Rural Community Fund of Forty Mile receives its first donation

The Community Foundation of Southeastern Alberta is excited to announce an agreement has been signed, establishing the Rural Community Fund of Forty Mile. The fund will encourage residents to give where they live.

The Rural Community Fund of Forty Mile received its first donation! To mark the occasion, an agreement was signed by the fund’s advisory committee and the Community Foundation of Southeastern Alberta, establishing the Rural Community Fund of Forty Mile. The Foremost Community Transporters Association’s donation to the fund, as well as, all future donations will support the charitable needs of the region.

“It is spring time, and we are officially growing! A big thank you to the Foremost Community Transporters Association for getting this started,” says Clint Thacker, chair of the Rural Community Fund of Forty Mile’s advisory committee. “The future is very exciting!”

All donations to the fund are never spent, but invested with a professional investment manager. The investment income will be used to support the areas’ charitable needs through a grant process and recommendations by the advisory committee. The Rural Community Fund of Forty Mile allows people to give where they live, benefitting the region they call home.

The Community Foundation maximizes its generosity by pooling donations and gifting the investment income to all our local charities. The Community Foundation of Southeastern Alberta (CFSEA) is a non-profit, registered charity, governed by a volunteer board of directors. Our mission is three-fold:

CFSEA engage donors to build permanently endowed funds that are prudently invested for the long-term benefit of Southeastern Alberta. Our donors’ initial gifts are never spent and provide a continuous stream of charitable revenue for worthy causes.

They focus on connecting donors’ philanthropic goals with charitable organizations to build long term sustainability in all facets of the community including; human services, health, education, justice, environment, arts, culture, recreation and community development.

They listen and gather information, so as a region we are best able to help create vibrant, healthy, caring communities. Through education and insight, we provide opportunities for collaboration, engagement and impact on current and emerging issues across the region.