Over the years, several community members have established legacy funds through OICF to continue their philanthropic contributions into the future. Some are designated to support specific sectors, while others are available to be used as needed, allowing the OICF Board to respond when needs arise outside of the GiveOrcas campaigns.
This year, The Robert and Betty Lundeen Endowment distribution of $26,000 has been awarded to the Senior Center to support their ongoing programs. Bob and Betty set their legacy fund up to support education, the Library, medical and senior services. Each year, one organization working in these sectors receives the gift. Past awards have been used for building repairs at the Medical Center and for expanding social/emotional support at the public schools.
OICF invested $100,000 from our Bob Henigson Legacy Fund to help purchase the Northern Heights apartments, which officially transferred to OPAL this past week. This purchase ensures that the 12 dwellings will remain affordable for Orcas residents from now on. The building is located directly across from the Library on Rose Street in Eastsound. OPAL plans on renovating the apartments over time. I believe Bob would be happy to have assisted in this project since affordable housing is an issue that impacts all island residents.
We also manage the Ginny Lu Wood Blue Marble Fund. This year, her fund distribution of $5,000 will be used to help sponsor the Orcas Center’s series of free outdoor concerts on the Village Green. Ginny Lu would have so appreciated the music and community gathering.
What type of legacy would you like to leave? It is a lovely way for your spirit and name to continue on.
Wishing you a lovely weekend,
Hilary