LIST OF FUNDS | SCHOLARSHIP FUNDS | CREATE A PERSONAL FUND | CREATE A LEGACY
OUR FUNDS
Designed to fit your charitable goals
When you give to the Leelanau Township Community Foundation you’ll find a fund that fits your goals for charitable giving. If not, we’ll help you design one. Why? Because we understand that the reasons people donate are different and diverse. But one thing is clear. Our donors want to give back to their community.
Giving to our community foundation is a great way to share your personal good fortune, to remember someone special, to honor a loved one or to say thanks to an organization that has touched your life. Donors also tell us they want to set an example of generosity for their children or others.
Giving is not complicated and our foundation staff and trustees are here to help you identify the most effective and efficient way to make a lasting impact on the groups or institutions you care most about.
Choose the way you'd like to give
- Determine exactly what your charitable goals are. You may be interested in a specific issue,
want to help a local group, or provide ongoing support for many organizations. If this is you,
start by thinking about what you would like your donation to help accomplish over the long run. Click here to see the Types of Funds available. - Select an Existing LTCF Fund or Create a Personal Fund or Legacy. Once you’ve determined what your charitable goals are take another look at the funds listed below. If there’s not a fund that really reflects your goals, consider establishing a new fund that allows you to shape your gift in a way that is important to you.
- Once a fund has been selected or created, you can decide which of the Many Ways to Give
is best for you.
We’re here to help with your charitable giving. If you have questions about becoming a donor or creating your own fund, please Contact Us for more information.
LIST OF FUNDS
The funds of the Leelanau Township Community Foundation reflect the charitable goals of the individuals, families, civic groups and organizations that established them. Scholarship funds that help educate our youth play a big role in the foundation’s philanthropic effort. These funds are detailed in a separate list of Scholarship Funds. As we move forward, the foundation’s long term goal is to grow its permanent resources to ensure that we can continue to address changing community needs well into the future.
Endowed Funds
Contributions to these long term funds qualify as a deduction on your federal tax return.
Beatrice M. Bowen Memorial Book Fund
Dr. Beatrice Bowen dedicated much of her life to encouraging children to discover the joy of reading – she was passionate about children’s literature and the benefits of reading. In 1999 her family established this fund for nonprofit organizations in Leelanau Township for the purchase of children’s books.
General Endowment Fund
Grants using the interest from this endowment fund help local nonprofit organizations that sustain youth, elders, education, health, recreation and the arts.
Grand Traverse Lighthouse Museum Endowment Fund
The Grand Traverse Lighthouse Museum established this endowment fund to further their mission to restore and preserve the Grand Traverse Light Station. The annual interest earnings from the fund help support the lighthouse. www.grandtraverselighthouse.com
Leelanau Township Health & Wellness Fund
Established by the former Leelanau Memorial Health Center board and volunteers to serve the health and wellness needs of Leelanau Township residents. Programs that may qualify for funding include local health services, health related events, medical support for under- or un-insured individuals and families, nutrition and health education, and events like “Miles for Mammograms” and medical support for under- or un-insured individuals and families such as “Free Health Day”. Isabel Wise of Northport bequeathed money to this fund and LMHC volunteers also raised money for this effort.
Leelanau Township Library Endowment Fund
Leelanau Township established this endowment fund to support the ongoing role and mission of the library. www.leelanautownshiplibrary.org
Northport Community Arts Center Operations Fund
The Northport Community Arts Center is a premier facility for the performing arts located within the Northport Public School. This endowment fund was established in 2001 to help finance the school's operating expenses of the Northport Community Arts Center. Each year interest earnings are granted to Northport Public School. www.northportcac.org
Northport Public School Booster Club Fund
The Northport Public School Booster Club established this endowment fund in 1998 to enhance important educational opportunities for students at Northport Public School. The Booster Club recommends special activities to be supported by the fund’s interest earnings.
