Press release

New Pike fund

Endowment to maintain Milford’s historic appeal

Posted 9/28/21

MILFORD, PA — In order to preserve the old, there’s a need for the new. A new fund, that is.

Established by the Milford Enhancement Committee (MEC) at Greater Pike Community …

This item is available in full to subscribers.

Please log in to continue

Log in
Press release

New Pike fund

Endowment to maintain Milford’s historic appeal

Posted

MILFORD, PA — In order to preserve the old, there’s a need for the new. A new fund, that is.

Established by the Milford Enhancement Committee (MEC) at Greater Pike Community Foundation, the new fund will give the enhancement committep a strategy to fulfill its mission in perpetuity. The Milford Enhancement Committee Maintenance Endowment is dedicated to maintaining Milford’s streetscapes and public spaces and will help protect Milford’s historic appeal.

MEC president and Milford mayor Sean Strub said the endowment will provide an ongoing funding stream, which has been a long-term goal of the MEC as it continues its work. “Having a reliable source of maintenance funding each year will help keep Milford’s streetscapes and open spaces in great condition, helping to make Milford a better place to live, visit or do business.”

Greater Pike Executive Director Jenni Hamill congratulated the MEC on its move and recommended that all local nonprofits consider an organizational endowment fund. “It is a fundraising tool that offers financial stability,” Hamill said. “Income will continue to grow and can be used for operations, special projects or other needs. It also builds confidence among existing and potential donors that the organization has a strategy for long-term growth.”   

Greater Pike has different options designed for nonprofits considering opening their own endowment fund, and Hamill said, “I would be happy to speak more about this with anyone who would like more information.”

Strub said those who love Milford now have a way to donate “to make sure future generations benefit from our work today, as we have from those with a similar vision from years ago.”

Online donations to the Milford Enhancement Committee Maintenance Endowment can be made at www.greaterpike.org/fund_list. Scroll down to the fund name for the link.

Greater Pike helps individuals, families, and local businesses to provide a permanent and personal way to give back to the community. For more information, contact Hamill at 570/832-4686, jennihamill@greaterpike.org, or visit www.greaterpike.org and Facebook.com/GreaterPike.

Comments

No comments on this story | Please log in to comment by clicking here