|Volume LVI||February 2009||Number 1|
We Will Weather The Storm
Brethren, Ladies and Friends,
Like many other organizations, both for-profit and not-for-profit, the Masonic Villages of the Grand Lodge of Pennsylvania has been adversely affected by the downturn in the economic climate. As of this writing, our investments from endowments and other funds have decreased $175 million in market value, which obviously affects the means by which we provide top quality care and services to our more than 2,600 residents statewide. With the support and advice of the Committee on Masonic Homes, the Masonic Villages leadership team has been working closely with our residents, staff, volunteers, donors and others to devise operational changes that will allow us to best overcome the volatility of the financial market.
Our strong history and tradition of financial stewardship over the years has allowed us to carry out an extensive charitable Mission of Love that has, and will continue, to touch the lives of tens of thousands of seniors, children and their family members. Our commitment to such a benevolent mission, however, also presents a challenge in times like these, when the generous contributions we've carefully invested significantly lose their value and reimbursements from Medicare and Medicaid continue to decline.
Despite these setbacks, we are committed to placing resident care and services and our employees as our top priorities while we analyze revenue enhancement and cost savings opportunities. Some of the changes we have implemented include canceling most travel plans, including the Florida Masonic Reunions in 2009, placing all capital items in the 2009 budget on hold, eliminating overtime, employing staff in creative ways and leadership staff volunteering to suspend pay increases for 2009. We are confident that with these proactive steps, we will weather this storm and our investments will recover as the market starts to rebound over the next 12-18 months.
If you or your lodge would like to help one or more of our Masonic Villages by providing a donation or financing one or more of the capital items suspended in our 2009 budget, please contact our Office of Gift Planning at (800) 599-6454 or by e-mail. If you have suggestions to assist us during these challenging times, please contact me at (717) 367-1121, ext. 33262 or via e-mail. Thank you.
Sincerely and fraternally,
Bro. Joseph E. Murphy, N.H.A.
Chief Executive Officer for the Masonic Villages
Children's Home Wish List 2009
Masonic Villages' Admissions Policy
Admissions to the Masonic Villages are governed by the Committee on Masonic Homes, members of which are elected by the Grand Lodge of Pennsylvania. The Committee on Masonic Homes approves or disapproves applications for admission primarily on the basis of need. Decisions concerning admission, the provision of services and referrals of residents are not based upon the applicant's race, color, religion, disability, ancestry, national origin, familial status, age, sex, limited English proficiency (LEP) or any other protected status.
Regardless of your financial situation, you can afford to move to a Masonic Village! When you choose to live at the Masonic Village, you are not required to turn over your assets; you maintain complete control of them. Fraternal support enables the Masonic Village to serve all eligible individuals as part of our Mission of Love.
Please contact the Admissions or Marketing Office at the Masonic Village of your preference for information on the living area desired. For more information, visit www.masonicvillagespa.org.
|Table of Contents | Index of Issues | Home|