United Way of Clallam County announces the acceptance of a donation from the estate of Margaret “Peggy” Owens. This generous gift has been placed in the United Way Endowment Fund of the Clallam County Foundation where it will be used to support two areas of interest. The amount of the gift was not disclosed.
“Mrs. Owens wanted her fund, the Dick and Peggy Owens Fund, to support United Way Partner Agencies and other charitable organizations in Clallam County that provide medical services to low-income, uninsured individuals and those that aid women that have left abusive relationships and who are working to become independent or self-sufficient,” said Christy Smith, United Way CEO.
“This donation is an example of the legacy of generosity in our community. Giving to the Clallam Community Foundation makes a difference in the lives of those who need it most,” Smith said.
The Clallam Community Foundation has nine Named Funds which allow a donor or appointed family member to make recommendations for grants and/or set criteria for scholarships.
Distributions are made from the earnings of each fund, while the principal is preserved as a permanent endowment. United Way of Clallam County administers the Clallam Community Foundation and works closely with fund advisors to carry out the wishes of the donor.
The Foundation also has six Partner Funds that support the mission of local nonprofits and is licensed with the Washington Secretary of State to provide Charitable Gift Annuities.
United Way thanks the Owens family for this gift and looks forward to honoring the wishes of its donors by using these funds to provide local community service agencies some of the financial support they need.
United Way encourages community members to set up meaningful Named Funds like this for scholarships or to support a nonprofit in the community.
For more information on United Way of Clallam County and the Clallam Community Foundation, call 457-3011 or email email@example.com.