With proceeds from the sale of their downtown Trail building, the Trail Knights of Pythias Society has donated $50,000 to the Le Roi Community Foundation, a foundation that supports charitable endeavours in Trail, Warfield, Rossland, Montrose, Fruitvale and Areas A and B.
“We are very pleased and so grateful to have received this extremely generous gift from the Knights of Pythias,” begins Jody Pistak, president/chair, Le Roi Community Foundation. “This $50,000 donation will go a long way to helping the Le Roi Foundation meet the requests we receive for grants in the community.”
By creating their own fund, the Society has directed the foundation to support two chosen charities: the KBRH Health Foundation and Sanctuary Pre-Teen Centre in downtown Trail.
“If people in the community would like to provide ongoing support to the Knights of Pythias, they can increase this fund through donations made directly to the Le Roi Foundation or via CanadaHelps.org,” explains Pistak.
Donations to the LeRoi Community Foundation are held in a permanent fund. Income generated from this investment is distributed as grants to registered Canadian charitable organizations whose projects meet the foundation’s goals.
Giving in perpetuity assures that funds donated will be around for generations to come.
Learn more at: leroifoundation.com.
A community foundation is a registered charity that pools large and small gifts and places them in a community endowment fund, the income from which is distributed in support of charitable causes.
The ultimate mission of a community foundation is to “enhance the quality of life in the community.”
There are three ways a community foundation can do this:
Effective grant-making: the most visible and well-known function of a community foundation is to make financial grants to local charities. Local volunteers evaluate funding applications and make decisions based on the needs of the community and funds available. Grants are made to a wide variety of sectors, from health to heritage, education to environment, and many others.
Endowment building and donor services: the perpetual nature of a community foundation, combined with its local focus, makes it an appealing place for donors who want to strengthen their community. A community foundation has the skills and tools to work with donors to help them achieve their charitable wishes.
Community leadership: as an autonomous, volunteer-driven, and locally focused organization, a community foundation can work with charities, local government and citizens to identify community needs and encourage collaboration and cooperation amongst stakeholders.
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