JUNEAU - On July 9, advisors to the Douglas-Dornan Foundation established a new fund with the Juneau Community Foundation, with an initial contribution of $50,000.
The purpose of the Douglas-Dornan Foundation Fund is "to support charities that improve the quality of life in Southeast Alaska, especially for the promotion of the health, education and welfare of the children of Southeast Alaska." The fund advisors will continue to make contributions to the fund to award grants annually. They anticipate increasing the corpus over time by investing the fund with the Juneau Community Foundation. Anyone may contribute to this fund.
Grants are awarded based on the interest and service that Brian Douglas and Wythe Dornan demonstrated while living in Juneau. The son and daughter-in-law of Paul Douglas, the Foundation's founding Trustee, Brian and Wythe, both died in a Juneau auto accident in 1993.
Since 1994, the Douglas-Dornan Foundation has granted nearly a quarter million dollars to more than 150 organizations and individuals throughout Southeast Alaska. Current advisors to the fund are Paul and Sioux Douglas, Marcy and Geoff Larson, and Mark and Carrie Pusich.
"One of the current organizations we are excited to support is the Juneau Community Foundation's Youth Action Committee," Douglas said. "In 2008 we awarded $10,000 start-up money for this program and will consider further matching grants based on the efforts and success of the teen members. We are impressed so far by their giving back to the community and that they are learning about philanthropy."
For an explanation of how to establish donor-advised funds, organizational endowments, and other types of vehicles for charitable giving, see Juneau Community Foundation's 2008 Annual Report at www.juneaucf.org or visit us at 350 N. Franklin Street. Ken Leghorn, executive director, can be reached at 523-5450 and Reed Stoops, board president, can be reached at 463-3223.