When you support our Benevolent Care program, you’re helping residents who outlive their financial resources, through no fault of their own, to remain in Asbury communities.
All gifts made to a particular community are restricted for the benefit of that community and its residents. Excess revenue over expenses is used to update facilities and services. When benevolent care needs must be met through operational revenue, this reduces the amount available to improve the community in general.
What Is Benevolent Care?
Benevolent Care is the discounting of fees, including monthly and ancillary fees, and payment of certain expenses, for residents who have exhausted their assets.
Who Is Eligible for Benevolent Care?
All current residents are eligible to apply for Benevolent Care. Residents who have depleted their assets in order to qualify for assistance, including those who have transferred assets to family or others, are not eligible.
What Is The Benevolent Care Annual Fund?
This includes gifts made annually to Asbury Foundation for immediate use.
What Is The Benevolent Care Endowment Fund?
This includes gifts permanently invested in endowment, creating a principal base that generates interest income. The interest alone is used annually to fund benevolent care.
What Are Community Operating Funds?
If there is a shortfall in what is raised annually and the endowment interest income, then operational revenue must pick up the cost of benevolent care.
In 2018, more than $3.7 million in annual funds and unrestricted gifts were contributed to help meet immediate benevolent care needs in Asbury communities, and more than $2 million was pledged to endowment funds to support future needs.
With help from donors, 299 Asbury residents received benevolent care support or healthcare financial assistance because their savings, insurance or Medicaid did not fully cover the expenses of their care.
Benevolent Care Provided in 2017
Unreimbursed Medicaid Services
Services Provided in Skilled Nursing (3-Year Averages, 2015-2017)
Total – $6,269,699
*These numbers reflect the difference in actual costs to deliver Asbury’s standard of care versus the reimbursement received from Medicaid.
Making a donation to Asbury Benevolent Care is easy. Simply choose how you’d like to give and which of our communities you’d like to give to. Thank you in advance for helping us to fulfill our mission of doing all the good we can – in all the ways we can.