The Lucknow Sentinel, 2015-04-15, Page 1010 Lucknow Sentinel • Wednesday, April 15, 2015
Submitted
Heritage Canada has contributed $37,000 to the Summerfolk Endowment Fund after Community Foundation of Grey
Bruce and Georgain Bay Folk Society partnered to apply to the Federal Government's Endowment Inceintive Program.
From left: Don Miller, Secretary, Georgian Bay Folk Society; Kim West, Chair, Community Foundation Grey Bruce; Larry
Miller, MP Bruce -Grey -Owen Sound; Aly Boltman Executive Director, Community Foundation Grey Bruce; Phil Bye,
President, Georgian Bay Folk Society.
OPE; IOUSE
1
Join Robert's Farm Equipment on
Saturday, April 18th at our Lucknow
location for an open house featuring
Kubota and Cub Cadet.
loam to 2pm
36469 Amberley Road
519-529-7995
Hot lunch provided
Boost for the Georgian Bay Folk Society's
Endowment Fund from Heritage Canada
Community
Foundation Grey
Bruce
Submitted
Owen Sound - The Community
Foundation of Grey Bruce in part-
nership with Georgian Bay Folk
Society is thrilled to announce that
its application to the Federal Gov-
ernment's Endowment Incentive
Program was successful. Heritage
Canada has contributed $37,000 in
matched funding to the Summer -
folk Endowment Fund held by
Georgian Bay Folk Society.
"The Georgian Bay Folk Society
is pleased to have the opportunity
to grow its endowment through the
Department of Canadian Herit-
age's Cultural Investment Fund via
an application submitted by Com-
munity Foundation Grey Bruce.
This three-way partnership will
ensure that this community
remains a vibrant hub for music
and the performing arts through
the annual Summerfolk Music &
Crafts Festival and its additional
roster of year-round arts presenta-
tions" says GBFS President, Phil
Bye.
"I was excited to discover that
this matched funding initiative
could benefit a number of Grey
Bruce performing arts organiza-
tions through this dollar -to -dollar
Federal matching up to 20 million
dollars. The Georgian Bay Folk
Society is the first arts presenter to
have pursued this funding incen-
tive, which has come at a pivotal
time when GBFS is proactively
planning for their future. We are
thrilled for their success and look
forward to working with other
regional arts presenters to take
maximum advantage of this
matching program. When you con-
sider that our Foundation's own
matched fund initiative can also be
utilized to create or grow funds, the
potential impact for local arts pre-
senters is massive" said Founda-
tion Executive director Aly
Boltman.
Georgian Bay Folk Society's
Summerfolk Endowment Commit-
tee, led by Don Miller and Les
Weirmier, has been working dili-
gently over the past year to seek
pledges and donations from Sum-
merfolk supporters. Its initial
objective was to build a base of
$100,000 in the endowed fund. The
recent matched contribution from
Canadian Heritage has allowed the
Society to reach this initial goal,
and inspire them to grow an even
larger fund. The annual distribu-
tions of revenue through this grow-
ing endowment will be used by the
organization where it is most
needed and contribute to its long
term sustainability.
Community Foundation Grey
Bruce, a public charity, generates
long-term sustainable resources
through donation for the creation
or growth of endowed funds. The
earned revenue from the pooled,
invested funds is granted to quali-
fied not-for-profit organizations
throughout Grey Bruce, supporting
the widest range of organizations
and initiatives possible through
community giving.
For more information about
Community Foundation Grey
Bruce, Georgian Bay Folk Society's
Summerfolk Endowed fund or the
Endowment Incentive Program
offered by Heritage Canada, please
contact the Foundation.
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