The Jean-Francois Foundation
Brooklyn, New York
EIN. 81– 4911889
The Jean-Francois Foundation is looking to support Middle-income families to help them provide in home elder care through their Eldercare 22 program. Even though Middle-income families bear the brunt of paying for Medicare through taxes, they are not eligible for any of the benefits. Financial and social services are provided to Lower-income families, Upper-income families have no need for these services. The foundation is looking to provide funding for training, income and staff for Middle-income families that don’t qualify for most social programs.
It would be nice if there were competitors in the field, but other services force Middle-income families to either limit their income, hide their assets, or empty their loved ones bank accounts. Eldercare 22 targets Middle-income families caring for elderly family members at home starting with an income above $21,000 to below $120,000. $21,000 was chosen because Medicare covers costs for incomes below $21,000. $120,000 was determined as the upper most family income because the national average annual salary of a CNA, $40,000, is one third of the upper range of annual income the Foundation will cover.
Benefits to the local community will be peace of mind for the middle-income family caring for their elderly, the comfort of home for the elderly, influx of generated income into the local community through salaries paid to the stay at home caregiver and less use of leave and days off for the local businesses. As opposed to an employee taking a week or a month off to care for sick parent, they can be comforted a family relative is home taking care of them and use less leave time to attend the family.
Eldercare 22 promotes itself. It provides services to an under served population and can be promoted through the Foundation website, hospitals, Nursing homes, social workers and social media as well as other eldercare related organizations. The program will be limited by its funding. The initial start up will target 10 families, with costs for salaries, accountants, caregivers, quality assurance monitors and trainings rounding to $715,000 in the first year.
The Foundation has been granted Incorporation. Over the next year, the Foundation is looking to at least double the numbers of families provided with services and raise additional funding.
Though the Foundation does not need to work with other companies directly, it’s chances of success increase considerably with additional guidance from other successful charitable organizations. Grants donated by corporations and mega corporations are targeted to be a good portion of the grants provided
