Foundation provides five grants

Terrace Community Foundation gives out $9,500 to aid community groups and projects

FIVE NON profit organizations have received $9,500 in grants from the Terrace Community Foundation which uses interest from investments and direct donations to aid community groups and projects.

Thirteen applications were received for consideration by the foundation’s board in this the foundation’s second distribution.

We will do this once a year and perhaps twice, but that depends on the interest we earn through our investments,” said foundation chair Joyce Gibson.

Our commitment is to provide $10,000 at least once a year.”

The foundation will help finance the purchase of assets but does not provide grants for salaries, travel, training and the like.

With a limited amount of funds available every cycle we take great care in choosing recipients who demonstrate a financial need and represent a broad range of interests in the community,” said Gibson.

The foundation was established by the City of Terrace with $50,000 in seed money then matched by the Northern Development Initiative Trust.

Its capital base now approaches $400,000 and is managed by the Prince George Foundation which does the same for community foundations of other smaller northern communities.

Distribution decisions remain with the local foundation but having its assets managed by a larger foundation maximizes interest earned and reduces expenses, explained Gibson.

The eventual goal is for the city to hand over its annual community grant-giving function, along with money, to the foundation to avoid having council members debate and decide who should receive support and who should not.

Gibson said the foundation was pleased with the 13 applications it received, adding that deciding on the recipients was difficult.

She said the foundation was particularly happy with the $500 grant for materials and supplies given to the Terrace Adult Autism Initiative, a new group which is planning a public awareness event in the spring.

The other recipients are the Terrace & District Community Services Society ($2,000 toward a wheel chair accessible swing), Terrace & District Museum Society ($2,000 to support summer museum workshop camps for young people), Terrace Hospice Society ($2,500 to support volunteer bereavement training) and Volunteer Terrace ($2,500 to support the publication of a seniors resource directory).

The wheel chair accessible swing to be purchased by the Terrace and District Community Services Society will be installed at the daycare centre located at Northwest Community College.

The daycare centre was once administered directly by the college and then by a society of parent volunteers, but now comes under the umbrella of the community services society.

Aside from grants given with interest earned from investments, the foundation will also accept direct donations from groups and individuals which it will then distribute immediately based on the wishes of the donors.

The foundation is also looking for volunteer directors and more information is available by contacting the foundation at terracecommunityfoundation@gmail.com.

Several large donations have added to the foundation’s capital base, including ones from LNG Canada, one of two planned LNG projects at Kitimat.

The Terrace Community Forest has also been a contributor.

Just Posted

Former resident wins filmmaking award

Veronika Kurz will be able to make her film with $15,000 cash and in-kind services, up to $100,000

Terrace River Kings win CIHL regular season

The boys held a strong enough lead in points to claim the banner after a 15-2 win Saturday

Terrace residents discuss poverty at provincial engagement meeting

80 people were there as well as the Minister of Social Development and Poverty Reduction

Shames Mountain named one of the world’s Top 10 ski resorts

The UK magazine listed Shames alongside Whistler and hills in Italy, Japan and Austria

Who wants to live here?

Northwest governments partner on marketing plan to attract workforce, residents

Senior randomly stabbed in B.C. mall food court

Woman arrested after victim, 71, suffers serious injuries

B.C. Liberal hopefuls begin final leadership push

Five MLAs, one outsider pitch policies to party members

Vancouver Island marijuana producer bought by Aphria in $230M deal

Aphria’s annual production forecast increases to 230,000 kgs

UPDATED: ‘Young, innocent’ teen hit during Vancouver shootout dies

15-year-old Coquitlam boy was in a car driving by the scene

Ontario man charged with selling Canadian’s usernames and passwords

Ontario man ran site that peddled billions of pieces of personal data: RCMP

Video: B.C. documentary features Okanagan ice climbing

First documentary for Penticton filmmaker captures elusive Okanagan ice climbing

David Emerson quits lumber talks as legal action begins

Former federal minister served as B.C. softwood trade point man

Singer of the Cranberries dead at 46

Her publicist says Dolores O’Riordan died suddenly Monday in London. The cause of death wasn’t immediately available.

Most Read