About Noah’s Ark Angel Foundation
Noah’s Ark Angel Foundation is a single purpose charitable foundation supporting the work of Noah Homes, Inc., a residential community for adults with special needs. Noah Homes, Inc. currently receives funds and donations to help Noah Homes meet current financial obligations. Supporters and the Noah Homes board of directors established the Foundation to raise awareness of Noah Homes and to strengthen Noah’s present and future financial stability.
The Foundation was created to maintain the high level of quality that remains the standard of Noah Homes programs and services as well as the beauty of the Noah Homes community. The funds raised by Noah’s Ark Angel Foundation are restricted. Investment earnings will be used solely for the benefit of Noah Homes, Inc.
Noah’s Ark Angel Foundation is fully solvent and structured for financial growth. Founded with a capital investment of $1 million, Noah’s Ark Angel Foundation’s ultimate, long-term funding goal is $15 million. In addition to the initial $1 million investment, Noah Homes has provided a $1 million matching fund for the first year of the Foundation’s operation. This matching fund will aid Noah’s Ark Angel Foundation’s attempt to reach intermediate funding goals ($3 million increments). The Foundation also has smaller, private matching funds created by board directors in addition to the matching fund provided by Noah Homes. Donations will be matched according to the schedule provided by the Foundation.