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Vital Signs: Building a better, more resilient community.
Vital Signs, a program originated by the Community Foundations of Canada, combines data collection and local knowledge to identify community strengths and issues, and over time track progress in resolving those community challenges. With support from local governments and local organizations, the Foundation is exploring ways to deliver a Vital Signs program for Terrace and area. Read more about this local Vital Signs project here. April 8: This month marks 10 years since establishment of the Terrace Community Foundation. Created by the City of Terrace, supported financially at its inception by the Northern Development Initiative Trust, the Terrace Foundation now has an Endowment Fund of $750,000, plus administers community grants on behalf of the City, and several times a conduit for industry partners and their community development programs. Read our one page summary on 10 years of fundraising and grant giving.
Dec 30: A $500 grant from the Lemiski & Schmidt Families Fund is given to the Terrace Transition House.
In photo (L-R): Lisa Schmidt, Ksan Society Transition House; Norm Parry, Terrace Community Foundation; Ron and Karleen Lemiski, Lemiski/Schmidt Families Fund What we doThe Terrace Community Foundation is an apolitical, philanthropic organization whose purpose is to raise funds and bring donors to the table to build a resilient, resourceful, caring community.
In turn, we provide grants to community groups and organizations that cover a broad spectrum of needs that include (but are not limited to) recreation, health, the arts, the environment, education etc. We offer a variety of possibilities that allow donors to target specific or broad areas of interest. Endowment funds will provide support in perpetuity so that your investment today will still be providing benefits years into the future. All donations will receive a tax receipt. All monies will remain in our community to benefit our community. We work with the Prince George Community Foundation for the investment of our funds and to share in their expertise. Terrace Community Foundation 2020 Summary of Activities
Terrace Community Foundation 2019 Summary of Activities
Terrace Community Foundation 2018 Summary of Activities
Formation of our FoundationOn April 13, 2011 the City of Terrace formed the Terrace Community Foundation, a corporation without share capital under the Canada Corporations Act. The Terrace Community Foundation is governed by a board of directors. The Terrace Community Foundation has an endowment fund agreement with the Prince George Community Foundation which manages and distributes grants and charitable receipts as directed.
The Terrace Community Foundation created our endowment fund with funds from the Northern Development Initiative Trust Community Foundations Matching Grants program. This program provides municipalities or regional districts with up to $50,000 from a Regional Development account in matched funding to assist with the establishment of a dedicated endowment within a registered community foundation. Every dollar raised within the community is matched up to a total of $50,000. The City of Terrace provided $50,000 giving us a $100,000 endowment fund. To-date our endowment fund has grown to over $565,000.00! We provide grants from the interest earned on this base amount. |
In the news...April 7/21: Dare to Dream music program in Terrace gets a huge lift with a Foundation Named Fund. Media Release
PLATINUM LEGACY SPONSORS
City of Terrace Chances Terrace Henry & Rose Dreger Dr. Colleen Froese LNG Canada Northern Development Initiative Trust GOLD LEGACY SPONSORS Donnie Clark Coastal GasLink/TransCanada Pipelines Shell Canada Terrace Community Forest SILVER LEGACY DONORS BC Hydro Bill & Helene McRae Carol Schmidt Skeena Track Fund BRONZE LEGACY DONORS Norman Dreger & Suzanne VandeVelde Seabridge Gold FOUNDATION BUILDERS Aqua Plumbing & Heating Ltd. JG Fluor BC LNG JV Doug Foster Ron & Karleen Lemiski Bob & Carole Marcellin Minerals North Conference 2013 Norm & Kathleen Parry Grant Schmidt Tony Walker Andrew Webber 
3100 Kalum St. Terrace, BC V8G 4L1
TerraceCommunityFoundation@gmail.com Learn more about Community Foundations: www.cfc-fcc.ca | ||||