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A Legacy for Our Future
Since 2001, the Golden & District Community Foundation has continually endeavoured to grow their permanent funds. After much fundraising, grant proposals, donor meetings and community support, almost $1.2 million in permanent funds has been amassed. Recently, while many foundations saw a dramatic decline in their equity-based assets, we have invested most of the Foundation’s funds in this community through the generous support of the Columbia Valley Credit Union. This decision has protected our principle and provided earnings to be granted in good times and in bad.
The Golden & District Community Foundation encourages the unique culture of our communities through our support of registered charities in the areas of recreation, arts, education, health, social services, heritage and environment.
As a charity that gives to other charities, we can work with donors to help imagine a future that is vibrant and confident. Donors can choose to contribute to the Community Endowment Fund, a pooled fund that will enable future generations of grant makers to benefit from the investment income.
Fund Balances (as of December 31, 2009)
| Community Endowment Funds |
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| Community Endowment Fund |
$293,696.10 |
| Bud Stewart Memorial |
$8,176.00 |
| Golden Log Truckers Association |
$69,966.00 |
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| Field of Interest Funds |
|
| Allen Williams Memorial - Search & Rescue |
$36,223.00 |
| C & E Parson Memorial - Historical Society |
$10,865.00 |
| Youth in Sports Fund |
$13,052.00 |
|
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| Golden Youth Opportunities Council Funds |
|
| Adventure Realm Canada |
$39,868.00 |
| Youth Advisory Council |
$7,897.00 |
|
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| Donor Advised Funds |
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| David Braul Memorial - Day Program & Golden Lions |
$21,640.00 |
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| GSS Scholarships & Bursaries |
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| Aman Virk Memorial Scholarship |
$21,656.00 |
| GSS Legacy |
$30,193.00
|
| Henry M. Durand Scholarship Trust |
$50,418.00 |
Future Contractors Scholarship
|
$5,500.00
|
| Eugene & Irene LaRue Memorial Trust |
$243,427.00 |
| Tera Jubinville Memorial - Legacy |
$15,177.00
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| Special Endowment Funds |
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| Mike McKnight Memorial Ski Industry Award |
$12,560.00 |
| Whitetooth Ski Society - Whitetooth Ski Program |
$335,452.00 |
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| Other Funds |
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| Administration |
$13,860.00 |
| Vancouver Foundation Investment |
$101,786.00 |
Total Funds
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$1,331,412.10 |
Donors may also choose to set up their own fund:
- Scholarship Fund
- Field of Interest Fund
- Charitable Organization Fund
- Family Fund
- Designated Fund
- Memorial Fund
- Donor Advised Fund
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