A reduction in the risk of falling through increased strength, balance and mobility, financial assets preserved, and dignity and wishes honored at the end of life, are just a few examples of how the Archstone Foundation is touching the lives of California’s older adult population.
During fiscal years 2008 and 2009, the majority of the Foundation’s grantmaking investment was through initiative-based efforts – the Fall Prevention Initiative, Elder Abuse & Neglect Initiative, and End-of-Life Initiative. The Foundation’s initial commitment was an investment of $24 million over five years for the three initiative areas. Over the past two years, the initiatives have progressed and matured beyond their mid-point. Each has successfully demonstrated promising practices and the potential for replication of models that will improve the quality of lives of older adults. In this same period, the Foundation considered unsolicited proposals through its responsive grantmaking program. While the Foundation’s commitment to its strategic initiatives have been its first priority, the Foundation continues to fulfill unmet needs through responsive grantmaking.
As California grapples with the implications of the downturn in the economy, the Board is committed to the Foundation’s mission to contribute towards the preparation of society for an aging population and has begun a review of its priorities. Future grantmaking will continue to seek to positively touch the lives of older adults. The Foundation will continue to post updated information regarding its funding strategies on its Web site as information becomes available.
On behalf of the Archstone Foundation, we thank our grantees and organizational partners for their commitment to providing quality care for society’s older adults.
Sincerely,
Robert C. Maxson, EdD Joseph F. Prevratil, J.D.
Chairman President and CEO