Page 34 - BKCOB CSI Guide 2015

Berea Gardens Retirement

Foundation

Founded in 1974, Berea Gardens Retirement
Foundation has established itself as one of the
premier providers of retirement accommodation
and services in South Africa.

Situated in the heart of East London, Berea
Gardens is both a Non-profit Company and Public
Benefit Organisation providing high quality
economic and sub-economic accommodation
and services to its residents and the members
of its Service Centre. Accommodation is offered
both on a rental basis and on a unique life-
right endowment scheme. Sub-economic
accommodation, including that for pensioners on
a state pension, is available on a rental basis only
in the Berea Gardens Residence and is heavily
subsidised by the Foundation.

The Foundation has assisted-living and frail care
facilities at its Lily Kirchmann Complex in the
heart of the main campus in Berea. The Service
Centre has been called “the heart” of Berea
Gardens and it provides a wide variety of services,
hobbies, activities and outreach opportunities to
its members. The Foundation is self-funding aside
from a limited government subsidy to the Service
Centre.

Two key special funds are operated by the
CONTACT DETAILS:
Mike Schulze 072 214 7719 Foundation: The Needy Pensioners Fund,
62 Jarvis Road which primarily subsidises frail care for social
Berea pensioners, and the Development Fund which
East London earmarks money for expanding the Foundation’s
Tel 043 726 5319 accommodation facilities
executive@berea-gardens.co.za
Bereagardens@berea-gardens.co.za

34 | Corporate Social Investment Guide