The Orcas Island Community Foundation stewards the Community Endowment Fund and multiple Organizational Endowment Funds, for the benefit of the entire Orcas Island community in perpetuity. OICF provides a bridge connecting donors with compatible charities, maximizing returns on charitable investments, assessing community needs, and supporting nonprofit organizations and vital community programs through grantmaking.
Endowment is at the heart of the Orcas Island Community Foundation. An endowment attracts charitable resources by engaging donors who want their gifts to operate in perpetuity with maximum return on their charitable contributions. It ensures a source of money for grantmaking even during years when annual gifts decrease, and has lead to the development of a long-term grantmaking program. Endowment provides stability, enabling the Foundation to continue supporting key programs during times of economic stress.
Funding for our Community Grants program comes in part from income earned on OICF’s Community Endowment Fund investment. OICF is a public foundation charged with making grants across a broad spectrum of charitable activities within the geographical boundaries of Orcas Island. No grants are made to individuals, to other endowment funds, to political groups or for religious purposes or to any group which discriminates on the basis of age, color, race, national origin, gender identity, marital status, sensory, mental or physical ability, sexual orientation or religious beliefs.
The Community Endowment welcomes contributions of any size for any reason. Currently, the fund balance is $1,164,488.36 as of June 2017.