$2.5m "Vital Seniors" Competition For Innovation Launched By AAACF

ANN ARBOR, Mich., Feb. 12, 2018 /PRNewswire/ -- The largest competition dedicated to seniors in North America is launching at the Ann Arbor Area Community Foundation (AAACF). Vital Seniors: A Community Innovation Competition, a $2.5M initiative sponsored by the Glacier Hills Legacy Fund at AAACF, will support innovative projects designed to serve and protect our most vulnerable seniors and their caregivers. The competition is open to organizations in Washtenaw County, MI (and those with branches or partners here), and these local nonprofits are encouraged to partner with other local, regional and national nonprofits, governmental units, and companies.

Vital Seniors intends to spark innovative, actionable solutions to challenges faced by seniors, their families, and caregivers. AAACF is particularly interested in innovations addressing independent living support; safe/affordable housing; health; transportation/mobility; and caregivers.

The competition strengthens AAACF's longstanding commitment to seniors and complements enhanced grantmaking for ongoing programs and services for seniors and their caregivers through its new $16M Glacier Hills Legacy Fund permanent endowment. By 2040, the number of adults age 60+ in Washtenaw County will more than double, as will the number of seniors in poverty. Life for everyone in 2040 will be shaped by how we respond now to the needs of the aging and local innovative efforts can serve as models for replication nationally.

Prize amounts will run from $50,000 up to a $500,000 grand prize, including the $250,000 Ralph C. Wilson, Jr. Foundation Caregiver Prize. Separate prizes will be awarded to both small and large organizations. Up to 10 finalists will all be winners, as each will receive operational funding and assistance to build capacity through workshops, coach/mentor support, and technical support.

Proposed projects should...

• Solve a problem, resolve an unmet need, or improve on an existing program for seniors and their caregivers
• Maximize relationships between nonprofits and innovators
• Be replicable
• Mobilize outside investment into coordinated sustainability plans
• Include sectors that will enhance the quality of seniors' lives

The deadline for a letter of intent (LOI) is March 8, 2018. For more LOI, prize competition, and senior sector information, go to aaacf.org.

Established in 1963, the Ann Arbor Area Community Foundation (AAACF) is dedicated to enriching the quality of life throughout Washtenaw County. AAACF distributes proceeds from more than 550 funds as grants and scholarships to assist individuals, families, and nonprofit organizations.

SOURCE Ann Arbor Area Community Foundation