The Parks Foundation has established an Endowment Fund with the Grand Haven Area Community Foundation. An initial investment of $5,000 was made to establish the fund and the Foundation Board has submitted a request to the Loutit Foundation for a matching grant to expand the endowment. The purpose of the endowment is to help ensure the long-term sustainability of the Parks Foundation. Endowment Fund agreements limit expenditure of endowed funds to 4% per year except in special circumstances.
To make a gift to the Parks Foundation Endowment Fund, contact the Grand Haven Area Foundation.
