New fund creation provides stability for the future

Finding the money for administration purposes is often a challenge for philanthropic organizations such as your Comox Valley Community Foundation (CVCF). Relying on special events to help raise these funds does not always ensure that the necessary funds will be available on an annual basis.

Ideally if there was a dedicated fund in place whose purpose was to provide a secure source of income, it would go a long way in helping to ensure the administrative side of the organization does not have to rely on these events or utilize funds that could be better used to support local organizations.

Realizing the importance of establishing such a fund, Marianne Muir, who has lived in the Valley since 1974 recently provided just over $20,000 in seed funding to establish the CVCF Sustainability Fund.

Having worked with a number of community organizations over the years, including the North Island College Foundation, Marianne said that as an organization grows it becomes increasingly difficult for volunteers to be able to manage the daily administrative activities.

“I also believe,” said Marianne, “that in order to be able to attract volunteers and allow board members to be able to focus on the aims of the Foundation, it is essential that the organization should feel secure in knowing that the business side of things will be taken care of in a professional manner. I hope that by establishing this fund, others will see the value of providing the CVCF with this much needed stability and will be able to add to it.”

This is not the first time Marianne has seen the value of donating to the CVCF. In 199, she established the George & Marianne Muir Fund to assist the community in making park and land stewardship improvements.

Currently the Comox Valley Community Foundation holds and administers over 70 individual charitable and pooled funds. Since 1998 the Foundation has disbursed over $1.2 million in grants to support local charitable organizations.

To find out more about the Comox Valley Community Foundation, the various funds and how you can help or add to Marianne’s donation, visit the Foundation’s website at www.cvcfoundation.org

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