A Promise Forever To Help Animals -- Peggy Adams Animal Rescue League Establishes an Endowment Fund

WEST PALM BEACH, FL (October 30, 2013) --- During 2012, Peggy Adams Animal Rescue League helped nearly 24,000 dogs, cats, kittens and puppies; including sheltering over 4,000 injured and homeless animals; placing over 3,200 animals in loving homes; and giving nearly 17,000 animals medical services. And that was in just one year.  Multiple those numbers by 87 years and you will understand the impact Peggy Adams Animal Rescue League has had on countless animals in Palm Beach County.

Knowing that there will always be the need to help animals, Peggy Adams Animal Rescue League took a big step to ensure the cause they care so deeply about will be sustained. In August, they established a new agency endowment fund at the Community Foundation for Palm Beach and Martin Counties. Their fund – The Peggy Adams Animal Rescue League Endowment Fund – is a permanent, self-sustaining source of funding that will support all the services they provide to animals, forever.

“We are excited to be partnering with the Community Foundation in creating this permanent fund for the benefit of the animals of Palm Beach County,” says Rich Anderson, the League’s Executive Director and CEO.  “Peggy Adams Animal Rescue League has been committed to the welfare of our community’s pets for nearly 90 years and we are committed to always being here for them. This new endowment fund will give members of the community an opportunity to help make that possible.”

Agency endowment funds provide a stable, predictable source of income for nonprofit organizations and are a testament to the organization’s plan to sustain their future.  The Community Foundation manages funds permanently endowed by donors for the benefit of a specific charitable cause.  In the case of agency endowments, the cause is the organization itself.  This permanent pool of assets generates incomes and grows over time, and similar to a personal savings, can provide a relative source of income.

“Establishing an endowment with the Community Foundation for Palm Beach and Martin Counties will help ensure Peggy Adams Animal Rescue League’s ability to serve the community well into the future. We are thrilled to partner with such a well-respected and effective organization that has served our area since 1925,” comments Brad Hurlburt, President of the Community Foundation for Palm Beach and Martin Counties.

For information on making a donation to the Peggy Adams Animal Rescue League Endowment Fund, please contact Ken Okel at Peggy Adams Animal Rescue League at 561-472-8845 or k.okel@peggyadams.org.


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About Peggy Adams Animal Rescue League
Peggy Adams Animal Rescue League’s mission is to provide shelter to lost, homeless, and unwanted animals; to furnish medical and other services for the care of companion animals; to care for, protect, and find quality homes for homeless and neglected animals; to advocate animal welfare, community involvement and education to further the bond between people and animals, for the mutual benefit of both. In 2012, we provided services to more than 20,000 animals. For more information, visit www.PeggyAdams.org.

About the Community Foundation for Palm Beach and Martin Counties
As one of Florida’s largest community foundations, the Community Foundation works for Palm Beach and Martin Counties in multiple ways, playing multiple roles.  The Foundation offers donors an effective way to manage giving by providing philanthropic advice, community knowledge and charitable services. For the community, the Foundation serves as a grant maker and a civic leader and awards grants to the region’s nonprofits to help meet community needs, fulfill donors’ philanthropic wishes and strengthen the nonprofit sector. Founded in 1972, the Foundation has t

 

otal assets of more than $151 million and has awarded over $100 million in grants and scholarships in Palm Beach and Martin Counties. For more information, please visit www.yourcommunityfoundation.org.

 

Contact:

Jennifer Sullivan, Director of Marketing & Communications
Community Foundation for Palm Beach and Martin Counties
jsullivan@cfpbmc.org; (561) 340-4510
 

 

 

 


 


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