The Abbotsford Community Foundation (ACF) recently held its 40th annual general meeting, where two new board directors were added.
Steve Willems, wealth adviser with Assante Financial Management, joins the board as chair of the new marketing and communications committee.
Jackie Hogan, chief financial adviser at University of the Fraser Valley, joins as treasurer and chair of the finance committee.
Marion Juhasz retired from her role as treasurer after serving 11 years on the ACF board. During her tenure, she worked with three executive directors, three bookkeepers and five board chairs.
Lorna Hart is now in her second year as board chair.
“What inspires me about the ACF is that it enables donors to create permanent endowment funds, and the investment income of these funds supports local charities that the donors chose, both at the time the endowment fund is created and in the future,” she said.
“Essentially this allows people who care about Abbotsford to invest in their community and make a long-term impact.”
ACF executive director Wendy Neufeld said the work of ACF would not be possible without the more than 50 volunteers who participate on the various committees and on the board.
She said the ACF is grateful for the support of the community and its leaders.
“Abbotsford has a population that believes in giving back to their community,” she said.
Neufeld said the current pool of invested capital is almost $12 million and, in the past 40 years, the ACF has distributed almost $11 million in grants and student awards.
These grants have been made to charitable organizations for programs and projects related to education, culture, arts, sports, agriculture enhancement, recreation and social issues such as homelessness and poverty.
Visit abbotsfordcf.org or call 604-850-3755 for more information.