The Donley Foundation to Establish $2 Million Endowed Fund at the Lehigh Valley Community Foundation
Edward and Inez Donley Fund to support self-sufficiency for disadvantaged in the Valley
Allentown, Pa., January 22, 2018—The Donley Foundation today announced its plan for the creation of a $2 million endowed fund at the Lehigh Valley Community Foundation (LVCF) that will be used to promote self-sufficiency and achievement for disadvantaged children, individuals, and families through the support of education and literacy.
“Under our new strategic plan, the Foundation will recognize its history and honor the Donley legacy by creating a $2 million fund, the Edward and Inez Donley Fund, at the Lehigh Valley Community Foundation,” said Daphne Rowe, executive director of The Donley Foundation. “This fund at LVCF will mirror the mission and strategies of The Donley Foundation and will begin grantmaking in 2021 to local organizations who are seeking funds for programming focused on giving under-served people the educational skills and resources they need to achieve their potential.”
“It has been a pleasure working with the Donley family and the leadership of the Donley Foundation to establish the Edward and Inez Donley Fund,” said Bernie Story, president and CEO of the Lehigh Valley Community Foundation. “We are delighted that the leadership has chosen to partner with the Community Foundation in continuing the outstanding local philanthropic activities of the Donley Foundation.”
The Donley Foundation, a private grant-making foundation, which recently celebrated its 30th anniversary, was founded in 1987 through the generosity of Edward and Inez Donley and has a long history of providing grants to organizations who share their mission throughout the Allentown-Bethlehem area of the Lehigh Valley. For more information about the Foundation, visit http://www.donleyfoundation.org.
The Edward and Inez Donley Fund announcement comes during a time of growth at the LVCF. Grantmaking for the fiscal year that ended on June 30, 2017, totaled $5.6 million, a high-water mark in the 50-year history of the Community Foundation. During the spring of 2017, the Community Foundation eclipsed $50 million in assets, ending the fiscal year with a total of 218 charitable funds.
“The Community Foundation is growing because we offer the perfect solution for philanthropists, including other Foundations, who are looking for an effective vehicle to support community nonprofit organizations in any number of ways,” Story explained. “We provide simple, powerful, and highly personalized approaches to giving, offering a variety of giving tools and types of funds, to help donors achieve their charitable goals. We are looking forward to working with the Donley Foundation to help improve the lives of people in the Lehigh Valley.”
ABOUT THE LEHIGH VALLEY COMMUNITY FOUNDATION
For five decades, the Lehigh Valley Community Foundation has helped donors with their charitable contributions with a simple, powerful, and highly personalized approach. LVCF is a philanthropic hub for the Lehigh Valley—who know and navigate the landscape of the Lehigh Valley’s community needs to connect people who care to causes that matter. With a diverse and respected Board of Governors, the Community Foundation is a tax-exempt 501(c)(3) organization located in Allentown, Pennsylvania. The Foundation is cause-neutral and supports all areas of community needs in the Lehigh Valley and beyond in compliance with the National Standards for U.S. Community Foundations. To learn more, visit: www.lehighvalleyfoundation.org.