Jeanes Fund #5

JOSEPH JEANES FUND #5 UNDER WILL OF ANNA T. JEANES

ESTABLISHED:

Established by will of Anna T. Jeanes, who died in 1907, through “An additional donation to the Joseph Jeanes Fund for Quarterly Meeting Homes, the income thereof to be devoted to the establishment and assistance of Hospitals or Infirmaries connected with the said Homes.”

PRINCIPAL: $1,854,834 market value 6/30/12

ANNUAL INCOME: $55,092 (FY 2012)

GRANT SIZE: $100 – $36,000

PROJECTS:

“Establishment of hospitals and infirmaries.” Supports projects of Friends nursing homes within the PYM area which will improve the safety or quality of life of residents.