Rural Com­mu­nity Fund of Forty Mile re­ceives its first do­na­tion

Prairie Post (East Edition) - - Foremost - CON­TRIBUTED

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.

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