OI Legacy Fund money distributed
Tuesday, Jan 26, 2016 06:00 am
Two local non-profit groups received cheques from the Olds Institute Community Legacy Fund this past week.
Those two beneficiaries are the Olds & District Hospice Society and the Olds Historical Society. A total of $696.46 was handed out ($348.23 to each group).
The Olds Historical Society is expected to use its funds for a project to paint the entryway and gallery in the Mountain View Museum building.
“The purpose of the project is to create a more inviting space, therefore creating a positive image of the museum and encouraging more people to visit,” a document says.
The hospice society’s mandate is to help people live as well as possible until they pass away. The money it received will be used to help the society operate its palliative care suites and fulfill that mandate.
The Community Legacy Fund is an investment pool composed of funds that have been donated by individuals and organizations from the region.
The Red Deer Foundation manages the administration of the fund, while the Community Lifestyles Committee of the Olds Institute distributes grants to local social development projects.