Friends of the Museum establish funds with QFC

Quesnel Community Foundation manages endowments and funds for non-profit groups

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The Quesnel Community Foundation and the Friends of the Quesnel Museum are pleased to announce that the Friends of the Quesnel Museum have donated $10,000 to the Community Foundation to establish the Friends of the Museum Agency Fund.  This fund creates an endowment for the Quesnel Museum. The income from the fund will be paid annually to the Friends of the Museum and will be used for exhibits, programs and special projects. Citizens wishing to help preserve Quesnel’s heritage may do so by making a donation to the Agency Fund. In particular, it provides an opportunity for community members to undertake legacy planning, to make a bequest in their will, or to make a donation in memory of a loved one.

The QCF has matched the Friends of the Museum initial investment of $10,000. As a result, the Fund is now at $20,000. An agency fund is a type of fund the Foundation can manage for other organizations, which allows donors to stay personally involved with the distribution of gift dollars, while the foundation deals with administrative duties and offers grant-making expertise.

As a charity, QCF was created to meet the community’s needs by growing and managing permanent investments. Our endowment totals more than $1,350,000.  The interest from these investments is provided as grants and scholarships to community groups each year.  Since 2002, we have awarded more than $220,100.

Through the generosity of anonymous donors, QCF is able to offer a special incentive to support the foundation.  Every gift received by Dec. 15 will be matched dollar for dollar, up to a total of $50,000.  With the donation from Friends of the Museum and other very generous donors, we have more than $30,000 but still have $20,000 to raise before the deadline. Now is the time to make a gift and take the opportunity to double your impact in your community. Last year, these anonymous donors promised $30,000 if we, as a community, donated the same amount.  Together, we topped that goal and with your help, we can do it again this year!

To make a donation, visit the website www.quesnelfoundation.ca and click on Donate NOW or mail your donation to Quesnel Community Foundation, Box 4158, Quesnel, B.C. V2J 3J2.

For information call Alex Coffey 250-992-5495, Dan Canuel 250-992-6392 or email qcf@shaw.ca

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