As Alaskans, you’re probably familiar with the state Permanent Fund. Think of our endowment fund as a smaller version of that.
We are partnering with the Alaska Community Foundation. They will invest the money for us, and whatever earnings we get from that, we can put back into our programs. The fund is expected to give us $40-50k per year.
The initial contribution is left to grow in perpetuity, and only the interest is available to be spent each year by Community Connections.
We are part of a community where people with disabilities can keep their jobs, live comfortably in their own homes, and work on their life goals. We want to keep it that way. This fund will help ensure a stable and sustainable future for the people we serve, including children, adults with disabilities, and seniors.
For now, the goal is to enhance our services and fill in the gaps for programs that have experienced state cuts. In the future, as our fund grows, we may have the opportunity to self-fund some of our services.
We’ve saved up, little by little, year by year, to set aside for the future. For years to come, people in our community will continue to need support services in their own homes. We want to be there for them – we’re in it for the long run.
The Board of Directors will decide whether the annual earnings are reinvested in the fund, or used to support Community Connections’ programs that year. This year, because of state funding cuts, the earnings will go to support people with developmental disabilities.
How to Contribute
Visit our fund at alaskacf.org to donate by credit card.
Write checks out to Alaska Community Foundation and write “Community Connections Endowment Fund” in the memo. Mail directly to the Alaska Community Foundation (3201 C Street, Suite 110 Anchorage, AK 99503), or bring to one of the Community Connections offices, where we can get it sent off for you.
Contact Bess Clark at (907) 225-7825
Everyone who contributes within the first year (March 1st 2019 to March 1st 2020) achieves the status of Legacy Donor.
Thank you for contributing. You are ensuring that people with developmental disabilities, children with mental health challenges, and seniors with physical disabilities will be able to stay in their home communities for years to come.