Beth McConkey, 720.898.5919
ARVADA, Colo. (May 8, 2018) – The Lowry Foundation recently took significant steps to secure its future by establishing an endowment with Community First Foundation. The newly funded $500,000 endowment also qualified for a $50,000 grant that rewards endowment‐building.
Funds generated by the new endowment will be used to enrich and enhance the quality of life in Lowry through programs of artistic, cultural, educational, and civic value. These include guest artist events, a speaker series, the Annual Lowry Beer Garden Celebration, community grants program and support for the Food for Kids Backpack program. In addition to ensuring long‐term security, the endowment is a testament to the stability and fiscal responsibility of the organization.
“Endowments provide a steady revenue source, thereby helping an organization weather the ups and downs of other funding sources,” explains Lynda Ricketson, Vice President of Philanthropic Services at Community First Foundation. “At Community First Foundation, we manage endowment funds ranging in size from $25,000 to millions of dollars for more than 100 nonprofits. By investing in an endowment with us, a nonprofit sends a message to donors that future funds will be carefully and expertly managed.”
“For the Lowry Foundation, financial stability is critical to supporting a healthy and vibrant community in Lowry,” explains Jim Lusche, President of Lowry Foundation. “The team at Community First Foundation took the time to understand what our needs were and provided resources critical in our stewardship. We are excited by this relationship and what it means for the future of Lowry”.
About the Lowry Foundation
The Lowry Foundation was established in 1998 as a nonprofit organization with a mission of enhancing the quality of life and public spaces within Lowry. The Foundation provides a vital level of support to the vision of Lowry’s past, present and future as a community of pride and livability. It plays a key role in preserving and maintaining public spaces and historic structures, alongside the creation and support of community events.
About Community First Foundation
Since 1975, Community First Foundation has been helping generous donors and innovative nonprofits come together to improve the quality of life and create positive change in Jefferson County, the Denver metropolitan area and beyond. We serve as a connector, partner, collaborator and resource to fuel the power of community for the greater good. We are proud to use our energy, leadership and trusted stewardship of financial resources to energize giving across our state, strengthen nonprofits, support donors and find new ways to address community needs.