The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1913-03-04
ReIatIve TO The Home For
Tie Aged 10 THIS City
How TO Secure Admission
TO The Home And Other
Questions Answered
Mt. Vernon, o., March /

CLOItOi. Dufuct
So often the trustees of the Home
for the Aged are asked how much a
person has TO pay to enter the Home:
and how about the management. All
these questions the trustees are very
glad to answer, but only a few are
able In this way to learn what all the
people would like to know. so for this |
reason It has seemed wise to the trus-
tees u answer some of these ques- |
tions through our daily and semi.week- !
ly papers 20 that all the people in
Knox county may have better under. |
standing about the management OF
the Home and its needs. The first
question asked as rule is, how much
does . person have to pay to enter
the Home. ] answer II the person is
a worthy person and is sixty years old
or over, q resident Of Knox county.
five hundred $500.00) dollars. In ad-
dition to this II person wishing to
come has more than $4,000 it has to
be made over to the Home. the trus.
tees agreeing to give said person a
certain amount Of interest on this sur
plus. This at the death of the person
goes into the endowment fund This
Is the rule in all Homes, and is just
rule, rs the person is liable TO live
from 10 to Is years. and in that case
Ave hundred would be small part Of
the expense, and yet II that Is all the
person has we take her and give all the
comforts Of the Home. Persons out
side Knox county have to pay double
those in the county. Another ques-
ton often asked Is what is the en-.
dowment fund. All money paid by
those entering the Home is put out ON
interest and all money given or willed
to the endowment fund is put out on
interest. This Institutes the. endow.
ment fund. The principal Is not used.
only the interest for the running ex.
penses Of the Home. The next Ques-
ton that naturally follows is. II you dn
not use any Of the money thus given
how do you run the Home. The Home
has been running a little less than
seven years. The first year there was
no interest from endowment as there
was no endowment fund; but there
were, ! think. fifty or sixty persons
who agreed to give five dollars each
year for five years. This was called
patrons money. This with other gifts
of money and generous donations
with careful management enabled the
trustees to close the first year with
surplus of $14.00 In the treasury. The
second year in addition to the patror
money, donations and receipts from
entertainments given, We began 4
have small amount of interest. Thi!
Increased as our endowment increas
ed. The trustees have carried on thu
work from year to year practically II
the same way, friends always stand
ing by them. Those who read TIT
treasurer's annual report in the dali.
papers in January will remember tina
the expenses of the Home for 1871
, were s1,612.OO. This included board
washing and ironing. telephone, gas
. matrons' salaries, expense OF nurs
and all repairs. There was an averag
1 of thirteen in the Home during tn
i. year. II any ope will figure out wha
o II costs to supply one person Wit
!. good substantial food for one yea
with all the other comforts Of HON
and then multiply that by lS he ca
!. see what 1t costs to run the Hon
each year. Last year the trustees di
!. not have to call ON the public exceI
Tag day, $111.0O and Harvest Hon
= day because they had two ladies boar
q ing at the Home. This with intere'
!, on enowment. membership dues an
!, donations brought US through tn
a year. The trustees have felt that som
!. of the w. C. A. think because II
Home has been receiving some gene
!. GUS gifts that their dollar year du'
= is not needed. It is true one DOLL
~ seems small, but membership
!. two hundred counts for much and '
!. hope we may have that number The
is now $9,545.00 endowment fund. I'll
interest on that at six per cent wou
"a be S572.70. The difference betwe'
s572.70 and sl,sl2 has to be made
m membership dues, gifts. donations a
N board money If We have those W
he wish to board.
re There are few friends of the Hor
is l who continue to pay five dollars
N. year. would suggest to those W
X feel able to do this that there Is
81. way they can better help the Hoi
than this, not as pledge but a n
will Offering. There are several pi
sicians in our city who have donat
ht their services to the Home. The tr'
O.. tees wish to thank them, as well