Friends Life Care Partners

Friends Life Care Partners is a nonprofit organization designated as a 501(c)(3) entity, primarily focused on providing health care services and support for aging individuals to live independently at home. Its operations are guided by a holding company structure that includes two main subsidiaries: Friends Life Care and Friends Life Care Consultants.

Background

Founded in the early 1980s, Friends Life Care Partners is rooted in the principles of the Society of Friends, commonly known as Quakers. This heritage emphasizes values such as simplicity, peace, integrity, community, equality, and stewardship, which are integrated into the organization's mission and operations[3][5].

Mission and Objectives

The mission of Friends Life Care Partners is to advance long-term care and wellness through innovative solutions that address lifelong health care needs, ensuring service excellence and sustainability. The organization aims to provide cost-effective and holistic care options for aging individuals, allowing them to remain in their homes while accessing necessary support services[1][3].

Structure and Subsidiaries

Friends Life Care Partners serves as the holding company for two primary subsidiaries:

• Friends Life Care: This subsidiary offers an aging-in-place membership program designed to empower individuals to thrive in their own homes. It provides care coordination, wellness initiatives, prevention strategies, and financial benefits tailored to support independent living[1][4].
• Friends Life Care Consultants: This subsidiary specializes in consulting services for long-term care insurance carriers and the senior housing industry, particularly for Life Plan Communities and Continuing Care Retirement Communities. They help develop and implement Continuing Care at Home models to support more flexible and individualized care options for seniors[1][4].

Governance

Friends Life Care Partners is governed by a volunteer board of directors, with a requirement that the majority of its members be affiliated with the Religious Society of Friends. The board oversees the strategic direction and operational integrity of the organization, ensuring alignment with its Quaker values and mission[5].

Financial Overview

The organization derives its revenue primarily from sources such as other revenue streams, with significant expenditures allocated to executive compensation and salaries for other employees. As a nonprofit, Friends Life Care Partners relies on its operational efficiency and stewardship to maintain its financial sustainability[2].