Endowed

Endowed funds are made up of gifts and bequests that are subject to a requirement that the principal be maintained intact in perpetuity and invested to create a source of continuous income. Donors may set up an endowment to fund a specific interest or program.

The power of an endowment is in its continuity. Your gift is preserved in perpetuity, with the funds pooled for maximum benefit and invested to achieve long-term capital growth. Endowed gifts become a part of The Community Foundation’s permanent endowment, meaning they will benefit our community forever!

Currently the Foundation has the following endowed funds:

Coastal Community Endowment – This fund supports a broad range of identified community needs in the annual grant cycle. It is funded through individual gifts and through a 1% contribution from gifts to Donor Advised Funds.

Early Childhood Literacy Endowment - Recognizing that literacy is simply the very best investment in a community’s quality of life and economic development that one can make, this fund supports efforts in Coastal Georgia to ensure that children are ready to read and ready to succeed when they enter kindergarten. Grants will be made for programs that foster and encourage early education and literacy efforts for those from birth through age five.

The Mildred Huie/Mildred Huie Wilcox Endowment for the Arts and Culture – This fund supports quality visual, musical and performing arts and cultural and historical programming.

Coastal Counseling Center Endowed Fund - This designated fund supports Coastal Counseling Center in Camden county with the mission to promote hope, help and healing through counseling in a professional, community-based caring environment for persons who are unable to afford mental health counseling.

Raymond & Elizabeth Baumel and Abernathy Fund for Animal Welfare – This fund supports the care and sheltering of stray and unwanted dogs in Glynn county.

Derlie Bland Rectanus & Vice Admiral Earl Rectanus Children’s Reading Room & Garden Fund – This fund provides for the needs of the Derlie Bland children’s room and adjoining garden at the Appling County Public Library.

The Halsey Family Scholarship Fund – The fund supports graduating seniors from Camden County High School who are attending a regionally accredited college or university with plans to complete an undergraduate degree in the biological or physical sciences.

Read: Power of Endowment