One quick and easy way to help the effort to stop the sale and to Save Keiro is by donating money to help offset the costs that the Ad Hoc Committee to Save Keiro has been incurring. Your donation is tax-deductible. Please CLICK HERE for more details.
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FACT: Did Keiro fully-disclose the facts to the community? Why did Keiro waive the public hearing offered by the Attorney General’s office? Why did it withhold the deal terms from the community until after the Attorney General issued it’s conditional approval?
FACT: Did Keiro ask donors and supporters for permission to sell? What about donor intent and Keiro’s legal responsibilities of notifying donors for permission to change the use of the funds? Who will control the funds? Why are no funds set aside to help the Keiro residents with future medical care costs or relocation?
FACT: What locations? When? Was their board authorization to seek other locations? Where is this reflected in the Keiro Board minutes?
FACT: Keiro did not negotiate for more than five years to protect the residents.
FACT: $41 million is an undervaluation, based on outdated appraisal reports, dated October, 2013, submitted to the Attorney General more than 18 months later, and does not achieve the highest possible value.
FACT: Keiro is financially healthy and is not on the verge of bankruptcy. Retirement Home residents pay rent and do not receive Medi-Cal or Medicare reimbursements; only nursing home residents receive government health care subsidies.
FACT: The population in Keiro has already been changing to predominantly Japanese speaking Shin-Issei, not Nikkei. There are more than 127,000,000 Japanese and about 800,000 Japanese expatriates who live in the United States. Isn’t this the market for Keiro residents, not non-speaking Nikkei?
