Anonymous donor contributes to Kidsport
MEDICINE HAT, AB — An anonymous donor has contributed $15,000 to the community foundation, in order to create an endowment that supports the Kidsport local chapter.
The community foundation recently introduced the new endowment system, saying it allows them to make a difference for generations.
The money that’s donated is never spent, instead it’s invested professionally, and every year the investment income that’s generated is donated to Kidsport.