Funds at the Foundation
In the past three years the Foundation has become home to many new funds... all of which will have a positive impact on the quality of life in our community forever.
With the growth in the number of funds at the Foundation, our asset base has also grown. Beginning with an initial base of slightly more than $30,000 in 1983 the asset base grew to $976,066 by December of 2002 and by 2007 had reached $1,593,694. The Foundation Endowment Funds are subject to the fluctuations of the market. Currently, the Foundation houses assets totalling nearly $2,000,000.
Already established funds include:
Community Fund
Established in 1983, this fund is comprised of donations large and small from many donors through the years. It is the primary source of funds for the annual community grants.
Within the community fund a number of families have chosen to have a named fund. The income from these funds are also directed towards community grants in accordance with the donor's instructions.
- Link Family Fund
- Graydon and Bell Baines Family Fund
- Kingsley and Madeline Mahon Family Fund
- Shannon Family Fund
- Stuart and Louise Sullivan Family Fund
- Jean and Harold Hunter Family Fund
- Douglas & Evelyn Barber Fund
- Catterson Family Fund
- Dick & Isabelle Ford Family Fund
- John & Barbara McNeil Fund
- Xanthopoulo Family Fund
- William and Barbara Palmer Family Fund
- Bob and Helen Noble Fund
- Director's Fund
- Tom and Maxine Kenny Family Fund * new in 10
- Cheryl and John DeGroot Family Fund * new in 10
- Earl McKeough Fund * new in 10
- David and Miriam Glew Fund * new in 11
- Fullerton Family Fund * new in 11
- Jeff Burchill and Anne West Family Fund * new in 11
- Gayle and Don Fysh Family Fund * new in 11
Donor Advised and Designated Funds
The donor advises the Foundation each year which organizations are to receive a grant from the income generated by their endowed funds. Donors may choose the recipient from grant applications received by the Foundation, give direction for continuing disbursements or make a charity of choice or work with the Foundation staff to make a decision on an annual basis.
- Rozema Family Fund
- Charles and Alexander Mackenzie Fund
- Hall Family Fund
- NOVA Chemicals Fund
- Grogan Family Fund
- Les & Deborah McDermott Fund
- E.C. Fleming Family Fund
- Gerry & Joanne Hines Family Fund
- Bernard and Maureen Wiechula Fund
- Sarnia Heavy Construction Fund
- Steeves and Rozema Fund * new in 10
- MOJEN Fund * new in 11
Field-of-Interest Funds
The donor defines the charitable field of interest to which the income from this fund will be directed. Funds have been established in the area of Children and Youth, Health, Education, Social Services, the Environment and Arts and Culture.
Education
Society of St Vincent de Paul/JJY Trades Scholarship
Children & Youth
- Botma Family Fund
- McKay Family Fund
- Ontario Endowment for Children and Youth
- Donald Steeves Family Fund
- Golden K 20th Anniversary Legacy Fund * new in 10
Healthcare
- Doc's on Ice Fund
- Dow President's Honour Club Fund
- Cardiac Rehabilitation Endowment
Environmental Fund
Donations to this fund have resulted in funding for a number of community projects including the One Tomato initiative
Arts & Culture
Social Services
- Dow Social Fund
Marceil Saddy Operating Fund
A gift to the Foundation from the late Marceil Saddy created the Operations fund. The income from this fund is used for the operation of the Foundation office thereby increasing the amount available for grants to the community from other funds.
Flow Through Funds
These funds are held by the Foundation for specific time limited projects and programmes in the community.
- Moffatt Scholarship Fund
- One Tomato Project Fund
- Charles and Alexander Mackenzie Family Fund
- Cardiac Rehabilitation Fund
- Sarnia Lambton Chamber of Commerce 100th Anniversary Legacy Scholarship Fund
- Dow Centre for Youth Fund
- Sarnia Connects Fund
- Society of St. Vincent de Paul Sarnia Lambton Particular Council Scholarship
Agency Endowment Funds
- YMCA of Sarnia Lambton Legacy Fund * new in 09
- Lambton Wildlife Land Stewardship Fund * new in 10
- Lawrence House Centre for the Arts Fund * new in 11
- The Inn of the Good Shepherd Fund * new in 11
Legacy Gifts
The Foundation is honoured to be the recipient of a number of planned legacy gifts from donors who intend to leave a portion of their estate to the community causes that inspired them during their life time.
This page was last modified: January 10, 2010