Our mission is to provide safe and secure living environments for our nation's low-and-moderate income elderly population through the provision and administration of the nationally-acclaimed Senior Crimestoppers program. Funded exclusively by the banking industry, the Foundation enables banks a way to earn CRA credit through the sponsorship of this program in senior housing facilities, HUD communities, and Veterans homes in the form of community development loans, CRA-qualified investments, and grants. Read more about SHCPF or download our 2013 annual report.
Positive Community Impact
Crime and abuse against the elderly are constant battles, and the Foundation’s mission of administering the Senior Crimestoppers program to provide safe and secure living environments for all of our nation’s senior housing residents has never been more vital. It cannot be overstated that there is a positive community impact for the low-and-moderate income senior housing residents who receive a better quality of life when they have safety, security and peace of mind.
Not only does the Foundation impact the lives of senior housing residents, we also impact the community outside of the long-term care industry through the CRA-qualified securities we purchase on behalf of our bank partners. As March 31, 2014 the community impact has reached approximately $134 Million. These are a few ways the Foundation is impacting communities nationally in a powerful way.
• 2,886 Affordable Rental Housing Units
• 433 Home Mortgages for Low-to-Moderate-Income Families
• $240,000 in Affordable Healthcare Services
• $100,000 in Economic Development
• $15 Million in Statewide Homeownership Programs and Down Payment Assistance
• $2.7 Million in Job Creation and Small Business Development
• $25.3 Million to States and Municipalities for services to Low-to-Moderate-Income Families
Foundation Partner News
Thanks to Port Washington State Bank, residents of Heritage Nursing and Rehabilitation Center in Port Washington, WI will live in a safer and even more secure environment. Steve Schowalter, President and CEO of Port Washington State Bank noted that "the bank is very proud to be partnering with the Foundation in this very worthwhile program and further is very pleased that our own hometown facility, Heritage Nursing and Rehabilitation has embraced the program continuing their commitment to provide quality healthcare to their residents." More
10/14/14 - Preventing Elder Finanical Abuse Program in Spring Valley Hosted by First State Bank Minnesota
First State Bank Minnesota is holding a program on preventing elder financial abuse on Saturday, Oct. 18, at 10 a.m. at Spring Valley Estates, 800 Memorial Drive. The public has been invited to attend and as an additional resource, First State Bank Minnesota invited a representative from the Fillmore County Sheriff’s Office to attend to help provide information and answer specific questions during the question and answer part of the presentation. “As a partner in this community and a partner in protecting our elderly, we are proud to stand together with the Senior Housing Crime Prevention Foundation in keeping our residents safe from the threat of neglect, abuse and now financial exploitation,” said Steve Hadoff, president of First State Bank Minnesota. More
“Lakeland Bank is pleased to support the mission of the Senior Housing Crime Prevention Foundation by protecting our community’s most vulnerable citizens in several local nursing homes. This is a continuation of our long tradition of giving back to our local communities. We are committed to preventing fraud and abuse at every level and the Senior Crimestoppers program has proven to be a strong deterrent to crime for those who need it the most.” – Tom Shara, President & CEO, Lakeland Bank, Oak Ridge, NJ More
“Broadway Bank is grateful for the commitment Senior Crimestoppers makes to protect the elderly residents in our local communities,” said Jim Goudge, Broadway Bank president and CEO. “Through our partnership with Senior Crimestoppers, Broadway Bank aims to support the mission of the Senior Housing Crime Prevention Foundation to provide the residents of Granada Homes with a safe and secure living environment.” More
Peter Hui, Chairman of the Board of First Choice Bank stated that the bank has been providing community service benefits since the bank opened its doors in August 2005. The bank is actively involved in its local communities and loves to sponsor programs that really make a difference. Mr. Hui spoke at the charter presentation as well as Robert Franko, President & CEO of First Choice Bank. Mr. Franko added that the bank is very proud to be associated with this excellent public service that directly impacts one of the most vulnerable groups in our population today “our seniors”. More
Preventing Elder Financial Abuse Video and Toolkit is now available for order!
Click Here for more info.
How CRA Credit is Granted
With the support of our partners, the Senior Housing Crime Prevention Foundation transforms the lives of vulnerable nursing home residents. It is hard to overstate the transformative effect a bank can have on the life of an elderly person by removing fear from their lives — fear of neglect, fear of theft, fear of needing equipment and not knowing where to turn.
Innovative CRA Solution Webinar
Make sure to watch our innovative CRA solution webinar on our benefits overview page. Go to Webinar