THE
PORTAGE REGIONAL ENDOWMENT FUNDTHE PORTAGE
REGIONAL ENDOWMENT FUND IS PART OF THE COMMUNITY FOUNDATION PROGRAM THAT
SERVES BEDFORD, CAMBRIA & SOMERSET COUNTIES. THE COMMUNITY FOUNDATION,
ESTABLISHED IN 1990, IS A NON-PROFIT PUBLIC ENDOWMENT. THE MISSION IS TO
GATHER PERMANENT ENDOWMENT FUNDS BY PROVIDING AN ONGOING FLEXIBLE, AND
EFFECTIVE MEANS FOR DONORS TO IMPROVE THEIR COMMUNITY WHILE MEETING THEIR
PHILANTHROPIC GOALS. THE INTEREST EARNED ON THE ENDOWMENTS IS USED AS GRANTS
TO REGIONAL NON-PROFITS FOR PROGRAMS IN THE EDUCATION, ARTS, CHILDREN &
FAMILY SERVICES, HEALTH CARE, THE ENVIRONMENT AND OTHER AREAS THAT IMPROVE
THE QUALITY OF LIFE FOR ALL RESIDENTS OF OUR REGION.
THE COMMUNITY FOUNDATION ACTS AS AN UMBRELLA FOR THE
VARIED INTERESTS OF OUR DONORS. THE ESTABLISHMENT OF THE PORTAGE REGIONAL
ENDOWMENT AND THE CREATION OF AN ADVISORY BOARD, MADE UP OF INDIVIDUALS
LIVING AND WORKING IN THE PORTAGE AREA, WILL CONTINUOUSLY ASSESS THE
CHANGING NEEDS OF THE COMMUNITY AND MAKE RECOMMENDATIONS TO THE FOUNDATION
AS TO THE APPROPRIATE DISTRIBUTION OF FUNDS IN OUR AREA.
AS CONTRIBUTIONS ARE MADE TO THE FUND, THE INTEREST
EARNINGS GROW AND ALLOW FOR MORE MONEY TO BE RETURNED TO OUR COMMUNITY. A
GIFT TO SUPPORT A COMMON ENDOWMENT FOR A GEOGRAPHIC REGION MAY BE MADE AT
ANY TIME AND IN ANY AMOUNT.
THE COMMUNITY FOUNDATION WELCOMES ANY CONTRIBUTION TO
THE PORTAGE REGIONAL ENDOWMENT, BUT ALSO RECOGNIZES THAT SOME DONORS MAY
WANT TO ESTABLISH A PERMANENT FUND IN HONOR OR MEMORY OF A FRIEND OR
FAMILY MEMBER THAT WILL ALSO BENEFIT THE PORTAGE REGION. THE FOUNDATION CAN
WORK WITH DONORS TO ESTABLISH A SCHOLARSHIP FUND FOR PORTAGE HIGH SCHOOL
STUDENTS OR BROAD TOPICAL CATEGORIES SUCH AS CHILDREN'S OR CULTURAL SERVICES
AND PROGRAMS IN OUR COMMUNITY.
ONE WAY MANY DONORS FEEL ABLE TO MAKE A CONTRIBUTION TO
THEIR COMMUNITY'S FUTURE IS THROUGH A BEQUEST IN THEIR WILL. A SINGLE GIFT
CAN HAVE A DRAMATIC IMPACT ON OUR COMMUNITIES FOR GENERATIONS TO COME. YOUR
COMMUNITY FOUNDATION HAS BEEN AND WILL CONTINUE TO A PART OF THAT ONGOING
PROCESS TO PROVIDE A MEANS OF GIVING BACK TO THE PORTAGE REGION THAT HAS
GIVEN US SO MUCH.
IF YOU HAVE AN INTEREST IN INVESTING IN OUR REGION, FOR
TODAY AND TOMORROW AND WOULD LIKE MORE INFORMATION ON AVAILABLE OPTIONS,
PLEASE CONTACT THE FOUNDATION OFFICE; 116 MARKET STREET, SUITE 4,
JOHNSTOWN, PA. 15901. PHONE (814) 536-7741 OR CONTACT THE PORTAGE REGIONAL
ENDOWMENT FUND AT LINDMIK@HOTMAIL.COM.
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