Columbia Basin Trust contributes $970,000 to grow permanent community endowments
Columbia Basin Trust is investing $970,000 in 17 permanent endowments held by 11 community foundations, helping ensure communities have reliable funding for local priorities for generations to come.
Community foundations use endowments to fund projects, programs and services in the region. This investment strengthens local funding systems and expands opportunities for communities to pursue their priorities.
“Endowments give communities lasting resources they can rely on,” said Katie Kendall, Senior Manager, Delivery of Benefits, Columbia Basin Trust. “By growing these permanent funds, we’re supporting local decision-making and helping ensure community priorities can be addressed not just today, but well into the future.”
Permanently invested, these funds generate annual grants that create stable, locally governed resources. Communities can use them to respond to changing needs, support resident-led initiatives, and invest in long-term well-being.
One recipient is the Golden and District Community Foundation.
“The Golden and District Community Foundation exists to connect local generosity with local need, ensuring resources stay in Golden and make a lasting difference,” said Rachel Gamble, Executive Director. “The Trust’s contribution strengthens our ability to respond to community priorities, support grassroots initiatives and invest in the long-term well-being of our area. We are grateful for partners like the Trust who help turn shared values into meaningful impact.”
The Trust is also contributing to the Slocan Valley Community Legacy Society, an affiliate of the Osprey Community Foundation.
“We’re celebrating our 15th anniversary this year and are thrilled to have reached our goal of building a $500,000 fund. This additional Trust contribution is icing on the cake,” said Dwayne Lau, Vice-Chair, Slocan Valley Community Legacy Society. “With more grant funding available each year, we can continue strengthening our long-term investment in our community.”
Columbia Basin Trust supports the efforts of the people in the Columbia Basin. To learn more about the Trust’s programs and initiatives, and how it helps deliver social, economic and environmental benefits to the Basin, visit ourtrust.org or call 1.800.505.8998.
