|
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 INVESTING FOR GOOD... FOR EVER
This means what exactly? Our local Huron County Community Foundation is here for the good of any local non profit. Through the use of endowment, your gift is invested forever. The interest earned each year is spent on local projects and scholarships. Donations can be made for field of interest areas such as education or health/medicine or for more specific interests you may have. A fund may be established for any non-profit organization, with proceeds distributed each year.
Finances
Charting the course for long-term financial security The Huron County Community Foundation is essentially a savings account for the county. Contributions that are made are invested and only interest may be spent for grant awards each year, so that funds continue to benefit the county into perpetuity. The Wells Fargo Managed Account Program with Lundy Financial Services is helping the HCCF maintain its long-term viability to the community by making wise investment choices. The HCCF has 60 percent of the funds in growth investments and 40 percent in income investments. This reflects the goals of retaining principle, providing income to match the 5 percent spending policy, and long term growth in the fund. |
 |
 |
|
Bad Axe, Michigan 48413