Page 72 - South Mississippi Living - March, 2025

HOME & GARDEN
A PATH TO MEANINGFUL
Living
Not-for-Profit, Faith-Based Retirement Communities
story courtesy of Methodist Senior Services
When exploring senior living options for yourself or a loved one, it’s important to recognize that not all communities are created equal. Each has its own distinct personality, amenities, and care settings tailored to various needs. One major factor that can greatly affect residents’ daily experiences is whether the community operates as a for-profit or not-for-profit entity. This choice, particularly when paired with a faith-based mission, can shape everything from the quality of care to the community culture of those who live and work there.
Not-for-profit senior living communities are typically guided by a specific mission, often rooted in faith-based or charitable values. While they charge residents monthly fees, the goal isn’t to generate profit. Instead, these funds are reinvested into the community to improve employee compensation, enhance properties, support programs, and more. Any surplus funds are used to benefit the organization and its residents, rather than being distributed to owners or shareholders.
BENEFITS OF A FAITH-BASED, NOT-FOR-PROFIT SENIOR LIVING COMMUNITY
A Driving Mission
Non-profit communities, often aligned with religious values, provide care based on those principles while welcoming individuals of all faiths and beliefs.
Feelings of Inclusion and Belonging
Faith-based communities foster a sense of connection, making residents feel part of a supportive, welcoming environment, which is vital for emotional well-being.
Benevolence Fund
A financial resource often found within not-for-profit
senior living organizations, designed to assist residents who can no longer afford their monthly fees due to unforeseen circumstances, such as a significant decline in health, outliving their financial resources, or other financial hardships.
Governing Volunteer Board of Directors
A volunteer board of directors typically oversees the community’s legal, financial, and ethical governance, ensuring it aligns with its mission and values.
Focus on Community
Mission-driven organizations bring together residents and team members who share common values, creating a strong, supportive community culture. Faith-based values help reinforce the integrity of the care provided.
Family Support
Faith-based communities include families and loved ones as an integral part of continued care, helping them feel more connected and involved.
72 | March 2025
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