Creation of the Lake of Bays Community Fund
The following press release is being shared from The Muskoka Community Foundation.
Muskoka, ON - The Muskoka Community Foundation is pleased to announce the creation of the Lake of Bays Community Fund in partnership with the Township of Lake of Bays. This fund intends to support organizations and programs that are impacting the communities within the Township of Lake of Bays.
![Announcing the new Lake of Bays Community Fund](/media/0uqpmn5m/lob-fund-logo.png?rmode=max&width=210&height=210)
Grants from the Lake of Bays Community Fund are disbursed only to projects within the Township that are delivered by charitable organizations working in the areas of food insecurity, education, recreation, health and wellness, seniors, children and youth. Granting decisions are overseen by the Community Fund Grant Review Committee.
“This partnership is a big and positive step forward when it comes to supporting the projects and people that make Lake of Bays such a wonderful place to live,” said Terry Glover, Mayor of Township of Lake of Bays. “Coming together with the Muskoka Community Foundation means that we can amplify the impact of critical organizations within our municipality.”
Glover extended his appreciation for the work of local organizations. “To the not-for-profit charities in this community that enhance the lives of our residents, thank you for all you do. We're incredibly proud of you, and we're thrilled that both Council and the Muskoka Community Foundation can offer you support through this program. I encourage you to jump on this opportunity and apply.”
Lynn DeCaro, Executive Director of the Foundation, welcomes the new Fund. “The Muskoka Community Foundation is excited to work with the Township and the communities that make up Lake of Bays to support organizations that provide much needed and innovative programs.” She also notes more information will be shared in the coming months regarding when applications for the first granting cycle will be announced.
With an initial contribution of $9,500.00 from the Township of Lake of Bays, the Muskoka Community Foundation invites community members and businesses to make a charitable gift to the new fund. DeCaro encourages gifts of any size: “The Lake of Bays Community Fund is an opportunity for residents, local businesses and seasonal homeowners to keep their charitable donations working in their own community, creating a lasting legacy by supporting organizations that provide vital services and programs.”
To learn more about how you can contribute to the newly established Lake of Bays Community Fund visit Current Funds - Muskoka Community Foundation or contact the Muskoka Community Foundation at 705-646-1220.
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About the Muskoka Community Foundation:
The Muskoka Community Foundation is one of 200 Community Foundations in Canada administering over $2 million in endowed and flow-through funds. Since it was founded in 2007, the Muskoka Community Foundation has granted over $2 million directly to registered charities throughout Muskoka.
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For more information contact:
Lynn DeCaro, Executive Director
Muskoka Community Foundation
Tel: 705-646-1220
Watch the video!
"We're very, very excited about the program. We're hoping to put in at least that amount of money [$9,500] every year into the budget to keep this thing rolling." - Mayor Terry Glover