Glenboro & Area Foundation Inc.
Glenboro Manitoba
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Home of "SARA " the camel |
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Who to contact with questions: HOME Business SCHOOL Community Location |
"Give the Gift That Keeps On Giving" * A way to say Thank You for the past, and a means of sharing in the future of Glenboro and Area.* THE FOUNDATION: The Glenboro and Area Foundation Inc. is a registered community fund established in 1987 to support education and health, recreation and culture, agriculture and religion, for all ages in Glenboro and area. VISION: The Glenboro Area Foundation Inc. strives to be a community leader, promoting philanthropy, benefiting our community with grants now and in the future - the best choice for those wishing to leave a permanent legacy to our community. MISSION: The mission of Glenboro Area Foundation Inc. is to work together to build a permanent endowment fund, using the earnings to enrich the quality of life in our area. THE ENDOWMENT FUND: The Endowment Fund, made up of designated and undesignated monies, is a permanent pool of capital made up of donations and bequests, carefully invested to provide the best possible interest which in turn is awarded annually back into the community. In 1998 the Glenboro Foundation entered into an agreement with The Winnipeg Foundation whereby the contributions to the endowment funds of The Glenboro Area Foundation Inc. were transferred to The Winnipeg Foundation. The Winnipeg Foundation will hold and invest the monies on behalf of The Glenboro Area Foundation Inc. and will provide endowment income to support the community of the Glenboro area. There are five endowment funds – The Community Fund, The Health Care Fund, The John & Vesta Scott Memorial Fund, The Stewart & Eva Hamilton Memeorial Fund and The Community Education Fund. THE ADMINISTRATION: The Foundation is administered by a Board of Directors made up of the Mayor and one councillor of the Village of Glenboro, the Reeve and one councillor of the R.M. of South Cypress, as well as five appointed members and the Secretary-Treasurer. All Board positions are voluntary. The Board meets at least three times a year at the call of the chairman. Current Board members are: Agnes Witherspoon, chairman, 827-2715,
wiaggl@mts.net THE MONEY: The money invested in the Fund is never spent. Only the interest earned by the investments is available for disbursement. A donation to the fund in an investment in the future of the community. ANNUAL REPORT
- Spring 2008 . A GIFT TO THE FUND: A Gift to the Endowment Fund can be made in the form of cash, property, insurance or bequests from grateful citizens who wish to leave something permanent with the community that has been good to them. Why not consider – * a gift of money * a bequest in a will * a gift of life insurance by naming the Foundation as beneficiary * a gift in memory of a relative or friend * a multi year pledge * a gift in the family name Cheques should be made payable to: Glenboro Area Foundation Inc. A tax receipt will be issued. Inquiries should be directed to the above address, or via e-mail to Agnes Witherspoon (wiaggle@mts.net) or the Secretary-Treasurers Lorelie Mitchell (lorelie@mts.net) or Roy Wallis (roywallis@wallisagencies.com). Annual Grants: The Glenboro Foundation Inc. considers applications for grants for distribution to qualifying Community Groups and/or Organizations from the Community Fund and the Health Care Fund each year. All monies (except the two Memorial Funds) must be applied for. Deadline for application is December 31st of each year with the funds distributed the following March. Groups and/or organizations promoting health, youth, education, social services, seniors' programs, recreation and religion may apply. Application forms are available at Wallis Agencies, Glenboro. Completed forms, including a recent financial statement must be mailed to: Glenboro Area Foundation Inc., Box 147, Glenboro, MB, R0K 0X0, envelopes to be marked - "Grant Application". Further information may be received from any Board member. The Community Education Scholarships are awarded annually at The Glenboro School Graduation Exercises with applications made at the school in the Spring. |
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This is the official site for Glenboro, Manitoba. |