New ‘Legacy Fund’ looks to Coquitlam’s future

Tuesday, April 12, 2016

COQUITLAM – The Coquitlam Foundation has established a unique new fund to mark the City of Coquitlam’s 125th Anniversary this year. The fund is designed to enable the foundation to support community-legacy projects throughout the city.

In announcing the creation of the Coquitlam Foundation 125 Legacy Fund, foundation chair Janet Toddington issued a broad call for citizens’ donations to help endow the fund with $125,000 by the end of 2016.

“It’s a unique opportunity for Coquitlam residents to make an enduring contribution to the community,” Toddington said. “We’ve already received donations from some of our closest friends and supporters. Now we’re asking for everyone’s assistance, whether it be a $25, $125, or $25,000 donation, or anything in between.”

Coquitlam Mayor Richard Stewart congratulated the foundation on its foresight. “As we mark our 125th anniversary as a city, it’s not only important to celebrate our rich heritage, but also to look for ways to protect, promote and advance that heritage,” said Mayor Stewart, who is the city’s statutory representative on the foundation’s board.  “The new Legacy Fund will enable the community do just that.”

The foundation’s executive director, Jill Cook, noted the fund’s purposes correspond to the theme of the city’s anniversary celebrations, “Stories told, stories to be created.”  Said Cook: “This fund is designed to enable individuals and groups to both celebrate and enhance our community and, by so doing, leave a legacy for future generations.”

Examples of legacy projects that might be funded include: public art; book publications; video productions; musical compositions; restoration projects of benefit to all Coquitlam residents; community infrastructure (gardens, trails, etc.); and commemorative plaques.

“That’s very exciting,” said Reg Wilford, executive director of the Coquitlam Heritage Society. “With the 125 Anniversary, we are looking back and marking a point in time, but really we are also preparing a platform for the future. Legacy is about carrying on and going forward.”

The new fund has been officially sanctioned by the City of Coquitlam’s 125 anniversary office.

Those interested in donating now or applying for a grant in the future should email info@coquitlamfoundation or phone 604.468.9598.

The foundation will distribute its 2016 grants, bursaries and scholarships at its Awards Night, June 9 at the Evergreen Cultural Centre, 1205 Pinetree Way, Coquitlam.

The foundation manages $2.8 million in 28 foundation-directed and donor-advised funds. The foundation always welcomes donations to its funds. To learn more about the Coquitlam Foundation, including how to get involved, please visit www.coquitlamfoundation.com.

The Coquitlam Foundation is registered with Canada Revenue as a charitable organization, No. 890762347 RR0001.