Community Foundation taking shape in Northumberland County
NORTHUMBERLAND -- Interest is being gauged and information provided to people about creating a new county community foundation at a meeting this month.
Asked about the foundation, described as supporting Northumberland County's mission to "foster a vibrant and thriving" county, spokesperson Nicole Beatty explained the overall goal in an interview with Northumberland Today.
"The Northumberland County Community Foundation is currently in concept development; however, the intended purpose of the foundation will be to help individual donors and local businesses pursue their community-giving goals while building philanthropic capacity for Northumberland-based charities."
Beatty also outlined the specifics.
- "If established, the Northumberland County Community Foundation would aim to:
- create a community endowment fund to benefit Northumberland charities;
- establish Donor Advised Funds for local philanthropists; and
- co-ordinate charitable giving across the County."
Beatty said that she is pursuing the idea as a community volunteer and there are "no paid positions at this time."
She explains that she will act as a facilitator at the information meeting, and that she is involved in a variety of non-profit organizations and charities in the county.
Speakers scheduled for the public meeting include members of the Greater Peterborough Community Foundation, its executive director, John Good, plus its founding chair and Community Foundations of Canada board director, Bill Lockington.
There is a cross-Canada movement under the national umbrella of the Community Foundation Movement with 191 community foundations collectively holding assets of more than $4.8-billion, while putting "hundreds of millions back into communities," a media release states.
The organization is over 90 years old, it also states.
"The CFC website, www.communityfoundations.ca, further describes this as follows: 'Our unprecedented scope means we can pool all forms of capital together giving us greater access to information and opportunities for impact than we could ever achieve alone'," the local media release about the Oct. 23 meeting states.
Beatty says the first step is to "evaluate interest and feasibility, as well as to recruit a founding Board of Directors" and to register as a "charitable organization/public foundation with the Canada Revenue Agency."
The community information session will be held from 6 p.m. to 7:30 p.m. at the Cobourg Loft at 201 Division St., Cobourg.