Calif. Fund’s Decision to Close Nursing Home Sparks Anger

The families of residents of the Motion Picture & Television Fund’s nursing home in Los Angeles are pressing the fund’s managers to explain why the are closing the facility after authorizing expensive bricks-and-mortar projects in recent years, the Los Angeles Times reports.

Citing a $10-million annual operating deficit, the fund, which provides services for retired entertainment-industry veterans, plans to shut down the facility by the end of the year and relocate about 100 elderly residents to other homes. Recent financial disclosures have shown that the fund authorized construction of new executive offices and a gym and aquatic center while it faced deepening fiscal problems.

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