The Elderslee Foundation was established in the 1970’s to oversee the running of Elderslee Retirement Village at Bateau Bay, on the NSW Central Coast. In 2012, the Foundation sold the retirement village in order to generate sufficient funds to establish a Well-Being Centre to support the residents of Elderslee Village and the other retirement villages in the Bateau Bay area. This ageing-in-place initiative was supported by the Old People’s Welfare Council (OPWC), who contributed a substantial amount of funding to the project. The Elderslee Foundation embarked on a lengthy process of planning, advocating and lobbying to bring this project to fruition. Despite assurances from State and Local Government that the project was both valuable and supported, it became apparent that the issue of land purchasing/leasing was not going to be resolved any time soon, and the Foundation made a decision to cease further work on the project.
As the retirement village was sold to fund the Well-Being Centre project, the Board decided to give the money back to the Central Coast community through projects and activities that enhance the well-being of older residents, utilising the proceeds of this sale and the OPWC’s support (who agreed with the new direction and to Elderslee Foundation administering their funds). Whilst maintaining significant support for older people, Elderslee Foundation subsequently broadened its focus to financially support projects focussing across all age groups. These funds have provided considerable support to a variety of agencies on the Central Coast.