Fund Type: Designated to Specific Charities
Community: Prince George
Mitchell and Andrea Davy wanted a way to give back to their community year after year.
In 2007 they decided to establish a family fund with the Prince George Community Foundation. Knowing the history of the community foundation and the various avenues of support available to donate to, it seemed like a natural fit with the Davy’s philanthropic wishes.
The creation of this fund has allowed them to present donations to organizations close to their heart. Now with a growing family, they are able to model to
their young children the importance of giving and sharing as an important part of being an active citizen in our society. The oldest two children are now at an age where they can participate with their parents in deciding where this year’s donations should go.
One of the benefits of having a fund like this is that their original gift to the fund is held in perpetuity with the annual returns being available to disburse through grants. By involving themselves and their children in the process of deciding where the grants will go, the Davy’s are creating a meaningful family legacy for their children to inherit.
As a result, the Davy Family Endowment Fund will be able to contribute to worthy causes forever. The Davy’s hope their example will encourage other
families to think about how they might make a long-term investment in their community.
