Comox Valley Community Foundation has annouced the establishment of a new community legacy fund by First Credit Union for the Comox Valley.
The First Credit Union Fund forms part of the foundation’s permanently endowed Community Fund, through which it supports charities with annual grants to enrich the quality of life of the Comox Valley.
“At First Credit Union we believe that when our communities are strong, we all benefit,” said Craig Keeping, Comox Valley branch manager. “The Comox Valley Community Foundation works to ensure the long-term vitality of the community; with purposes and values that are so closely aligned, it makes sense for us to support the foundation as a community partner by setting up the First Credit Union Fund.”
Established in 1996, CVCF is an independent, philanthropic organization created by and for the residents of the Comox Valley. Donors have placed their trust in the foundation to invest in permanently endowment funds worth over $11.5 million. Earnings from these legacy gifts have resulted in more than $2 million granted back to the community over the past 20 years to help build a strong, vibrant, healthy and productive community.
Applications for the Community Enrichment Grants will open Aug. 4 and remain open until Oct. 31.