The LeRoi Community Foundation
The LeRoi Foundation is a non-profit organization dedicated to the betterment of the Greater Trail area through an extensive network of donors and cooperations.
Community foundations have, at the heart of their mission, the goal of serving donors and promoting philanthropy and the LeRoi Community Foundation is no exception. We are eager to hear from both donors and potential recipients around how we can best serve the communities we work, live and play in.
New Black Jack legacy and music scholarship offer long-term vision
Ask and you shall receive.
That was definitely the case for Wannes Luppens, former Black Jack Ski Club president.
Luppens has accepted an executive director position with Cross Country BC but didn’t leave for Vernon without one last-ditch effort to give back to the local cross-country ski community.
He has set up the Black Jack Ski Club Legacy, which started with his $500 donation but quickly reached the minimal $10,000 level needed to create the fund under the LeRoi Community Foundation.
The endowed fund ensures donations stay to be invested and then a portion of the earnings from the investment are earmarked for the club.
“Just imagine if a Black Jack fund had been set up 20 or 30 years ago, how the club would be benefiting today,” Luppens wrote to the club.
“Each year the (executive) would prioritize spending the annual proceeds from the fund, but it could support various initiatives such as new grooming equipment, new and improved trails, the kids’ Skill Development Program, a new warming cabin and more.”
The only catch, he said, was the initial $10,000 investment, which was made possible with contributions from about 20 donors. The fund has now swelled to approximately $12,000 but isn’t expected to stop there.
“Ethan Meginnes and Alexandra Loeb have generously decided to match the next $5,000 worth of donations received before the end of 2015,” he continued. “They are doing so in recognition of Ritchie and Audrey Mann’s decades-long contribution to helping Black Jack get to where it is today, and also in memory of Audrey, who passed away recently. ”
Funds like this have long-term vision, explained Louise McEwan, president and chairperson of the foundation.
“What community foundations do, which is really different from other foundations, is we build endowed funds,” she said. “We receive donations with the idea that that money, the capital, stays invested forever and as funds grow they provide money for granting within the community.”
The new fund is one of 13 that the foundation manages. The announcement is shared with the addition of a new scholarship, the Harold Fishwick Memorial Scholarship.
The Grade 12 student selected for the $1,250 toward continuing post-secondary education had to be involved in a recognized music program, with preference given to the Trail and District After School Music Program run by Terry Moon out of the Alliance Church.
Ben Kanda remembers stepping through a “haze of emotion” when he took to the graduation stage but his path became clearer when his name was called, along with the announcement of the scholarship.
The 17-year-old will be studying music at Trinity Western University come fall.
The new scholarship is one of two set up by donor Peter Fishwick of Trail, who wanted to honour his late father, Harold Fishwick, the same way he did his brother when he set up the Howie Fishwick Memorial Scholarship a few years ago.
Peter’s parents died in a motor vehicle accident in the early 70s and his brother never quite recovered from the loss. Howie had barely taken a pension when he passed away at 57 years old.
“During the war, (Dad) was in the RCA Band (The Royal Canadian Artillery Band). He played the clarinet,” he told the Times.
He moved to Trail after the war and went onto to play with the Maple Leaf Band.
“Terry’s program is such a good program and I’m really keen on supporting it,” Peter said. “It’s definitely therapeutic (to give back). It’s made me feel a lot better about myself and everything.”
The foundation provided him a way of honouring his family’s name all while providing some closure to a traumatic experience.
The LeRoi Community Foundation is a non-profit organization dedicated to the betterment of the Greater Trail area through an extensive network of donors and corporations.
For more information visit, leroifoundation.com
Congratulations to Ben Kanda, the first recipient of the Harold Fishwick Memorial Scholarship. The scholarship is awarded to a student in their graduating year who is part of a recognized music program, and who has demonstrated leadership capabilities. Preference is given to students in the Greater Trail After School Music Program.
We are pleased to announce the creation of the “Black Jack Ski Club Legacy Fund”. The Fund is designated for the Black Jack Ski Club, and as it grows over the years, will provide the Club with a stream of income for projects. This is an open fund to which anyone is welcome to donate, and from now until the end of 2015, a generous donor has agreed to match donations to the $5000 mark!
For more information on the Club, please visit http://www.skiblackjack.ca/home
For specifics on the Fund, please see http://www.skiblackjack.ca/news/announcing-black-jack-ski-club-legacy-fund-including-5000-matching-donation.
For information on how to donate, visit Donating to the LCF at http://leroifoundation.com/wordpress/?page_id=442
Treasurer Dr. Peter Morgenthaler (left) and Secretary Laura Laratta (far right) pose with grant recipients. All grants were made possible by the Kootenay Savings Community Fund.
Organizations receiving grants and their projects are:
Scouts Canada (1st Warfield Cubs and Scouts): Cub Car Track
Trail and District Public Library: Summer Reading Program
Wildsight: Education in the Wild Outdoor Classroom
Cross Country Ski Canada (Black Jack Ski Club) : New Snowcat
Generation to Generation Society : Red Roof Duathalon
Greater Trail Community Skills Center : Celebrating Inspirational Women Mural
Trail Historical Society: 2016 Trail Historical Society Calendar
We are pleased to announce the Spring 2015 Grant Cycle. To obtain a Letter of Interest (LOI) form with Guidelines for Grant Seekers, please click on the “Grants” link in the sidebar. Applications for grants close March 20, 2015.
