BSLC’s Charitable Impact for 2016
As a faith-based nonprofit organization, Bethesda Senior Living Communities (BSLC) is here to serve: our residents, their families and communities in need around the world. We are pleased to announce that in 2016, we provided more than $8.2 million in charitable giving and subsidized care.
Larry Smith, president of BSLC, explained, “It’s a big number, but it’s not the number from Bethesda’s charitable impact that matters to me or to our board. It’s the faces of the people we serve. It’s the face of the residents I see when I visit a community and know they could not be there without our commitment. It’s the stories from the veteran who fought for our country and is now fighting to survive. It’s getting to see our team members hold the hand of a long-time resident on hospice, who has been able to stay in our communities because of our commitment to advocate for residents and live up to our SERVANT values.”
Thanks to our organization’s operating structure, BSLC is able to live out its mission of service by investing in three key areas:
- $1.7 million in care subsidies and grants for low-income residents to move into or remain in a BSLC community
- $5.4 million in subsidized care provided to those living on Medicaid or who have outlived their savings
- $1.1 million distributed in community grants and donations to nonprofits, including One Child Matters
The care subsidies support our residents (and their families) by allowing them to receive the care they need even if they are unable to afford the complete cost.
The community grants program is a unique way for our communities to distribute funds to make an impact in their areas, supporting program that help needy older adults and children throughout the United States.
Finally, One Child Matters is a very special nonprofit that provides holistic care and assistance to nearly 40 thousand impoverished children in 16 countries.
“It means a great deal to our team members, knowing that our mission spills outside the doors of our community to the surrounding neighborhood: serving firefighters or transportation for low-income seniors or helping abused children who need advocates,” Smith said. “And beyond that, we’re helping to spread God’s love and care and education to the far-flung communities of the world.”
Dana Rasic, CEO of our parent organization Bethesda Ministries, added, “When I look at all we’ve done for seniors, children and the world this year, I’m humbled. Truly humbled.”
Posted on Tue, January 3, 2017
by Becca H