United Way KFLA has announced that its Eternity Fund endowment fund has received the largest amount ever in its 75 year history.
A bequest of over $1.5 million has been received from long time donors, the late Audrey and Peter Scholes; placing the charity’s endowment fund total at more than $2.3 million.
The United Way will create the Audrey and Peter Scholes Memorial Fund, as per the couple’s wishes. In a release, the organization said income from this fund will go to services designed to relieve poverty by providing food and other basic supplies to low income individuals, counselling and other programs for the indigent, shelter and rehabilitation for persons of low income, and helping vulnerable and hard to serve people to integrate into the community.
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“We are grateful to Mr. & Mrs. Scholes for generously leaving a portion of their estate to the United Way,” said Jody DiRocco, Chair, United Way of KFL&A Board of Directors. “Their contribution will permanently help the most vulnerable in our community now and into the future.”
The Eternity Fund was created in 1982 as the United Way’s permanent endowment fund, separate and distinct from its annual campaign fundraising effort.
The Scholes also donated bequests to the Community Foundation of Kingston & Area and to other charities.
United Way KFLA (Kingston, Frontenac, Lennox and Addington) works with individuals, organizations and key partners to build and strengthen our community, bringing people and resources together to facilitate change. Our vision is a future where people are self-sufficient in a community, where individuals live with hope, dignity and a sense of belonging.
Visit www.unitedwaykfla.ca for more information.