Northport Masonic Lodge 265 F&AM
Provides support for local non-profit organizations, especially those dedicated to the preservation of literary and artistic materials, the presentation of the arts and the preservation of local history.
Pearl Kellogg Memorial Fund
Members of the Northport Point Cottage Owners Association established this fund in memory of Pearl Kellogg and in recognition of her 30 years of service as their bookkeeper.
Woolsey Memorial Airport Endowment Fund
The Northport Pilot’s Association, Inc. established this designated endowment fund in 2006 to provide financial support for the operation, improvement and maintenance of the Woolsey Memorial Airport.
Youth Endowment Fund
Through a matching grant from the W.K. Kellogg Foundation, this endowment fund was created to offer young people the opportunity to learn about philanthropy. The Youth Advisory Council meets regularly to review grant applications and determine which programs they would like to support in their community.
Non-Endowed Funds
These non-endowed funds can spend both principal and interest to meet community needs. A donation to these funds qualifies for a deduction on your federal tax return but doesn't qualify for the Michigan Community Foundation State Tax Credit.
Early Childhood Fund/Best for Kids
The Early Childhood Fund supports quality early childhood education programs in Leelanau Township. It was established in 2006 when the Leelanau Memorial Health Center closed the local health facility including the its early childhood program. The Best for Kids committee now raises money and awareness of the importance of quality early childhood education.
Future by Design Fund
Supports efforts to create a sustainable coastal community in Northport.
Leelanau Township Library Advised Fund
Contributions to this advised fund are available for use by the Library at any time to support its role and mission. www.leelanautownshiplibrary.org
Leelanau Township Library Grace Cochran Special Use Fund
Ruth Updegraff bequeathed $10,000 from her estate for the purchase of books and other reference material on the subject of wildlife, plants and gardening native to this area of Michigan. Ms. Updegraff named this fund in memory of her dear friend, Grace Cochran. Both women were summer residents of Northport and longstanding Friends of the Library.
Leelanau Township Health and Wellness Pass-Thru Fund
See General Endowment Fund under Endowed Funds at top of page.
The Tax Benefit Difference When You Contribute to
Endowed and Non-Endowed Funds
Contributions to the foundation’s long-term endowment funds qualify for a deduction on your federal tax return. These funds generate investment income. Non-endowed funds can spend both principal and interest to meet community needs. Certain scholarships and construction projects are just two examples of the kinds of community philanthropy supported by non-endowed funds. A donation to these funds qualifies for a deduction on your Federal Tax Credit.
Scholarship Funds
Each year the Leelanau Township Community Foundation has the following scholarships available for students.
Anson Solem Science Scholarship Fund
Established in 2007 in memory of Anson Solem, a Suttons Bay native and 1937 graduate of Suttons Bay High School where he was class valedictorian. He attended the University of Michigan where he received his bachelors degree. He received a masters degree in engineering, science and applied physics from Harvard University and a doctorate in philosophy from the University of Maryland. Solem worked in Washington D.C. as a civilian for the Navy for 33 years. He focused on explosive research and anti-submarine warfare. Solem received the Superior Civilian Service medal from the Navy. While living in Washington D.C., he met and married his wife, Ruth. Because of his deep commitment to his work as a scientist, this scholarship was established in his memory to benefit any Leelanau County high school graduate pursuing higher education in science. Endowed.
Alice Busby Memorial Scholarship Fund
The Alice Busby Memorial Scholarship Fund was established in 1999 to honor a beloved member of the Leelanau Township community who died from breast cancer. An employee of the Northport Public Schools, where she was the Business Manager, she endeared herself to the faculty, staff and families of students who created this scholarship in her memory. The Alice Busby Memorial Scholarship Fund is designed to assist a graduating senior of Northport Public School who has demonstrated a commitment to community service and aspires to a career in elementary education or business. Non-endowed.
