Deb Gill, Chair of the Sunset Community Foundation (formerly Grand Bend Community Foundation) is delighted to announce the establishment of the Huron Entrepreneur Fund.
The new Fund was developed by a group of business leaders in Huron County, led by John Marshall. “This is an opportunity for donors to support charitable activities in Huron County, and at the same time, to foster new businesses and grow existing businesses,” says Marshall.
Marshall explains that donations to the Fund will be held permanently, with grants made to charities from the investment income. The Fund’s capital will be invested in Community Futures Huron, which provides small business loans to enterprises in Huron. Community Futures, in turn, will provide a return to the Fund.
“It’s two for one!” says Marshall. “Both the capital and the income from the Fund will be used to benefit the people of Huron County, through business loans and grants to charities. This is a great way for donors to support economic development while reaching out to people in challenging situations.”
The Fund will be held within and administered by the Sunset Community Foundation. The newly renamed Foundation represents two decades of experience in working with donors to realize their goals and making grants based on deep community knowledge.
Gill hopes the Huron Entrepreneur Fund will provide a model for other individuals, families, and groups in Huron County. “We are committed to helping new funds develop in Huron County, where there is currently no Community Foundation. We’ve seen the positive impact of the Foundation in Lambton Shores and South Huron, and we want to see those same benefits throughout Huron County.”