Press Release - April 22, 2024
MEDIA RELEASE
April 26 proclaimed Community Foundation Day in Manitoba
FOR IMMEDIATE RELEASE:
The Manitoba government has proclaimed April 26 as Community Foundation Day across the province. This proclamation recognizes the vital role that community foundations play in contributing to the well-being of Manitobans, and the generosity of our citizens.
“The Government of Manitoba values the crucial role that community foundations play in our province. Manitoba’s community foundations support a wide range of charitable organizations and projects that enrich the quality of life of people throughout the province,” says Municipal Relations Minister, the Honourable Andrew Smith.
Manitoba is home to 57 community foundations Manitoba – the most community foundations per capita in North America. Each community foundation supports its local community’s unique needs.
Community foundations are public charitable organizations that pool and permanently invest gifts (donations) entrusted to them. The interest earned is granted to local charitable organizations each year. Since the capital is never spent, these gifts support our communities forever.
“In the past ten years, the Lac du Bonnet and District Charitable Foundation has, through its annual granting process, invested a total of $241,435 into our community,” says Gary Rollins, President of the LDB Foundation. “Of that total, $135,985 came from earnings on the Foundation’s endowment funds while $105,450 came from programs the Foundation was able to access for our community as a result of our relationships with the Community Foundations of Canada and Endow Manitoba”
Manitoba is home to Canada’s first community foundation, The Winnipeg Foundation. Endow Manitoba, an initiative of The Winnipeg Foundation, supports our province’s community foundation network so it can have greater community impact.
The Manitoba government has supported the community foundation movement for many years, including through the Endow Manitoba Giving Challenge and Manitoba Heritage Trust Program, as well as by establishing an endowment fund to support the growth of our community foundations.
Our province’s thriving community foundation movement demonstrates the generosity of Manitobans and why the Fraser Institute’s Generosity Index consistently finds our province is the most generous in Canada.
The Lac du Bonnet Foundation wishes to acknowledge the generosity of its supporters and the many valuable initiatives that have been developed as a result of the granting process. A gift to the Foundation is truly an investment in the well-being and betterment of our community today, tomorrow, and always. For more information on the Lac du Bonnet and District Charitable Foundation, visit their website at www.lacdubonnetfoundation.ca
