Cornelia Eaton lived in a modest house in Pasadena in the path of what is now the 210 freeway. At her death in 1995, she left her entire estate to the Pasadena Community Foundation, a bequest valued at $816,225. She specified that the funds would be used to support charitable organizations that serve seniors in the City of Pasadena. PCF created a permanently endowed fund to ensure that her intentions were honored in perpetuity, the Cornelia L. Eaton Endowment for Assistance to the Elderly.
The total amount of grants made from Cornelia Eaton’s endowment has now exceeded the amount of her original bequest, and her fund is now valued at just under $2 million.
The Eaton Endowment supports PCF’s Senior Grants Program, which funds organizations that serve the needs of the frail elderly. Grants are awarded for both program and capital needs. Organizations funded include:
Armenian Relief Society
Huntington Memorial Hospital – Senior Care Network
Pasadena Meals on Wheels
Pasadena Senior Center