Care Assurance Fund

The Care Assurance Fund was established by our board of directors to support residents who have outlived their financial resources. As people live longer, the number of residents needing assistance grows each year.

 

How Residents & Families Support Our Mission

The Fund was originally built through generous resident bequests — a tradition that continues today. Many families choose to give in honor of special occasions or in memory of loved ones. Others include Montgomery Place in their estate plans or donate a portion of their entrance fee. We’re also grateful for one-time, monthly, and annual gifts from residents, staff, board members, and vendors.

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Our Not-for-Profit Commitment

Montgomery Place is a 501(c)(3) not-for-profit organization. This charitable status reinforces our mission and exempts us from property and sales taxes — a benefit that directly supports our residents.

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A Legacy of Caring

The Care Assurance Fund honors the legacy of Rev. Walter Delafield, a 19th-century Episcopal pastor who created a home where aging parishioners could live with dignity. That home, known as The Church Home, expanded across Hyde Park and laid the foundation for Montgomery Place, which opened in 1991.

 

Established in the spirit of that original mission, the Care Assurance Fund helps ensure that residents facing financial hardship can continue to live at Montgomery Place. Our directors and leadership team remain committed to managing the community’s financial health with compassion and care — a tradition that began in 1888.

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