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Endowment Fund

The Ararat Home Endowment Fund

The Ararat Home Endowment Fund was created in 1999. It is not meant to replace regular donations to the Home which serve as the lifeblood for continued operations. Rather, it is meant to provide the public with an additional vehicle through which the future financial stability of the Home can be ensured. Donated assets are preserved in perpetuity in the name of the donor or that of a loved one. The Home invests the income generated by the principal in programs that are vital for the wellbeing of our elderly. View an updated fund balance.