Faye Dinsmore Memorial Scholarship Fund for Culinary Arts
The family and friends of Northport native Faye Dinsmore established this Fund in 2002 to support students who aspire to a career in the culinary arts. Qualified candidates are graduating seniors from any high school in Leelanau County who demonstrate financial need and a sincere interest in studying the culinary arts. Non-endowed.
George W. Anderson and Carolyn T. Anderson Community Endowment Scholarship Fund
George and Lyn Anderson established a community endowment fund upon George’s retirement as board chairperson of the Leelanau Township Community Foundation in 2004. The fund’s primary purpose is to provide assistance to the families of infants with special needs who require services that the family can’t afford. Its secondary purpose is to provide tuition scholarships to high school graduates who will either attend Alma College, the University of Michigan or Northwestern Michigan College. Scholarship eligibility requirements are academic excellence (minimum GPA. of 2.7), community involvement and demonstrating strong citizenship. Both young people and adults who reside in Leelanau Township may apply. Endowed.
Dr. James Kolberg Scholarship Fund
Mary and Lawrence Frank established this endowed fund to honor the retirement of Dr. James Kolberg and recognize his 30 year service to Leelanau Township. The interest earnings from this fund provide scholarships to graduating seniors of Northport Public School who have chosen to study in the field of medicine. Endowed.
Edwin Suddard and Ruth Kellogg Scholarship Fund
Ruth Suddard Kellogg of Northport bequeathed 10 percent of her estate to the foundation for the purpose of establishing an endowment fund for scholarships. The investment earnings from this fund provide a scholarship for a graduating senior at Northport Public School who wants to attend either college or a vocational school. Qualified students must have a minimum GPA of 2.7 and demonstrate financial need. Endowed.
Florence F. Evett Scholarship Fund
Florence F. Evett was dedicated to the students at Northport Public School where she worked 24 years as a bookkeeper. Mrs. Evett gave $24,000 from her estate to the foundation to establish a scholarship fund for students who wanted to attend college but lacked the financial means to do so. Each year, $2,000 is awarded to a graduating senior of Northport Public School who has a minimum 2.7 GPA, demonstrates financial need and receives the majority vote of the high school faculty to be the recipient of this award.Non-endowed.
Florence L. Hanes Scholarship Fund
Florence Hanes had a generous spirit towards her community. In 1971 she bequeathed her entire estate to the Leelanau Township Community Foundation to establish an endowment fund for scholarships. She left instructions that “I’d like any money you realize to be used for scholarships for trade schools – that could be anything from car mechanic, practical nurse, registered nurse, business school – just so the object was the training needed to earn a living. And it doesn’t need to be limited to just young people. Here I am, age 54, with the need to earn a living and no training of any kind to help me earn a good living.” Qualified candidates are individuals of any age, who have earned a high school diploma and who demonstrate financial need for assistance with vocational training.Endowed.
Kreig Leabo Memorial Scholarship Fund
This fund was established in memory of Kreig Leabo who died in 1989 at the young age of 41. Kreig was a 1966 graduate of Northport Public School who is best remembered for his dedication to helping others. Individuals and business owners from the community help subsidize this fund through an annual golf outing. Currently, a scholarship in the amount of $1,000 is given each year to a graduating senior of Northport Public School whose actions and activities demonstrate a strong community spirit.Endowed.
Native American Scholarship Fund
This fund was established for the purpose of providing scholarships to Native American graduates of Northport Public School who seek educational opportunities beyond high school. Non-endowed.
Northport Promise Fund
The Northport Promise began in 2007 to help grow the population of the Northport Public School. It’s modeled after the successful Kalamazoo Promise announced in 2005. Northport Promise scholarships are available to any graduating senior of Northport High School who has attended the school for four consecutive years prior to graduation and who plans to attend a public community college, four-year college or university or vocational school in Michigan. Non-endowed.
Susan Hirschfield Memorial Scholarship Fund for Visual Art
The family and friends of Sue Hirschfield established this fund in 2003 to honor her talent in the visual arts. Qualified candidates are students of Northport Public School who seek advanced training in the visual arts. Non-endowed.
