Educational Grants are awarded to employees for college/university
courses and for certification and training programs approved by SRC
departmental directors. Grants are also provided to employees’
children for post-high-school education. Grants are currently set at
$2,250/year for 2-year colleges and $4,000/year for 4-year colleges
and universities. Grants for certification, such as Certified
Nursing Assistants (CNA), and other training programs depend on the
institution providing the programs and the tuition charged.
The Living Legacy Foundation does not consider academic achievement
when deciding to make an award. The only requirements are that the
student is either an employee who has worked at SRC full-time or
half-time for 6 months or more or the child of an SRC employee with
those qualifications. The student must be currently enrolled
at a recognized college or university or in an approved
certification or training program.
As well as directly benefiting the recipients, the Educational Grant
program benefits residents by helping recruit new SRC employees,
retaining existing employees, enhancing employees skills and
fostering a caring and personal relationship between our employees
and our residents.
We believe that education is the key to career advancement and
informed leadership in this country and can think of no more worthy
cause for your tax-deductible donation.
The Financial Aid to Needy Residents Program
The SRC Living Legacy Foundation offers aid to SRC CCRC residents in
financial need.
California law guarantees the right of CCRC residents to manage
their own finances and pay their bills in the order they choose. If,
after paying their non-Saratoga Retirement Community (SRC) bills,
they cannot pay their monthly SRC bills, they are entitled to a
subsidy from SRC up to and including the entire bill. This subsidy
is not charity but a benefit included with the residency at a
501(c)(3) retirement home.
Once a resident is receiving the full SRC subsidy, the resident can
apply directly to the Living Legacy Foundation for a monthly $100
grant ($1200/year) that can be used for other expenses. These
grants are drawn from a fund restricted for this purpose that are
provided by donors who expressly designate their contributions for
that purpose.
Click here for further information on how
to apply for a grant from one of our programs
The SRC Living Legacy Foundation is a tax-exempt charity under the
IRS 501(c)(3) tax exempt umbrella. Its tax ID is #84-3432820
