A.A. Van Elslander Foundation Awards Transformative $2.5 Million Grant To New Day Foundation For Families
The landmark grant
will allow for significant increases in organizational capacity and
sustainability. By building cash reserves, increasing the annual operating
budget and funding the endowment to provide investment revenue, New Day can scale
the foundation’s mission to better achieve cancer equity throughout Michigan. This growth translates to hundreds more
families who will have their basic needs met - including housing, utilities, transportation
and food - during a period of lost income due to cancer treatment.
“The A.A. Van
Elslander Foundation recognizes New Day Foundation as a leader in helping people
who are facing cancer-related financial toxicity, and they recognize that our ‘family-focused’
approach is innovative and critical to the healing process,” said Kell Spehn.
“The AAVE board spent
a lot of time getting to know us, our process, our impact and the importance of
New Day’s services to the cancer community. They know that we have a
strong team and process and provide the very best cancer support services
statewide. We’re grateful for the Foundation’s partnership through this transformative
gift,” added Kell Spehn.
“No family should
make unthinkable choices between cancer treatment and basic necessities,” said A.A.
Van Elslander Foundation board member Debra Van Elslander. ““We are making this investment in New Day
because we know the funding we provide will be put to the best possible use to
help Michigan’s communities in need.”
New Day Foundation
for Families provides financial assistance for critical living expenses paid
directly to creditors on behalf of Michigan families. The nonprofit helps patients, caregivers and
family members manage their financial and emotional health at a time when
they’re facing dangerous decisions between their home and their health.
ABOUT NEW DAY FOUNDATION FOR FAMILIES
New
Day Foundation for Families is a cancer care leader that provides
financial and emotional resources to Michigan families facing cancer to address
the harmful effects of financial toxicity. Hospitals and cancer centers
statewide rely on New Day to identify and support families suffering a
significant loss of income due to a cancer diagnosis. New Day is a Charity
Navigator 4-star nonprofit, Platinum Level Guidestar organization and top-rated
nonprofit by Great Nonprofits.
ABOUT THE A.A.
VAN ELSLANDER FOUNDATION
The
A.A. Van Elslander Foundation was established in 2016 by Mr. Art Van Elslander.
As one of Michigan’s most respected businessmen and generous philanthropists,
his commitment to helping others was a cornerstone of his life’s values, and
defines our philanthropic agenda, providing support to Michigan-based charities
benefiting children, health and human services. For more information: www.vanelslanderfoundation.org.