Fourteen non-profit agencies are getting Creston-Kootenay Foundation (CKF) grants totalling almost $22,000 this year.
The foundation is a non-profit agency serving the area between Riondel and Yahk. Being registered with the Canada Revenue Agency (CRA), it is authorized to accept donations of cash, securities, bequests and other forms of wealth and invest them for the long-term benefit of the community. It is also authorized to issue tax-deductible receipts for such donations.
However, it is required to distribute each year a percentage of the earnings on its investments to non-profit, community-service organizations that are also registered with the CRA.
Among the major beneficiaries in 2012 are the Creston and District Community Resource Centre Society for its Therapeutic Activation Pro-gram for Seniors (TAPS) program ($6,000), the Creston and District Society for Community Living for its Therapeutic Riding Program ($1,248), and the Boswell Memorial Hall Society and the Boswell Emergency Volunteers ($2,500 each) for auto-electronic defibrillators.
Sizable grants are also going to the Creston Valley Hospice Society for education of bereavement supporters ($2,000), and to the Creston Valley Food Action Coalition for its Harvest Share program ($3,000).
Smaller amounts range from $167 for the Creston Museum to $1,000 to the Creston Valley Music Teachers Association for a scholarship. In some of these instances, the grants come in whole or in part from funds whose general purpose has been designated by the donors or from organizations using the CKF as an investment partner.
This year’s grants bring to $146,099 the total the foundation has distributed since it began making annual contributions to community-helping organizations in 2005. The 2012 distribution is also the largest during that period, thus emphasizing the point that the more the CKF has in its investment portfolio, the more it can do for the community now as well as in the years and decades to come.
In addition to its annual granting, the foundation partnered with the College of the Rockies to present its second annual soiree on June 2. Net proceeds from that event went to the greenhouse project at the College’s Creston campus.
As well, the foundation is currently working with private, community and regional donors on the purchase of a colonoscope for the Creston Valley Hospital. When this fundraising is complete, the instrument will be purchased and placed in the Creston Valley Hospital’s operating room. It is anticipated the colonoscope will be available early this summer.
Further information about how the Foundation works and how to help it do its vital work can be found at www.ckfoundation.com.
— CRESTON-KOOTENAY FOUNDATION