Californias Grace Foundation Rescue Faces Day of Judgement From Banks

EL DORADO HILLS, CA (Grace Foundation) – Tomorrow seals the fate! Big business has now cost the lives of over a hundred animals and the outcome of mediation tomorrow will either secure the lives of thousands of others or be the beginning of the end for thousands of animals that will otherwise perish without our help. Will the banks make a reasonable offer to lift the Susanville burden of debt from Grace?

That is the question of Beth Decaprio, Ex. Director of the Grace Foundation, and thousands of Grace’s supporters and volunteers are asking. The Grace Foundation, a nonprofit that rescues and rehabilitates abused and neglected animals and utilizes those animals in programs for children with special needs, came to the aid of two of their community partners in August 2011. What has transpired since reads more like a movie script than the real life nightmare that The Grace Foundation has been living. What began as another casualty in the foreclosure crisis, has now turned into a story of greed at any cost and outlines a trail of fraud, malpractice, and undeniable callousness at the hands of two of the largest banks, Wells Fargo and Bank of America. For 14 months, The Grace Foundation has been shouldering the burden of what started out as 32, and turned out to be 45, horses after an exhausting and unnecessary round of foaling. On October 1st, the burden became too great and The Grace Foundation was forced to close its doors temporarily to all new animals and the 6000 children that benefit from Grace’s programs each year. Tomorrow, the banks and the representatives for the insurance company handling the banks’ attorney’s malpractice have agreed to meet for mediation in an attempt to resolve this mess. “I still hold out hope that when all parties get together and the facts are in front of them, that they’ll do the right thing. I want to believe that their actions will be made right,” says Beth DeCaprio. Families may find new places to volunteer, but the potential nightmare of this is the fate of animals with no other choice.

2 comments for “Californias Grace Foundation Rescue Faces Day of Judgement From Banks

  1. Janet Schultz
    November 5, 2012 at 5:20 pm

    Yeah, judgement is spelled “judgment.”

  2. Denise
    November 2, 2012 at 1:38 pm

    OK, I’m confused….

    Something ain’t right here.

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