The Pennrose Foundation announced that it has created a COVID-19 Resident Relief Fund to provide support to residents of Pennrose properties who are facing adverse effects from the coronavirus. The Foundation will match contributions to the fund up to $25,000.
The specific uses of fund resources will be determined based upon the needs of residents that are not met by other agencies and organizations and as the impacts of COVID-19 become evident. All funds will be designated exclusively to reduce the burden on Pennrose residents due to the virus.
“We are grateful for the numerous requests from various companies and organizations about how they can assist our residents,” said Mark H. Dambly, chairman of the Pennrose Foundation board of directors. “As we begin to see how our residents are impacted, we hope that this Resident Relief Fund will be able to ease some of their burdens and get them through this difficult time.”
Contributions to the Resident Relief Fund can be sent to Pennrose Foundation, c/o COVID-19 Resident Relief Fund, 1301 N. 31st St., Philadelphia, PA 19121.
Pennrose is a developer and owner of affordable, conventional, mixed-income, and mixed-use communities throughout the East and Midwest.
The Pennrose Foundation was established to enhance the company's mission of transforming communities by supporting charitable organizations and events that benefit:
· Seniors and families;
· Wellness initiatives; and
· Communities surrounding Pennrose locations across the company’s footprint.