March 29, 2015 5:00 pm
Published by Michael
Residents Announce a New Community Fund to Enrich the Quality of Life in Dexter
A group of Dexter community volunteers have gathered together to establish a new permanent endowment at the Ann Arbor Area Community Foundation to benefit the residents and community of Dexter.
The Dexter Community Fund (DCF) is a source of community capital that will be available to support and invest in a wide range of community initiatives, projects, and organizations that enrich the quality of life in Dexter. Members of the DCF’s initial advisory group have made personal contributions to establish the Fund, with hopes that additional contributions from local residents, businesses, community groups and anyone with roots or ties to Dexter will help grow the Fund.
As the Dexter Community Fund grows, the Fund’s Advisory Committee will award grants beginning in 2016 to support non-profit organizations and community projects that enrich the quality of life in Dexter across a number of areas: arts and culture, education, the environment, youth, senior services, health and wellness, human services, and/or community improvement.
The vision for creating a permanent community endowment for Dexter originated more than 10 years ago with Julie Schumaker, a local resident and member of the Dexter Board of Education.
“I wanted to create a vehicle for those of us who love Dexter to be able to say ‘thank you’ and financially support the community in perpetuity,” Schumaker said.
Early in 2014, Schumaker partnered with Ann Davis, another long-time Dexter resident, to explore the possibilities and find a way to make it happen. As a charitable endowment, the Dexter Community Fund, will be managed by the Ann Arbor Area Community Foundation (AAACF). Residents Announce a New Community Fund to Enrich the Quality of Life in Dexter
A group of Dexter community volunteers have gathered together to establish a new permanent endowment at the Ann Arbor Area Community Foundation to benefit the residents and community of Dexter.
The Dexter Community Fund (DCF) is a source of community capital that will be available to support and invest in a wide range of community initiatives, projects, and organizations that enrich the quality of life in Dexter. Members of the DCF’s initial advisory group have made personal contributions to establish the Fund, with hopes that additional contributions from local residents, businesses, community groups and anyone with roots or ties to Dexter will help grow the Fund.
As the Dexter Community Fund grows, the Fund’s Advisory Committee will award grants beginning in 2016 to support non-profit organizations and community projects that enrich the quality of life in Dexter across a number of areas: arts and culture, education, the environment, youth, senior services, health and wellness, human services, and/or community improvement.
The vision for creating a permanent community endowment for Dexter originated more than 10 years ago with Julie Schumaker, a local resident and member of the Dexter Board of Education.
“I wanted to create a vehicle for those of us who love Dexter to be able to say ‘thank you’ and financially support the community in perpetuity,” Schumaker said.
Early in 2014, Schumaker partnered with Ann Davis, another long-time Dexter resident, to explore the possibilities and find a way to make it happen. As a charitable endowment, the Dexter Community Fund, will be managed by the Ann Arbor Area Community Foundation (AAACF). The Advisory Committee felt affiliating with AAACF would be the most effective approach in growing a community endowment for Dexter, given the Community Foundation’s professional investment management and grant-making experience.
As Davis, who serves on AAACF’s Board of Trustees, said, “Through my involvement with the Ann Arbor Area Community Foundation, I have seen the good that an endowment can provide in improving the quality of life in a local community.