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.”