Through a two million dollar donation, Chartwell Retirement Residences, Revera Inc., Extendicare, and Sienna Senior Living have established the CaRES Fund to provide one-time, emergency financial grants of up to $10,000 to employees of any senior living operator across Canada – either long-term care or retirement – who are experiencing financial distress.
The CaRES Fund was established because the founders were inspired by the heroic efforts of senior living sector workers amid the COVID-19 pandemic crisis. The Fund intends to continue its legacy post-COVID-19 through the establishment of a foundation aimed at continued emergency funding and support for employees or their family members to pursue higher education or training.
- The emergency one-time assistance may take into account, but will not be limited to, family circumstances or unexpected and unforeseen financial distress, for example:
- Family care
- Legal services
- Moving assistance
- Equipment for mobility or accessibility
- Urgent home repairs or modifications
- Interruption of post-secondary education
- Rent, mortgage, and other extraordinary payments
The CaRES Fund will start accepting applications submitted online beginning the week of Monday, May 11, 2020. Applications will undergo a blind evaluation by a volunteer committee and funds will be dispersed in waves as quickly as possible.
The grants provided by the fund are not intended to be used to replace income from government financial assistance programs or to cover medical or medication expenses, insurance or benefit related requests where benefits or government funding are available.
For more information or to apply, visit www.seniorlivingcares.ca.
