Today, Seventy Five State Street is a vibrant community for the elderly of all backgrounds with approximately one quarter of our current residents having their care and housing subsidized by our endowment fund in addition to the MaineCare system. Seventy Five State Street is a 501(c) 3 non-profit organization and your charitable donation will enrich the lives of hundreds of current and future residents.
In order to ensure that Seventy Five State Street continues to meet the challenges of its mission for another 150 years and beyond, investments must be made. The physical plant must be routinely updated for comfort, aesthetics, and technological advances in health care. Excellent staff must be retained and recruited. The customers’ needs and desires must be met in order to remain competitive in the marketplace. While anticipating that state and federal MaineCare dollars will continue to be at risk, alternatives to the under-funded MaineCare system must be explored in order to be able to continue providing services for a broad spectrum of clients. The endowment fund, which is a tribute to so many benefactors since 1854, must be carefully invested and managed in order to maintain a stable financial base. Seventy Five State Street’s market niche must be evaluated on a regular basis with a willingness to adjust to the changing housing and health care needs of a new generations of retirees.
Ways to Support Seventy Five State Street
As a not-for-profit, independent and assisted living community, Seventy Five State Street gratefully receives tax deductible contributions. To make a gift or to schedule an appointment, please contact Janice Drinan, Development Director, at email@example.com or 775-7775 x203 to discuss:
- Annual Appeal gifts supporting projects directly benefiting residents
- Gifts to the Endowment Fund
- Tributes honoring or memorializing a loved one
- Planned giving through trusts, annuities and bequests
- Unrestricted monetary gifts
- Designated monetary gifts for projects of special interest to the donor
- Commemorative bricks to be installed in the Tribute Garden
- Gifts to Residents’ Benefit Fund for residents of limited means
- In-kind gifts
- Volunteer efforts