F&M Trust commits $50,000 to Menno Haven
January 24, 2019
F&M Trust commits $50,000 to Menno Haven
CHAMBERSBURG, Pa – F&M Trust recently committed $50,000 to Menno Haven, a non- profit senior living provider in Franklin County.
The commitment is part of Menno Haven’s capital campaign to fund its five-year campus expansion plan known as “Project GENESIS.”
“At F&M Trust, we care about giving back to our community. We are proud to support the good work being done by Menno Haven and hope this contribution will make a difference in the lives of seniors in Chambersburg,” said Tim Henry, president and CEO of F&M Trust.
Announced in 2016, the $76.5 million construction project includes creating a new rehabilitation center, replacing the original 1964 nursing home, adding memory care houses, building a new resident-life center, constructing a new health care center and adding new independent-living cottages. It is being funded through a mix of bonds, loans and raised capital. Menno Haven’s goal is to raise $15 million in gifts, multi-year pledges and planned gifts to fund the projects.
The rehabilitation center is slated to begin operating later this month pending final regulatory approval. Construction on the approximately $21 million center began in September 2017.
The memory care houses are expected to be finished early summer, the resident-life center will be completed late summer or early fall and the new skilled nursing small houses will be completed during the first part of 2020.
“Part of Menno Haven’s foundation was built on the premise of philanthropy and good stewardship. Every donation and penny collected goes back into our communities to ensure the long-term future of the organization, reinvesting in our people, and pursuing growth opportunities allowing us to better serve our community,” said Hugh Davis, CEO of Menno Haven.
He added: “The completion of Project GENESIS marks another chapter in the long tradition of being an innovative organization. We have used the term ‘Redefining Senior Living’ to describe what we are embarking on. We are truly preparing our organization to meet the changing needs and expectations of our region’s Senior Living consumers both today and in the future.”
A subsidiary of Franklin Financial Corp., F&M Trust is an independent community bank headquartered in Chambersburg. With approximately $1.2 billion in assets, F&M Trust has twenty-two community-banking locations in Franklin, Cumberland, Fulton and Huntingdon counties.
Pictured left to right: Jim Probst, Vice President, Investment & Trust Services, F&M Trust; Mike Metz, Vice President, Commercial Services, F&M Trust; Matt Berger, Vice President, Investment & Trust Services, F&M Trust; Hugh Davis, CEO, Menno Haven; Tim Henry, President and CEO, F&M Trust; David Gentry, CFO, Menno Haven; Warren Hurt, Vice President, Investment & Trust Services, F&M Trust; Martha Walker, F&M Trust board member; Summer Franzoni, Assistant Vice President, Retail Services, F&M Trust; Susan Rosenberg, Senior Vice President, Investment & Trust Services, F&M Trust
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