A non-profit institution, the Home
does NOT receive any subsidies from any governmental agency or
from the Archdiocese. Since its opening over 45 years ago, the
Home has been self-sufficient and depends on the boarding fees
its residents are able to offer and on donations received from
tis many fiends, In 2002, over one-quarter of the Home's $1,350,000
expenses were covered boy contributions and truly, the quality
of life for residents would be greatly diminished without this
critical source of income.
To assure a steady source of income, the Home recently established
an Endowment Fund in which the principle will remain intact and
a portion of the interest will be used to underwrite those programs
necessary to provide quality care. |