HISTORY Ebell women worked tirelessly at this second Rest Cottage for fifty years, but in 1979 made the difficult decision to sell it, as Medicare and other insurance programs began to provide the help needed and Ebell women recognized the increasing possibility of legal liability for their enterprise. When the second Rest Cottage was sold, in 1980, the proceeds were added to the original endowment fund and the Rest Cottage Association was formed to support other organizations that help women in need. As a result of prudent investing, good markets outnumbering bad, and generous donations that continued to be added to the endowment by Ebell members and friends, the endowment peaked at $4 million a few years ago. We have continued to donate the interest from the endowment (which in recent years has ranged from approximately $150,000 to $200,000) to organizations in the Los Angeles area that help women in need, still honoring the original purposes of the original Giovan King For more information you may call 323-931-1277 or email: ebell@ebellla.com |
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