Emerging Endowment Funds
Tom & Deb Ackerman
Clarence & Johanna Arnoldussen
Richard & Denise Aucoin
Barbara Cavers
Provide a convenient method for people to build a fund over a number of years. When the fund matures at $10,000 the fund holder is able to designate how the income will be used to support the community.
Emerging Funds allow donors to gradually build named funds that would otherwise require an initial investment of $10,000. This option requires a first gift of $1,000, plus the donor's commitment to add steadily to their Fund until it reaches $10,000. The annual net income from an Emerging Fund is disbursed to charitable causes only when the Fund reaches $10,000.
When an emerging fund matures it can be named by the donor as any of the foundation fund types, designated or non-designated.
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Richard & Marianne Gray Family
Kevin & Trish Kindley
Mac & Barb Maclean
Douglas MacLeod
Tom & Lou McNab
Current Emerging Funds
Dr. Richard Aucoin and his wife Denise have put the concept of planning philanthropy "in the same way as you plan for retirement or your children's education" into practice by starting an Emerging Fund. The Aucoins liked the concept of permanent endowments and the Foundation's broad mandate and ability to touch a lot of people at a grassroots level. Read the Aucoins story ...
After giving to a variety of charities and causes in a "helter skelter manner" Walter & Laurie Montina with their grown children Michael & Christine were looking for a systematic way to give back to the community and decided to develop a plan. "An Emerging Fund with the Lethbridge Community Foundation is giving us a method to plan our contributions to our community," he said. "It is a way to make a meaningful difference." Read more of the Montina's story...
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Trish and Kevin Kindley decided to start an emerging fund after attending foundation dinners and seeing what a large impact the foundation has on the community. An emerging fund allows them to contribute to their community, and gives them a few years to build a fund and decide on a plan for the use of their fund. Read more of the Kindley family's story
Current Donor Stories
Updated September 2009
www.lethbridgecommunityfoundation.ca
403.328.5297 office@lethbridgecommunityfoundation.ca 404 8th St South
Dick & Mary Quon
Van Nistelrooy Family
Megan Yanosik
Anonymous [1]