Winfield H. & Dr. Grace Song Line Scholarship Fund
Grace Song Line was born in Korea and came to the United States as a student. She obtained a degree in medicine and married Winfield H. Line, a Michigan businessman. In 1970, they established an endowment fund to honor students who display a genuine interest in community, church, home and school, and who actively participate in organizations and projects that have as their goal the betterment of human beings everywhere. Recipients must be graduating seniors of Northport Public School who have maintained a satisfactory academic record and possess characteristics of good citizenship, such as the following:
- They recognize that people hold different beliefs and opinions and respect their right to those beliefs;
- They support their family, religion, community and nation; they try actively to improve weaknesses in these institutions and do not withdraw from them;
- They are faithful to the customs and laws of society;
- They stand up for what they believe is right and take action against what they know to be wrong;
- They are willing to take the responsibility for leadership as well as the recognition;
- They are willing to do committee work or the least rewarding tasks to assure the successful completion of a project;
- They demonstrate high standards of honesty and reliability;
- They demonstrate a concern for others;
- They do not restrict their good work to just one institution such as school.
Youth Scholarship Fund
This fund was established through a grant from the W.K. Kellogg Foundation to offer scholarships for extracurricular activities in music, athletics and government. The amount of the scholarship is determined each year by the Youth Advisory Council. Non-endowed.
Please join our efforts -- give today. Your contribution is tax deductible! Make your check payable to: LTCF, and mail to PO Box 818, Northport, MI 49670. Indicate the fund to which you wish to contribute (click here for a list of Scholarship Funds). If you’d like to donate by credit card or donate stock, please call our office at 231.396.9000 today.
CREATE A PERSONAL FUND
Help shape the future with your gift
You can shape your own fund, named in your honor or honoring a loved one. Whether established by an individual, family, business or group, Donor Advised Funds offer you a way to create a named fund and remain actively involved in grant making. Or you can choose to give anonymously. The size of your fund can be increased at any time through your additional tax-deductible gifts or by others who share your charitable vision.
Our professional staff and volunteer trustees are deeply invested in the community and, through their businesses and volunteer efforts, have an excellent understanding of current community needs. They can help you learn more about local projects and programs that make a difference in our community. While our primary objective is supporting nonprofit organizations and civic initiatives in our community, with a Donor Advised Fund you are able to contribute to recognized nonprofit organizations anywhere in the country. To create a fund:
1. Choose the Types of Funds that meets your needs.
2. Name your fund. Use your family name or remain anonymous if you prefer. You can also select a name that reflects your philanthropic interest.
3. Decide what to give. LTCF accepts cash, stock, real estate, life insurance and other assets.
4. Decide when to give. You can set up a fund now or work with your professional advisor to make a provision for a planned gift through your will or trust.
5. Call the Foundation at 231 386-9000 or email: director@leelanaufoundation.org to get started!
CREATE A LEGACY
Provide for the foundation in your will, trust or estate plan
The Legacy Society allows the foundation the opportunity to express our appreciation by acknowledging donors who make us part of their estate plan or who provide perpetual support of our community through the establishment of an endowment fund.To become a member of the Legacy Society at the Leelanau Township Community Foundation, all you need to do is inform us of the provision you have made for the foundation through your will or trust or other estate plan. The amount you set aside is not a factor and does not have to be disclosed. You may remain anonymous if you wish.
Alternatively, you can consider the establishment of an endowment fund for perpetual support of a cause you care about. As an advisor to this fund, you can recommend grants from the earnings and income to charities. The fund can be created to provide perpetual support to specific charities or fields of interest. You can also pass this legacy on to your children by naming them as successor advisors to the fund. If you have included the LTCF in your estate plan or are interested in doing so, please contact us at your convenience. Email us at director@leelanaufoundation.org or call 231.386.9000.