Every day in the United States, approximately 10,000 baby boomers are turning 65 years old, the age generally defined as a senior citizen.
According to the National Council on Aging, 14% of the nation’s populace is made up of seniors, and 75% have more than one chronic health care issue, with conditions ranging from mild arthritis to advanced Alzheimer’s disease. In Sacramento County, 11% of the population are seniors and 26% of seniors have an annual income of less than $20,000. According to the Department of Housing and Urban Development, seniors living on the street now make up 31% of the nation's homeless population. In Sacramento County, alone, there are more than 1,000 seniors who are experiencing homelessness.
With the senior population growing, along with the demand for services that meet their particular needs, Nancy Fisher was inspired to create the Nancy and Hank Fisher Senior Initiatives Fund at the Foundation to improve the lives of seniors in the region and honor her late husband, Hank Fisher. For decades, Nancy has been actively serving seniors through Hank Fisher Properties, a residential property development and management company she and Hank founded in 1979.
The Fishers saw a need for quality senior housing in the area and together built one of the area’s first senior living communities. While they later sold that property, they continued to build, purchase, and renovate numerous senior living communities, ensuring seniors were surrounded with a top-quality environment and specialized services.
“As one of the fastest growing populations in our community, issues of concern to seniors need our attention more than ever,” said Nancy. “It is my priority and honor to provide resources through this fund to support organizations in our region that are making a significant effort to make the lives of our seniors more comfortable, healthier, and safer.”
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