SilverSource, the nonprofit agency providing services and resources for older adults in need in the Stamford area, has received a $15,000 grant from the Fairfield County’s Community Foundation Fund for Women & Girls. The funding will support the organization’s individual assistance program for older women in poverty.
Of the 7+ million older adults living in poverty, two in three are women, with single and minority women struggling the most. This is consistent with Stamford’s profile, where 70% of SilverSource clients are women.
“Older women are twice as likely as men to retire into poverty as historically, women are more likely to be unpaid caregivers and be paid lower salaries than men,” said SilverSource CEO Kathleen Bordelon. “This grant will help women experiencing economic hardship after a lifetime of disproportionate caregiving burdens, workplace inequality, and opportunity, wage and wealth gaps. We are deeply grateful for the funding provided by Fairfield County’s Community Foundation which will help us provide vital support for older women in need in our community.”
Specifically, the grant will help provide financial assistance and counseling to help older women in our community avoid the loss of housing, utilities, health, nutrition and safety.
About Fairfield County Community Foundation
Fairfield County’s Community Foundation promotes philanthropy as a means to create change in Fairfield County, focusing on innovative and collaborative solutions to critical issues impacting the community. Individuals, families, corporations and organizations can establish charitable funds or contribute to existing funds. The Community Foundation is in compliance with the Council on Foundations’ national standards and has awarded over $230 million in grants to nonprofits in Fairfield County and beyond. As a trusted partner and thought leader, Fairfield County’s Community Foundation brings together community organizers, business experts and philanthropists to solve our region’s challenges.
SilverSource provides a safety net to seniors in need, to keep a roof over their heads, with the heat and lights on, food on the table and the medical care they need. In addition, the SilverSource “Ride to Wellness” program provides free transportation for older residents traveling to and from medical appointments. SilverSource, Inc. is a 501(c)(3) non-profit organization, located at 2009 Summer Street, Stamford, CT 06905. www.SilverSource.org.