For Immediate Release: April 14, 2017
Contact: Annette Mainland, VP of Philanthropy
303.604.5261 or firstname.lastname@example.org
(Lafayette, CO) – The Herbert & Judy Paige Family Foundation is impacting senior care in Boulder County and beyond through funding and lending to TRU Community Care. Through a shared Board Member, Timothy Schafer, a local attorney specializing in estate planning and a native of Broomfield, TRU has benefited from the Paige Foundation through a low-cost loan of $1.5 million to help with program start-up costs associated with TRU PACE and a capital grant of $40,000 to help offset construction costs.
TRU PACE (Program of All-inclusive Care for the Elderly) launched on March 1, 2017 and serves frail elders who are nursing-home eligible, allowing them to remain safely in their community. PACE is a model of care that provides an 11-member interdisciplinary team approach to create individualized care plans. PACE participants visit the center two, three, or five days each week to receive care. In-home care is provided to round out the TRU PACE spectrum of services.
PACE is a Medicare/Medicaid funded program, but start-up costs, along with costs to provide the PACE center are not reimbursed by these government insurance programs. Therefore, TRU Community Care has been raising funds through a capital campaign to help to offset costs associated with their construction of the PACE center. The Paige Foundation made a grant of $40,000 to assist with the capital campaign.
PACE requirements dictate that program staff must be in place before any seniors can join the program. When the Paige Foundation learned about the need to front the program costs, Schafer put the foundation and the organization together to discuss possible loan arrangements. The very favorable loan rate the foundation offered to TRU enabled TRU PACE to borrow $1.5 million.
TRU Community Care is grateful for the significant support offered by The Paige Foundation at this time of important growth in service to our community of frail seniors and their families.
About TRU Community Care
TRU Community Care provides end-of-life hospice and palliative care as well as grief services to those residing in Boulder, Broomfield, Adams, Jefferson, and southwest Weld counties. TRU now offers TRU PACE, a Program of All-inclusive Care for the Elderly serving Boulder and southwest Weld Counties. TRU Hospice of Northern Colorado serves Greeley and extends to Weld and Larimer counties. Additional services include grief support groups, which are available to anyone in the community free of charge. It is a privilege for us to help those who are grieving regain their balance and resume healthy living. Grief groups include adult, teen, and child as well as equine therapy. At TRU Community Care, we add life to days, because that’s what TRUly matters. The sooner you call, the more we can help – 303.442.0961 or visit trucare.org; in Northern Colorado call 970.352.8487 or visit hospiceofnortherncolorado.org.
About the Paige Foundation
The Paige Foundation was founded in 2000 by Herbert and Judy Paige. The Paiges believed that all senior citizens are deserving and entitled to live out their senior years in a manner that is safe and secure, with dignity and integrity.
The mission of the Herbert and Judy Paige Family Foundation is to help low-income students gain access to high-quality education, to provide food, love and shelter for animals and to ensure low-income seniors have necessary healthcare, transportation, housing and food. If you are interested in donating to the Paige Foundation or if you’d like to learn more, please visit www.paigefdn.org.