The deKay Foundation Stipendiary Program

Overview

The deKay Foundation was established in 1966 upon the death of Helen M. deKay. In her will, Mrs. deKay left instructions that the deKay Foundation be used to provide direct financial assistance for those formerly self-supporting elderly persons whose assets have been eroded and who no longer are able to continue living on their own without financial assistance. The Foundation traditionally awards monthly stipends directly to elderly individuals and couples to help them remain in their homes in safety and comfort, to protect their dignity and individuality, to encourage them to continue contributing to their communities, and to improve their overall comfort and quality of life.

Geographic Focus

New York metropolitan area, including the five City boroughs; Fairfield County, CT; Westchester, Rockland and Nassau counties, NY; and Essex, Bergen, Hudson and Passaic counties, NJ.

Eligibility & Restrictions

Stipendiary program applicants must be 70 years or older and must be referred by social service agencies and have an assigned social worker. Applicants must demonstrate a history of self-sufficiency, either through work or family means. Individuals should also demonstrate a history of engagement in their communities through their work, volunteerism, and/or civic activities. Applicants may have assets of up to $25,000, excluding their primary residence. Applicants are also expected to use all government benefits for which they are entitled.

Individuals approved for stipends must submit annual status reports for review by the Advisory Committee. Stipend renewals are contingent on satisfactory review of annual status reports.

The Foundation does not discriminate on the basis of race, color, creed, gender, sexual orientation, disability or place of national origin.

Grant Information          

Monthly stipends range from $150 to $1,250. The deKay Foundation also accepts one-time funding requests from stipendiaries for miscellaneous expenses meant to improve the comfort and quality of life of applicants (i.e. hearing aids, mattress, television, etc.).

Monthly stipends are paid directly to vendors (i.e. rental management companies, utilities companies, Internet service providers, etc.).

Timeline

Applications can be submitted on a rolling basis and are reviewed by the Trustee and an Advisory Committee on a quarterly basis (in January, April, June, and September).

JPMorgan Chase Relationship

Sole Trustee

How to Apply

Please reach out to the email contact listed below for further information and to request an application. Applications must be submitted by a social worker or case manager.

Contact Information      

deKay_Foundation@jpmorgan.com