As a good corporate citizen and industry leader, Ventas has a responsibility to actively engage in improving the lives of people in the communities where we work and where our employees live. We first established a charitable fund in 2005 to institutionalize ongoing giving efforts and formally established the Ventas Foundation in 2006. Each year we aim to contribute up to $1 million annually to organizations with missions aligned to our corporate strategy, with which our employees are personally involved or in support of the communities in which we live, work and operate.
We have a four-prong approach to giving:
Long-term, strategic partnerships with organizations that meet a significant community need aligned to our demographically driven business and emphasizing health and wellbeing (particularly seniors), education, racial equity and social justice.
Greater Chicago Food Depository
In 2019, Ventas extended its relationship with GCFD as a strategic partner to the Depository’s Older Adult Program. Our commitment, which began in 2015, supports food delivery to 6,500 seniors each month, ensuring they will not go hungry or be forced to make the agonizing choice between medicine and nutrition.
For more than 50 years, ElderServe has been a champion for improving the lives of aging adults in Louisville, KY. Our long-term relationship with Elderserve supports a wide range of services that empower older adults to live independently with dignity.
Global Institute for Innovation Districts
Ventas is a “Founding Partner” of GIID, a practitioner-led and empirically grounded not-for-profit organization designed to strategically advance innovation districts worldwide through the creation of a global network and focused research initiatives.
Employee Charitable Fund
Providing grants to employee-nominated organizations, supporting those causes that are most meaningful to our team.
Ventas employees are encouraged to give back to their communities, and we are proud that so many of our team members are actively involved in a wide variety of local and national organizations. To celebrate their efforts, employees can directly nominate nonprofit organizations to receive grants of up to $4,000 per year through our Employee Charitable Fund. Since the program began, we have given more than $750,000 to employee-nominated organizations, supporting more than 90% of requests. In 2020, we donated more than $80,000 to organizations, including:
- American Cancer Society
- Black Girls Code
- Cure JM Foundation
- One Tail At A Time
- Girl Scouts Of America
- Share Our Spare
- Children’s Place Association
- National Multiple Sclerosis Society Alliance of Hope for Suicide Loss Survivors
Civic & Community Engagement
Active investment and participation in our extended communities through volunteerism, sponsorships and collaboration with organizations that meet critical community needs in areas such as education, health and human services and the environment.
While financial support provides a lifeline to many philanthropic organizations, the donation of time and expertise can also be valuable. Fundraising and volunteering are values infused throughout our employee population who are encouraged and celebrated for working with a wide variety of organizations including:
- All Stars Project: Chicago’s Development for Youth Program
- The American Diabetes Association
- Camp Kasem
- Chicago Botanic Garden
- Chicago Infrastructure Trust
- The Economic Club of Chicago
- The Executives Club of Chicago
- Geneva Lake Conservancy
- Habitat for Humanity
- Bike to Beat Cancer benefiting Norton Cancer Institute
- America Needs You
- The University of Chicago Board of Directors
Each year, a portion of our annual budget is unallocated and used to support emergency or other philanthropic causes that have a timely need.
Urgent philanthropic needs, including those based on vital issues such as social injustices and natural disasters caused by extreme weather, arise every year and require timely support. Recent causes that we have supported include organizations dedicated to racial equality and relief funds that support our senior living providers and their staff following recent hurricane and wildfire natural disasters.
Ventas is donating approximately $9 million to provide major funding for the design, construction and development of a new K-8 public school facility to house two Philadelphia neighborhood public schools, the Powel Elementary School and the Science Leadership Academy Middle School (Powel/SLA-MS) in West Philadelphia. Funded through a combination of private and public capital secured by Drexel University and built on the former University City High School site on the western end of the University City (uCity) campus, the $40 million project will provide a state-of-the-art learning environment focused on inquiry, research and collaboration for more than 800 local students.