Latest news with #AngelaEdwards
Scoop
15-05-2025
- Business
- Scoop
The Selwyn Foundation Announces First-of-its-Kind Investment In Older Persons' Wellbeing Focused On Dementia Support
Press Release – Selwyn Foundation The new agreement, announced at the 15 May Scaling Investments into Social Impact forum co-hosted by The Selwyn Foundation, the Impact Investing Network and Forsyth Barr, deepens the relationship further and signifies Selwyns first impact investment. AUCKLAND, 15 May 2025 – The Selwyn Foundation has announced plans to make New Zealand's first impact investment in the older persons' wellbeing market, via a new agreement with Ōtepoti Dunedin-based social enterprise Elli Cares. The Foundation will provide significant funding for the business's award-winning dementia support technology. The Elli Cares app, which is active in 40 countries, provides personalised reminders, location tracking, and AI-driven tools for users with dementia and caregivers. The Selwyn Foundation was an early financial supporter, selecting Elli Cares to receive a grant following its Respectful Ageing Innovation Challenge launched in 2023. This was designed to support the development of innovative products and services that would significantly improve outcomes for older people. 'There's surprisingly little philanthropic or private sector money currently going into services and support for older adults in Aotearoa. We're setting about changing this. As part of our Social Impact & Mission Strategy, which has allocated sizeable funding for impact investing and our partnership with Elli Cares is just the start,' said Denise Cosgrove, CEO of The Selwyn Foundation. The new agreement, announced at the 15 May Scaling Investments into Social Impact forum co-hosted by The Selwyn Foundation, the Impact Investing Network and Forsyth Barr, deepens the relationship further and signifies Selwyn's first impact investment. 'This investment is instrumental in allowing us to scale both our technology and our reach. It will directly support the rollout of our Preventative Health and AI-driven engagement tools, as well as expand our presence across Aotearoa and beyond through new partnerships with not-for-profits, aged care providers, and healthcare professionals. With Selwyn's backing, we can accelerate our mission to help older adults – especially those living with dementia or cognitive challenges – maintain independence, dignity, and wellbeing.' Angela Edwards, Founder of Elli Cares said. 'Impact investing is values-aligned investing intended to create positive social or environmental impacts alongside competitive financial returns. The size of the global market is $1.571 trillion USD and is expected to grow significantly. However, locally we are yet to fully embrace the potential of this market,' Cosgrove said. 'Solving our most pressing social challenges requires innovative investment approaches, new mindsets, and new kinds of partnerships. By investing capital into scalable investment opportunities, we can deliver financial returns alongside transformative outcomes for communities – in economic participation, ageing well, health and more. We invite others to partner with us to deliver social impact at scale, so all older people may age with dignity and respect.'
Scoop
15-05-2025
- Business
- Scoop
The Selwyn Foundation Announces First-of-its-Kind Investment In Older Persons' Wellbeing Focused On Dementia Support
AUCKLAND, 15 May 2025 – The Selwyn Foundation has announced plans to make New Zealand's first impact investment in the older persons' wellbeing market, via a new agreement with Ōtepoti Dunedin-based social enterprise Elli Cares. The Foundation will provide significant funding for the business's award-winning dementia support technology. The Elli Cares app, which is active in 40 countries, provides personalised reminders, location tracking, and AI-driven tools for users with dementia and caregivers. The Selwyn Foundation was an early financial supporter, selecting Elli Cares to receive a grant following its Respectful Ageing Innovation Challenge launched in 2023. This was designed to support the development of innovative products and services that would significantly improve outcomes for older people. 'There's surprisingly little philanthropic or private sector money currently going into services and support for older adults in Aotearoa. We're setting about changing this. As part of our Social Impact & Mission Strategy, which has allocated sizeable funding for impact investing and our partnership with Elli Cares is just the start,' said Denise Cosgrove, CEO of The Selwyn Foundation. The new agreement, announced at the 15 May Scaling Investments into Social Impact forum co-hosted by The Selwyn Foundation, the Impact Investing Network and Forsyth Barr, deepens the relationship further and signifies Selwyn's first impact investment. 'This investment is instrumental in allowing us to scale both our technology and our reach. It will directly support the rollout of our Preventative Health and AI-driven engagement tools, as well as expand our presence across Aotearoa and beyond through new partnerships with not-for-profits, aged care providers, and healthcare professionals. With Selwyn's backing, we can accelerate our mission to help older adults - especially those living with dementia or cognitive challenges - maintain independence, dignity, and wellbeing.' Angela Edwards, Founder of Elli Cares said. 'Impact investing is values-aligned investing intended to create positive social or environmental impacts alongside competitive financial returns. The size of the global market is $1.571 trillion USD and is expected to grow significantly. However, locally we are yet to fully embrace the potential of this market,' Cosgrove said. 'Solving our most pressing social challenges requires innovative investment approaches, new mindsets, and new kinds of partnerships. By investing capital into scalable investment opportunities, we can deliver financial returns alongside transformative outcomes for communities – in economic participation, ageing well, health and more. We invite others to partner with us to deliver social impact at scale, so all older people may age with dignity and respect.'
Yahoo
28-02-2025
- Yahoo
Meadville community unites to support EBT card scam victims
We told you last week people in Meadville were having their SNAP benefits stolen, leaving them without a way to buy food, for an entire month. But now the community is coming together, to make sure no one goes hungry. Representatives from the Meadville Police Department and the Family Children and Community Association (FCCA) hosted a food giveaway on Chestnut Street Thursday night making sure victims of the SNAP benefit hacks will have food on the table. Crawford Co. residents impacted by stolen SNAP benefits Angela Edwards had double-checked to make sure her SNAP benefits were on her EBT card, but when she woke up the next day, everything was gone. She called a couple of friends to see if they were having issues and was able to confirm the sad truth, she had been scammed. 'I go down to the welfare office. They had me turn in my card, pulled it up on the account, showed me the transactions. I said, 'I didn't do that,'' she said. Edwards said she then went to the police station to file a report, joining more than 70 other Meadville residents who had also been scammed. New Grocery Outlet officially opens in Meadville 'It's like, what do you do for that whole month? And then, what if it happened again? What if it happened again? Don't know,' she said. As just one person, Edwards said she'll survive but feels for the families who rely on that money to feed their kids. Now, to help out those families affected by the EBT scams, the Meadville Police and the FCCA are loading up these bags with turkeys, hams, canned goods, cookies, you name it, they got it. 'We just wanted to give back. We wanted to make sure that everyone is able to eat at the end of the day. They shouldn't have to go hungry and their families shouldn't have to go hungry because of a scam,' said Jackie Roberson, FCCA executive director. City of Erie adds two new positions to battle blight in rental housing A spokesperson from the PA Department of Human Services said the EBT accounts were hacked through skimming which is when a data-stealing device is placed on top of a card reader. But with the proper police documentation saying they were scammed, the hacking victims could come to the FCCA building on Chestnut Street for a free bag of groceries. 'We're trying to support our community, so the police department, the fraternal order of police, our lodge, bought a lot of the food and then Jackie had some from the FCCA so we just kind of merged together to come together and serve the community,' Brian Swavey, crisis intervention officer for Meadville police, went on to say. The FCCA and Meadville police will be distributing food for scam victims again Friday from 5 to 8 p.m. Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
