General
Endowment Fund
This perpetual fund enables the Board of Directors
of Moravian Hall Square to address campus preservation
needs, and to meet the ever-increasing costs of facility
upkeep. Gifts to this fund will build the capita (General
Fund’s corpus) so that earnings may be used
at the discretion of the Board of Directors for both
capital and operating needs at Moravian Hall Square.
Good
Samaritan Endowment Fund
Established in 1989, the Good Samaritan Fund provides
financial support for residents who have spent
down their |
| financial resources in payment for health care.
This fund provides all residents with “Care
for Life” regardless of their ability to
pay. Approximately 10% of Assisted Living residents
utilize this benevolent support while one in six
Health Center residents depend on financial aid
for the daily cost of care. |
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Kortz
Hall Endowment Fund
The purpose of this fund is to provide financial support
for the maintenance and preservation of Kortz Hall,
a large multi-purpose room used for
worship, arts and enrichment events, and community
programming. This room was named in honor and now
in memory of the community’s first chaplin,
The Right Reverend Edwin Kortz.
Staff
Development Endowment Fund
We are aware that our community’s greatest asset,
besides residents, is clearly the staff, who strive
to make a positive difference in the lives of those
served by this community. This fund helps to underwrite
the cost of education tuition assistance for employees
in all departments and at all levels of responsibility.
Earnings from this fund are distributed to eligible
employees based upon specific criteria by the community’s
Education Assistance Committee, comprised of both
residents and staff.
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