WELLINGTON, FL (March 31, 2015) – Supporters of the Boys & Girls Clubs of Palm Beach County gathered at an intimate luncheon on March 27 at the Neil S. Hirsch Club in Wellington to learn more about the organization’s new endowment fund at the Community Foundation for Palm Beach & Martin Counties. This endowment is a permanent, self-sustaining source of funding that will support the nonprofit’s services, forever.
“Our endowment fund will ensure that we will always be able to assist the children in Palm Beach County who need us most,” said President and CEO Jaene Miranda. “We chose to partner with the Community Foundation on this initiative because of their investment expertise and community leadership. We hope that our supporters will help us grow this endowment so that we can continue to do more in the future.”
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 these funds and, like a community savings account, this permanent pool of assets generates income and grows over time.
Some of the guests in attendance at the luncheon were Brad Hurlburt, president and CEO of the Community Foundation; Doug Stockham, Community Foundation board member; Helen Andrews; Pete Calhoun; Julie and John Kime; and Robert Dunkin, Foundation chairman of the Boys & Girls Clubs. After the luncheon, guests took at tour of the Wellington facility.
Founded in 1971, the Boys & Girls Clubs of Palm Beach County is a not-for profit youth development organization dedicated to promoting the educational, vocational, health leadership and character of boys and girls in a safe, nurturing environment. The Clubs provide more than a safe, fun and constructive alternative to being home alone – they offer a variety of award-winning developmental programs to help youth build skills, self-esteem and values during critical periods of growth. The 13 Boys & Girls Clubs throughout Palm Beach County serve more than 6,000 children ages 6-18. For more information, please visit www.bgcpbc.org or call 561-683-3287.
For more information about the Community Foundation or agency endowment funds, visit www.yourcommunityfoundation.org.