About the Foundation
Noah's Ark Angel Foundation was created to maintain Noah Homes' internationally recognized, best-in-class model care. Foundation assets and investment earnings will be used solely for the benefit of Noah Homes, to ensure its long-term financial viability through a well-funded foundation. The Foundation is fully solvent and structured for financial growth. Founded with an initial capital investment of $1 million, The Foundation's ultimate, long-term goal is building a sustainable investment fund, using the fund growth to offset Noah Homes' deficit annually.
Proven Financial Stewards
Noah's Foundation is dedicated to keeping Noah Homes debt-free, mitigating a $700,000 to $1 million annual state funding shortfall and funding the future of Noah Homes in perpetuity. Here are some of the many needs of Noah Homes that the Foundation has recently funded:
- Construction of two of the first Dementia Care Homes in the country specifically designed for adults with developmental disabilities – on-time and under budget.
- Creation of innovative staff empathy training that is now accredited, revenue-generating, and requested nationally.
- Production of the Enchanted Village, welcoming thousands of members of the community to Noah Homes, building awareness and raising more than $250,000 annually.
San Diego Roots, Global Impact
Your gift continues to grow as Noah Homes continues to be recognized as a best-practice model others are looking to replicate globally. Here are a few of many examples:
- Alzheimer's International "World Alzheimer's Report": Design, dignity, dementia: Dementia-related design and the built environment. The World Alzheimer Report 2020 gives a global perspective of dementia-related design that takes a cross cultural approach and spans across two volumes, including 84 case studies and interviews with leaders in the field of dementia design.
- "A Place in the World" Report: Fueling Housing and Community Options for Adults with Autism and Other Neurodiversity (2020 First PlaceŽ AZ)
- UC Davis Center for Healthcare Policy and Research "Planning Healthy Aging Communities" Report (CHPR Publications June 2021)
- Wall Street Journal's "Down Syndrome Is Thought to Hold Clues to Alzheimer's" article by Amy Dockser Marcus (Jan. 21, 2016). Prevalence of disease spurs brain and vaccine research; new homes are built to provide specialized care.
- San Diego Union Tribune's "Giving disabled people a place to call home" article by Karla Peterson (Aug. 1, 2016)
Members of the Board of Directors of Noah's Ark Angel Foundation and its advisors were carefully selected to provide a solid foundation for the organization's development and growth. The Foundation's leadership, directors and advisors have comprehensive experience that includes business, finance, administration, and health care. Underlying the group's overall experience, each member of the Foundation's leadership possesses a strong connection to Noah Homes and its residents as well as a desire to see The Foundation reach its goal – providing funding to sustain Noah Homes in perpetuity.
History in the Making
Walter Fitch III
Walter Fitch, III, was a long-time La Jolla resident with roots in Coronado, an alumnus of Stanford and Harvard Business School, a pilot for Pan Am, and credited as a founder of Texas Oil & Gas Corp., to name just a few of his major achievements.
We refer to Walter as the first angel of Noah Homes and the inspiration for Noah's Ark Angel Foundation not simply because of his financial support, but because of his involvement with Noah Homes and its residents.
Peter J. Ferrantelli
Peter Ferrantelli is a retired businessman, a San Diego native with public service activities and ties to those that span over forty years. Peter is one of the founders of Noah's Ark Angel Foundation and serves as its board chair because he believes in Noah Homes and wants to preserve the community for his son, who is a current resident, and for all who are part of the Noah Homes family.