Robin Sherman and Mike Venneberg of the Greater Sitka Legacy Trust talk about their new campaign to raise funds for their endowment.
The Greater Sitka Legacy Fund (GSLF), an Affiliate of The Alaska Community Foundation, announces a new effort to raise $125,000 toward its permanent endowment. Rasmuson Foundation and The Alaska Community Foundation will match all contributions to the GSLF endowment over the next four years up to $125,000. GSLF is also eligible for up to $60,000 in matching funds for contributions to an endowment that supports its operating expenses.
GSLF was created in 2013 as a means to support nonprofit organizations and projects that improve the quality of life in Sitka. Between 2013 and 2016, GSLF received approximately $80,000 in donations from residents of Sitka, and more than $129,000 in matching funds from Rasmuson Foundation and The Alaska Community Foundation. As of July 1, GSLF has raised more than $8,000 in contributions in 2017. It currently has approximately $219,000 in its permanent endowment, which is used for grant making.
Over the past four years, GSLF has made $16,150 in grants to local organizations and projects that benefit Sitka, including a $5,000 grant to the new community playground in 2017, and a 2016 grant to the fire department to purchase rescue equipment. The GSLF Advisory Board expects to award at least an additional $5,000 in grants in 2017.
To learn more about how to help GSLF support community needs, visit www.greatersitkalegacyfund.org.