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SOURCE: Building America's Foundation
Nonprofit brings homeownership, higher education opportunities to the underprivileged
North Bend, WA (PRWEB) February 12, 2013
Building America’s Foundation, a newly launched nonprofit organization, is embarking on a fundraising campaign this month to raise money to help a breast cancer survivor avoid foreclosure on her home.
The campaign, which has a goal of collecting $200,000 in donations from across the country, will benefit Sheila Aay of Gig Harbor, Washington, who underwent a double mastectomy in June. With her bank foreclosing on her home more quickly than expected, Building America’s Foundation is urgently seeking contributions from those who wish to help out.
“Our country is filled with hard-working individuals who live paycheck to paycheck, and who are quite literally one minor tragedy away from financial ruin,” said Todd Schuerman, founder of Building America’s Foundation. “The type of debt facing the poor in America removes any promise from their futures, as it leaves them with no cushion when the unexpected occurs. An illness or the loss of a job can mean losing your home, and even inconveniences like a car breaking down can have major ramifications.”
After being diagnosed with breast cancer, Aay required a tremendous amount of medical attention to save her life. Reeling from expensive cancer treatments and operation, she soon found herself unable to keep up with her mortgage payments. Even though Aay has been working closely with Building America’s Foundation and was accepted as the nonprofit’s first recipient, her bank, Wells Fargo, is quickly pursuing foreclosure.
Unfortunately, Building America’s Foundation has been forced to locate the necessary funds before receiving its official tax-exempt status, which means that donors will not be able to claim any contributions made before the status is granted. However, all contributions will go toward this very important cause.
Aay is one of millions of Americans who face extremely tough financial challenges due to health complications, which is why Building America’s Foundation is raising money to help as many individuals and families as possible. The organization collects donations to help people pay down their mortgages and student loan debt, opening up opportunities for a positive future.
“Mortgage and tuition debt can turn the American Dream into a Venus fly trap, luring you in with the promise of a better life, only to consume you whole,” said Schuerman. “Our organization attempts to pry the jaws open, giving our beneficiaries room to breathe and the chance to truly thrive.”
While there are many nonprofit organizations that work to help individuals who are saddled with crippling levels of debt, most aim to address the issue through consolidation and deferment. For those facing serious financial hardship, however, these solutions simply postpone the inevitable.
To make a contribution, donors should make checks and money orders payable to Building America’s Foundation, sending them to 1191 Salish Ave SE, North Bend, WA 98045. To learn more about the organization, visit http://www.buildingamericasfoundation.org.
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