A 200-year-old Philly nonprofit is remaking itself into a $50 million foundation devoted to serving older adults

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A 200-year-old Philly nonprofit is remaking itself into a $50 million foundation devoted to serving older adults
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Daily News | A 200-year-old Philly nonprofit is remaking itself into a $50 million foundation devoted to serving older adults

, a New York nonprofit that provides grants, loans, analysis, and advice to other nonprofits. The duty of nonprofit boards, he said, is “to the mission of the organization, not to the particular form in which that mission is delivered,”

“We were hoping to develop a new business model,” Killen said. The goal was to expand Ralston’s home-care service to the point that it could at least break even, she said. Ralston also offered exercise, art, and other classes for seniors though what it called a wellness program.

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