Foundation creates new fund to assist local charities
Even though the Smithville & District Lions Club recently disbanded, one of the community projects that they supported for many years will not be short-changed. When the Club wrapped up its operations it had just over $10,000 in the bank. Since the Lions were big supporters of West Lincoln Community Care, they wanted to find a way to continue their support while at the same time honour the work that their club had undertaken in their community. The solution was to turn to the Niagara Community Foundation.
At a cheque presentation on Sept. 24th, former members of the Club were on hand with representatives of the food bank to make a donation of $10,575 to the Niagara Community Foundation to create the Smithville & District Lions Club Fund, an endowment fund that will annually fund a grant to West Lincoln Community Care. The initial gift will be held in perpetuity with a portion of the annual earnings funding the grant.
“This is a positive resolution to a very difficult year for members of the Lions Club,” said Liz Palmieri, Executive Director of the Foundation. “The annual grant to West Lincoln Community Care will continue in perpetuity and will honour the role and contribution of the Smithville & District Lions Club to their community.”
Created in 2000 the Niagara Community Foundation has raised more than $14 million in endowment funds and has granted in excess of $4 million to charities working in the arts, heritage, environment, social services, health, education and community development.