Foundation Fables: Then and Now – Episode 13

Structural Changes

By 1997 the Foundation was now 10 years old with $300,000 in endowments. It recognized that it had grown to a point were additional committees would be required to operate effectively and efficiently. With the Scholarship and Granting (known as Distribution) committees in place it was time to address other areas such as Asset Development and Communications. The primary job of these new committees was to bring in new benefactors and communicate our progress to the community.

In the early 2000’s the two committees merged into one committee known as Development. Since then it has also taken on the responsibility of Governance and it ensures bylaws, policies and procedures are current to legislation and business practice.