The Elmhurst Choral Union has set up an agency endowment fund with the goal of providing long-term annual support for its operating budget and to ensure the stability of its cash flow. "We know that the management and administration of the Fund will be most beneficial to us," said Ed Miner, newly-elected president of the choral union. "That's why we are partnering with The DuPage Community Foundation. We're hoping to grow our endowment, the Choral Union and our impact on the arts in DuPage. It will be for the long-term benefit of DuPage County residents."
About Elmhurst Choral Union:
Founded in 1952, the Elmhurst Choral Union is a 60-member auditioned volunteer choir, singing with a professional orchestra and soloists, performing classical music. It performs two major concerts per year (in December and April) in addition
to occasional special appearances. The group is supported by the City of Elmhurst, Elmhurst College and the Illinois Arts Council. They practice at Elmhurst College and home concerts are held at the Hammerschmidt Chapel on the College's campus.
For more information about the Elmhurst Choral Union, please visit its website at www.elmhurstchoralunion.org.
The Tri-Town YMCA serves the communities of Lombard, Villa Park and Oak Brook Terrace. The organization has set up an agency endowment fund at the Foundation to ensure that its programs are sustained.
"We see our endowment fund at the Foundation as assurance that we can continue our good work in the future," said Joanne Mitrenga, executive director of the Tri-Town YMCA. "This year we are opening a new afterschool program in a school that has more than 50% of its students coming from low-income families. The earnings from the endowment fund will help us bridge the gap between our expenses and the level of money these families can contribute. The Foundation has a solid history of investment returns. When it helps us maximize earnings on our endowment funds it is also helping us maximize the good we do in our community."
About Tri-Town YMCA:
Founded in 1966, the Tri-Town YMCA's mission is to unite and serve persons of any religious faith or none, in order to strengthen the community and the individual through growth in body, mind and spirit, by way of living Christian principles. The mission is supported through youth development, healthy living and social responsibility.
The Tri-Town YMCA is a unique entity for a Y as its programs are held without a YMCA-owned facility. By engaging in community partnerships, the
Tri-Town YMCA is able to support its programs at various locations within the communities it serves. For more information about the Tri-Town YMCA, please visit their website at www.tritownymca.org.
About The DuPage Community Foundation:
The DuPage Community Foundation seeks to raise the quality of life throughout DuPage County by fostering philanthropy, connecting donors to area needs and building community partnerships. Based on the American virtues of volunteerism and philanthropy, the Foundation fosters a legacy of support for the people of DuPage County by making grants to not-for-profit organizations working in the areas of arts and culture, education, environment, health, and human services. Since its inception, the Foundation has built its endowment to nearly $59 million and
awarded more than $19 million in grants to not-for-profit agencies serving the residents of
DuPage County and beyond.
Established in 1986, The DuPage Community Foundation is a publicly-supported 501(c)(3) organization to which contributions are tax deductible. It was created to benefit the people of DuPage County and receives contributions and bequests into a permanent endowment from individuals, corporations, organizations and foundations wishing to make lasting contributions to the people of DuPage. The earnings on these funds are then used, in accordance with donor wishes, for the Foundation's grantmaking and community leadership activities.
For more information about the Foundation, or to arrange future media opportunities, please contact Joelyn Kott, marketing & communications officer, at (630) 665-5556, extension 19, or email@example.com.