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Our Initial Endowment
Provided in Community Grant Assistance
We take our responsibility to manage the funds endowed to the Foundation very seriously. Our assets under management have grown from an initial endowment of $1,550 in 1989 to well over $3.7 million in 2022. The investment income from these funds has allowed the Foundation to provide more than $1.5 million in community grant assistance. Our investment approach is best described as prudent. We publish an annual report that includes our financial statements, which are prepared under a review engagement. We are proud that the Foundation is run almost entirely through the generous assistance of many friends and volunteers and a fully volunteer-based board. This ensures very careful stewardship of the funds entrusted to us and in turn, ensures the maximum impact of the funds donated.
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