Please join us for our Annual General Meeting on March 10, 2015 at 7:00 PM in the downstairs boardroom at Coldwell Banker, 1252 Bay Avenue, Trail BC. We will present our 2014 Annual Report and elect directors.
The annual membership fee to join LCF is $20.00. Please consider becoming a member. If you are unable to attend the AGM, and wish to support LCF as a member, membership fees may be mailed to:
LeRoi Community Foundation, 1252 Bay Avenue, Trail BC V1R 4A6 Attention: Peter Morgenthaler
There are different ways to give to your local community through donations to the LeRoi Community Foundation. From named funds to occasional donations of any size, we would love to be your charity of choice.
LCF builds permanently endowed funds, and there are a variety of ways for donors to set up an endowed fund. We’d be happy to discuss your philanthropic goals with you and get the ball rolling to create your named fund.
Types of Funds
Any of the funds below can be established in your name, or in the name of your family, your organization, or anyone you wish to honor. All grants distributed from your fund – today and in the future – are then awarded to charities in the name of your fund. It’s a great way to always be involved with, and remembered for, your community investment.
The minimum amount to establish a named fund with the LCF is $10,000. An named fund can be established with an initial donation of $10,000, or, if you prefer, you can spread that out over a three year period. You begin with an initial donation of $5000 and contribute the remaining $5000 over the next two years.
Five great giving options. Choose the one that’s right for you.
Unrestricted Funds. You can use your gift to meet ever-changing community needs – including future needs that often cannot be anticipated at the time your gift is made. We evaluate all aspects of community well-being – arts and culture, education, environment, health and social services, youth, and more. The flexibility of your unrestricted gift makes it possible to respond to the community’s most pressing needs, today and tomorrow.
Field of Interest Funds. You can target your gift to address needs in an important area of community life. The arts. AIDS. Aging. At-risk youth. You identify your personal interest area when making your gift; our board awards grants to community groups and programs that are making a difference in the area you select.
Designated Funds. You can direct your gift to a specific charity or issue area. Help provide ongoing funding for a senior centre, museum, your church, or virtually any nonprofit charitable organization. You identify the recipient you wish to benefit through your gift; our staff manages the annual distribution of funds.
Donor Advised Funds. You can have ongoing involvement in the use of your gift. You work with our professional grantmaking staff, identifying ways to use dollars from your Donor Advised Fund to address the issues and needs you care about most. Your recommendations are submitted to our board for approval; we then distribute grant dollars.
Agency Endowment Funds. An attractive option for local charities that currently manage, or are interested in establishing their own endowment fund. An Agency Endowment Fund through your local community foundation makes it easy and efficient to create and manage a permanent endowment for your organization. You build the fund. We take care of the rest.
Our post on planned giving includes a downloadable power point presentation on the benefits of gifting life insurance to charity.
The Kootenay Savings Community Foundation recently announced a total donation of $50,000 to be shared amongst eight local foundations in the Kootenay Savings Credit Union service area, as well as $65,000 in grants to other community groups.
Below, Louise McEwan, chair of the Le Roi CF board of directors accepts a $14,070 donation from members of Kootenay Savings Credit Union corporate office, representing the KSCF. The funds will be used for granting in 2015.
Thank you for your generosity, KSCF!
On December 9, the Foundation was pleased to award the Fall 2014 Grants.
Listed below are the grant recipients and their project titles, as well as the endowed funds that made the grants possible.
- Columbia Basin Alliance for Literacy
- “Parents as Literary Supporters Program”
- William Exner Memorial Fund; Kootenay Savings Community Fund
- Greater Trail Hospice Society
- “End of Life Workshop” and “Living with Grief Program”
- Edie and Tom McEwan Endowment; Kootenay Savings Community Fund
- VISAC Gallery for Rossland Council for Arts and Culture
- “Random Acts of Culture” (Temporary Exhibit)
- Nelson District Credit Union – Rossland Branch Fund; Kootenay Savings Community Fund
- Saint Michael’s Catholic School
- “Ready Bodies, Learning Minds”
- Sheila Rogers and Una ffrench Endowment; Kootenay Savings Community Fund
- Special Olympics BC for Trail Branch
- “Equipment upgrade”
- Harry Stanton Endowment; BC Games Sports Legacy Fund; Kootenay Savings Community Fund
- Cross-Country Ski Canada for Black Jack Cross Country Ski Club
- “Skier Development Cargo Trailer”
- Columbia Basin Trust Endowment; Kootenay Savings Community Fund
- Rossland Light Opera Players
- “Wireless microphones”
- Nelson District Credit Union – Rossland Branch Fund; Kootenay Savings Community Fund
Local financial advisers provided information on some of the various ways that donors can give to charities. Some ways for donors to leave a legacy to a charity include gifts of cash, stocks, bonds,valuable art, real estate, and life insurance. Click here for Charitable donations 2014, a power point presentation for more information on donating insurance.
The Le Roi Foundation welcomes discussions with potential donors. We can help you make your philanthropic goals a reality. If you are interested in leaving a legacy in your community through the Foundation, please talk to us and seek advice from your trusted professional advisors.