Jeanes Fund #2

JEANES FUND #2 FOR HOSPITALS AND INFIRMARIES

ESTABLISHED:

Established by will of Anna T. Jeanes, who died in 1907, “for the benefit of Hospitals or Infirmaries of the Quarterly Meeting Boarding Homes for Aged and Infirm Friends and those in sympathy with us.” Fund reverted to Fiduciary in 1968, when Women’s Hospital, for whom it was previously held, dissolved.

PRINCIPAL: $593,311 market value 6/30/12

ANNUAL INCOME: $17,622 (FY 2012)

GRANT SIZE: $100 – $36,000

PROJECTS:

For assistance to residents (Friends or not) in Friends Nursing Homes within PYM, not for building and equipment. Friends nursing homes within PYM apply for reimbursement (or prospective assistance) for care given their residents who become unable to pay the full fee.