The Prince George Community Foundation and Interior Savings are partnering to launch a new fund.
The $750,000 Spruce Credit Union Legacy Fund will be invested in community programs and services that will create a long-lasting positive impact in Prince George.
The fund was established as a part of the merger between Interior Savings and Spruce Credit Union earlier this year.
“The Foundation is honoured to be selected as the trusted steward of the Spruce Credit Union Legacy Fund,” says Catherine Pennington, President, Prince George Community Foundation.
“This new Fund will ensure Spruce Credit Union’s rich history of generosity in our community continues forever.”
The fund is seeking to support local projects with far-reaching impacts, that improve the health and wellness of the Prince George community, while promoting belonging, connection and cooperation.
$250,000 of the fund will be distributed immediately as Community Impact Grants, with the remaining $500,000 invested with the Foundation as an endowment.
The income generated will be granted back to the community annually.
“We hope to see a lot of big ideas and look forward to seeing the positive change we can create together,” says Brian Harris, CEO, Interior Savings.
“While our name may be new to Prince George, we’re committed to carrying on the legacy of Spruce Credit Union through this Legacy Fund and other community investment programs to help grow all that is good in this community.”
Information on applying for this and other Prince George Community Foundation Grants can be found here.
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