With the aid of a provincial grant, Family Service Kent (FSK) hopes to help seniors better manage their finances.
The Senior Trustee Program is a new financial management service designed to assist older adults who face barriers in managing their day-to-day finances safely and independently.
The program was supported by a $96,200 Seed grant they received from the provincial government’s Ontario Trillium Foundation (OTF).
“We’re extremely grateful to the Ontario Trillium Foundation for recognizing the importance of financial security and dignity for older adults in Chatham-Kent,” said Dan Farrow, executive director of FSK, in a media release. “Through this investment, we’re able to explore a new way of supporting seniors who may be struggling to manage their finances or in vulnerable situations, while also ensuring they can remain safe, independent, and connected to their community.”
The program will provide trusted financial support to seniors who may be experiencing cognitive decline, isolation, or financial vulnerability, helping them maintain stability and independence in their lives, FSK officials said.
The project will also include outreach, partnerships, and community education to reduce the risk of financial abuse and improve the financial well- being of older adults in the region.
“Many older adults in our community face increasing challenges with financial management, whether due to cognitive changes, family loss, or systemic barriers. This Seed Grant allows us to design and test a program that provides not only practical support, but peace of mind for older adults and their families.” Said Shannon Jackson, manager of community support services at FSK. “We’re excited to collaborate with partners to make this vision a reality.”
The Senior Trustee Program is one of several innovative initiatives led by Family Service Kent to promote independence and inclusion for seniors and other vulnerable populations across Chatham-Kent.
