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Cornerstone
Program Providing
Financial Assistance The
core mission of the Home is to provide every eligible Virginia Mason, his
wife or widow with the opportunity to join our caring community, regardless
of their financial circumstances. For those applicants whose financial abilities may limit their ability to fully pay for the services provided, the Cornerstone Program provides financial relief. In exchange for seventy-five percent (75%) of an applicant’s income and assets, plus the transfer of life insurance policies and real estate, the applicant receives LIFE CARE. All CARE … food, housing, medical and otherwise, for LIFE. Since
Virginia Masons provide this funding through their tax-deductible gifts, participants
must meet additional Masonic membership requirements above and beyond normal
admissions criteria. ELIGIBILITY REQUIREMENTS In addition to meeting the Home’s health and medical qualifications, the applicant must meet ONE of the following Masonic relationships: ·
A Master Mason who
has reached the age of 65 and has been a member of the Fraternity for ten years, including the past five years as a member
of a ·
The wife of a Master Mason who meets the above qualifications, has reached the age of 62 and has
been married at least five years prior to her application. ·
The widow of a qualifying Master Mason who has reached the age of 62, was married to
the Master Mason at least five years preceding his death, and has not
remarried. This program is available only for
residents of our apartment-style units.
It is not available for residents of the independent living cottages
located in our THE PROCESS · Applicant agrees to transfer 75% of all current and future income to the Home · Applicant transfers 75% of personal property and other assets to the Home · Applicant transfers 100% of all real estate to the Masonic Home · Applicant signs over all life insurance policies to the Home THE RESULT ·
The Masonic Home provides room, meals and all care FOR LIFE. If the resident’s health later requires a
transfer to the ·
The new resident will retain and can freely use all income and
assets not transferred to the Home. Cornerstones of the Home, like cornerstones of magnificent buildings, are the Masonic basis upon which the Home was built and continues to stand. Please call our Admissions Coordinator toll-free at 1-800-262-4644, extension 77295 and ask to complete a copy of the documents necessary to participate in this program. |
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