A new charitable endowment fund was created with The Van Wert County Foundation by the Van Wert County Council on Aging (COA). This fund helps to generate future income for the COA for years to come.
The mission of the COA is to assist older adults, age 60 and over, to live their lives with independence and dignity for as long as possible in the environment of their homes. By operating the Van Wert Senior Center located at 220 Fox Road, Van Wert; the COA offers a place for citizens ages 60+ to enjoy fun and fellowship through many daily activities at the center. Favorites activities include euchre, pinochle, bingo, and there’s always a special event right around the corner. The COA provides essential services like transportation and chore services for those seniors who need it most. These services ensure a better quality of life to help clients to remain living independently in their homes as long as possible.
This charitable endowment fund is open to the public for a donation. All donations become permanent principle which helps to create investment income. The investment income becomes part of their operating budget at the decision of the Van Wert County Council on Aging’s board in support of their organization. Your gift toward the COA Endowment Fund helps to ensure that additional services for older citizens continue for generations to come.
The Van Wert County Foundation conducts such activities using only the investment income generated by the principal. Donors should know that those assets received by The Foundation will remain in perpetuity as a funding source forever. The Foundation pools funds for investment purposes. All contributions are professionally managed, and thus, donors have the advantage of a diverse investment policy. There are many options as to how to set up such a fund and those wanting more information should contact Executive Secretary, Seth Baker at firstname.lastname@example.org or by phone at 419.238.1743.