Eliada Receives $13,000 Parsec Prize

Contact: Carolyn Carnahan
ccarnahan@eliada.org
828.254.5356 x113

ASHEVILLE - May 2006 - Eliada Home has received a generous $13,000 grant from the Parsec Prize program in support of general operating expenses. Funds will be used to support Eliada programs and services that focus on education and child welfare. The prize is funded by the philanthropy of Parsec Financial, a fee-only investment counsel and financial planning firm. Services include review and recommendations on investments, goal setting, taxes, insurance, budgeting, retirement, estate planning and other areas where opportunities exist to have positive impact on their clients' financial well-being.

The Parsec Prize is given quarterly to organizations that strive to improve the quality of education and prospects for economic development in local communities. Grants are made to non-profit organizations that are certified tax-exempt under section 501(c) (3) of the U.S. Internal Revenue Service code. For specifics on how to apply for the next quarterly Parsec Prize, please visit the web site at www.parsecfinancial.com.

Eliada is a 103-year-old non-profit agency serving North Carolina's children and families. Founded in 1903 by Dr. Lucius Compton as a home for women and children, Eliada's full-service continuum includes NAEYC accredited Child Development Services (Pre School, After School, Summer Camp, More at Four); Residential and Day Treatment for children and adolescents; In Home services; Foster Care and Therapeutic Foster Care; and Therapeutic Recreation services. The agency enters its second century with pride, committed to the fulfillment of its mission statement: Helping Children Succeed.