Care4care will be a joint collaboration between Professor Heinz Wolff from Tools for Living, The Young Foundation and Age UK, Isle of Wight. Care4Care will be a membership organisation where members spend a few hours a week supporting an older person in their own local community, and in return build up their own "care pension" for their own future needs.
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Care4Care is a new venture designed to tackle the national crisis in support and care facing the UK's ageing population. Members will build up their own "care pension" - supporting and caring for an older person in their local community. The time invested in these actions will be credited to a personal care and support account (like a bank account). Credits will be used stored for their own future needs. Alternatively credits can be spent immediately on support for a family member (who might live far away).
Care4Care is a partnership between the Young Foundation and the creator of the Care4Care concept Professor Heinz Wolff, Emeritus Professor of Bio-engineering at Brunel University. Care4Care will launch its first community on the Isle of Wight in partnership with Age UK, Isle of Wight in spring 2012.
The Award: Care4Care has been awarded £47,000 to support and develop the prototype model on the Isle of Wight.
Find out more about the £10m fund supporting ideas with potential to deliver a significant increase in the giving and exchange of time, assets, skills, resources and money
Read the press release announcing the first 15 organisations to be funded through the Innovation in Giving Fund
![IIG vimeo channel [original] IIG vimeo channel [original]](http://admin.nesta.org.uk/library/images/IIG-vimeo-channel.jpg)
Check out the Vimeo channel featuring pitches from the 62 shortlisted Innovation in Giving Fund applications