Wood Buffalo Community Foundation launching June 8

(Fort McMurray, AB – June 5, 2017) The Wood Buffalo Community Foundation will launch on Thursday, June 8, 2017 with a free community event at Shell Place. Guests will have the opportunity to learn about the initiative and the role community foundations can play in the region.

Date: Thursday, June 8, 2017
Time: 6 to 8 p.m.
Location: Shell Place, 1 C.A. Knight Way, Fort McMurray
Register: Eventbrite.ca

There are 191 community foundations across Canada which have a total of $5.1 billion in assets. In 2015, community foundations granted $243 million to registered charities across the country.

“Wood Buffalo is joining this movement at an important time for this community,” said Maureen Cormier Jackson, Interim Chair of the Wood Buffalo Community Foundation. “It is a huge opportunity to leverage the many benefits of community foundations now when the region is in recovery and working towards long-term stability and sustainability.”

The Wood Buffalo Community Foundation is an exciting new part of the global movement of community foundations, which support many types of community projects and organizations in flexible ways by granting income earned on endowed funds. This funding will help to enhance overall quality of life by supporting community members working to improve the strength and resiliency of the region.

Wood Buffalo has strong social, health, educational, environmental and sport sectors, which require significant long-term funding support.

The Wood Buffalo Community Foundation is working to raise $10,000,000 in donations from current and past residents, business owners and companies who have made Wood Buffalo their home. Grant making has already begun and the inaugural grant recipients will be announced at the launch event. When the fundraising goal is met, the Wood Buffalo Community Foundation will be able to provide annual grant funding of $400,000 to community organizations. This fund will continue to grow over time.

Please join us to learn about this important initiative. The event is open to all who want to learn about the Wood Buffalo Community Foundation and the support it will bring to the region.

 

Contact:
Sarah Anderson

780.838.1601
media.wbcf@gmail.com

June 5, 2017 Inaugural Grants in Partnership with Community Foundations of Canada

On Thursday June 8, WBCF in partnership with Community Foundations of Canada will announce the recipients of the Canada’s 150 Fund grants to our community. Four projects will receive a total of $37,000 which is very exciting for our inaugural grant announcement upon joining this great movement of community foundations. Come back on June 9, 2017 to learn who the hard-working not-for- profit organizations are who are the beneficiaries of the Canada 150th Fund to celebrate the inclusion and diversity of our region. We are very excited to be part of the community foundations movement and demonstrate how powerful this is going to be our Wood Buffalo.

WBCF Launch Event

LAUNCH EVENT: JUNE 8  |  6:00-8:00 PM  |  SHELL PLACE

The Wood Buffalo Community Foundation (WBCF) is an exciting new part of the global movement of Community Foundations. Community Foundations support many types of community projects and organizations in flexible ways by granting income earned on endowed funds. Wood Buffalo has strong social, health, educational, environmental and sport sectors which require significant long term funding support, particularly with the economy tightening in the oil and gas sector in Alberta which has previously been a major source of funding.

Our goal for the Wood Buffalo Community Foundation Fund is to raise $10,000,000 through donations from current and past residents, business owners and companies who have made Fort McMurray home.

We also want to raise donations from people and businesses who have benefited from and support the need for a community foundation in our region. 

Our plan is to grant 4% of our investment which means that once we reach this goal $400,000 would be available annually for community grants. This would continue to grow over time which is extremely exciting for the registered charities in the region.

Wood Buffalo Community Foundation is hosting a Launch Event on Thursday June 8th from 6:00 – 8:00pm at Shell Place, MacDonald Island. Please join us to hear about this important initiative.

For more information, please contact Linda Ball, Interim Board of Directors, at linda.ball.pr@gmail.com

This is an open event. Please register at Eventbrite.ca