The group, which has raised about $250,000 in that time, will meet for the last time on February 3.
“It’s sad that after 21 years we are closing, but we are finishing on a high as our original objective to raise money for the Feros Village has been achieved,” president Nola Lake said.
“There are fewer members now to carry on the fundraising and we are all getting older.
“You have to remember that we are all 21 years older than when we started and there are some members in the group that are well into their 80s.”
Despite the closure of the group, some members will still carry on a number of services to residents including nail and hand massages and cooking.
Started in February 1988, Friends of Feros was established to raise money for the construction of the Feros Village in Byron Bay.
Fundraising is now also held for the Feros Village in Bangalow after it opened in 1997.
Nola was one of the original members of the group, which also included Audrey Tarilton, Daisy and Allan Dare, Jean Wright and Lorraine Pratt.
The group’s first fundraising event was a cent auction.
There were about 40 members, but this number has now dwindled to about 12.
The group has met every month for the past 21 years, and fundraising events have included cent auctions, fairs, street stalls, cake stalls and catering.
“At one fundraising event in the main street of Byron Bay, we had a coin trail which people were donating to that stretched for two kilometres,” Nola said.
“Back in the early days we were very successful as locals remembered the late George Feros, whose dream it was to start the Feros home.”
Feros Village in Byron Bay opened in June 1990, followed by Bangalow in 1997.
The Bangalow home was extended in 2003 and then again last year and now boasts 64 beds.
There are 40 residents at Feros Byron Bay.
“The money we have raised over the past 21 years has helped to provide comfort, safety and many interests to the residents,” Nola said.
“The group is very proud of its achievements. It’s been really good and very rewarding.
“It’s certainly sad to see it go, but we have all had the most amazing time.”
Update your news preferences and get the latest news delivered to your inbox.