Empowering Perspectives & Building Community
As a good corporate citizen and industry leader, Ventas has a responsibility to actively engage in improving the lives of people in the communities where we operate and where our employees live. We first established a charitable fund in 2005 to institutionalize ongoing giving efforts and formally established the Ventas Foundation in 2006. We aim to contribute approximately $1 million annually to organizations with missions aligned to our corporate strategy, with which our employees are personally involved or in support of the communities in which we live, work and operate.
Our approach to giving is structured around a three-tiered framework:
Marquee Partnerships Long term, strategic partnerships with organizations that meet a significant community need aligned to our demographically-driven business and emphasizing health and well-being (particularly seniors), education, racial equity and social justice.
Employee Charitable Fund Financial contributions to organizations nominated directly by employees, recognizing causes that are important and meaningful to our team, and supporting causes where employees volunteer their time or are otherwise personally involved.
Civic & Community Engagement Active participation in our extended communities through volunteerism, sponsorships and collaboration with organizations that work to meet critical community needs in areas such as education, health, diversity and inclusion and the environment.
Long-term, strategic partnerships with organizations that meet a significant community need aligned to our demographically driven business and emphasizing health and well-being (particularly seniors), education, racial equity and social justice.
Real Estate Executive Council (REEC)
In 2021, Ventas announced its partnership with REEC, a leading professional trade association formed to promote the interests of minority executives doing business in the commercial real estate (CRE) industry. As the “Founding Diversity Partner - Healthcare Real Estate”, we have made a multi-year commitment to support REEC in its mission to build inclusive cultures and create structural change to ultimately diversify the CRE industry.
High Jump Chicago
In 2022, Ventas introduced a new marquee partner: High Jump Chicago, an organization that strives to equalize access to education for Chicago middle school students who have exhibited academic ambition and potential and who are of limited economic means.
Greater Chicago Food Depository
Our commitment with The Greater Chicago Food Depository's Older Adult Program began in 2015. We've continued to grow our partnership in support of GCFD's efforts to ensure food is available for underserved communities across the Chicagoland area.
For more than 50 years, ElderServe has been a champion for improving the lives of aging adults in Louisville, KY. Our long-term relationship with Elderserve supports a wide range of services that empower older adults to live independently with dignity.
Global Institute for Innovation Districts
Ventas is a “Founding Partner” of GIID, a practitioner-led and empirically grounded not-for-profit organization designed to strategically advance innovation districts worldwide through the creation of a global network and focused research initiatives.
Employee Charitable Fund
Financial contributions to organizations nominated directly by employees, recognizing causes that are important and meaningful to our team, and supporting organizations where employees volunteer their time or are otherwise personally involved.
Community service is a key value of our company's culture, and we are proud that so many of our team members are actively involved in a wide variety of local and national organizations. To celebrate their efforts, employees can directly nominate nonprofit organizations to receive grants of up to $4,000 per year through our Employee Charitable Fund. Since the program began, we have given nearly $800,000 to employee-nominated organizations, supporting more than 90% of requests. In 2021, we donated more than $41,000 to employee-nominated organizations.
Civic & Community Engagement
Active investment and participation in our extended communities through volunteerism, sponsorships and collaboration with organizations that meet critical community needs in areas such as education, health, diversity and inclusion and the environment.
We engage with our communities both through financial support and the donation of time and expertise. Financially, we support timely events that impact our community, such as social justice organizations and responding to natural disasters. Volunteering is infused throughout our employee population. Employees are both encouraged and celebrated for working with a wide variety of organizations in areas such as:
- Environment & preservation
- Healthcare & human services
- Job development
- Low income individuals
- Performing arts & culture
- Youth athletics & development
Each year, a portion of our annual budget is unallocated and used to support emergency or other philanthropic causes that have a timely need.
Urgent philanthropic needs, including those based on vital issues such as social injustices and natural disasters caused by extreme weather, arise every year and require timely support. Recent causes that we have supported include organizations dedicated to racial equality and relief funds that support our senior living providers and their staff following recent hurricane and wildfire natural disasters.
Community Impact Spotlight
Ventas has purposefully increased our community engagement to promote diversity and inclusion. During our 2021 Annual Holiday Giving Drive, Ventas employees collected more than 400 coats, backpacks, and other school supplies for students at the Samuel Powel Elementary School and the Science Leadership Academy Middle School in West Philadelphia, fulfilling 100% of the requested supplies. The charity drive built upon Ventas’s $9 million donation toward the design and construction of the STEM schools that serve predominately economically disadvantaged students, which reside on the University City campus where Ventas owns six life science, research and innovation properties and has one additional project under development.