an amount they would be willing to donate as a match of other donations. Aging Well would then offer the opportunity to other donors to make their donations go further. For example, Joe could offer to make a challenge donation up to $150,000 based on donations received in the next 30 days. Other donors would then have the opportunity to make donations and have the amounts matched by Joe up to the $150,000 amount. The match creates twice the impact!
If you are interested in offering a Challenge donation for a matching opportunity, either for grants or for a Challenge Donation campaign, you are encouraged to reach out to Aging Well’s Board Co-Chairman, Duane Blythe at (785) 466-1883.