Last year, Peggy Adams Animal Rescue League helped nearly 24,000 dogs, cats, kittens and puppies, including sheltering over 4,000 injured and homeless animals, placing over 3,200 animals in loving homes and giving nearly 17,000 animals medical services. Multiply those numbers by 87 years and you will understand the impact Peggy Adams Animal Rescue League has had on countless animals in Palm Beach County.
Knowing that there will always be the need to help animals, the league recently took a big step to ensure the cause they care so deeply about will be sustained. In August, the organization established a new agency endowment fund at the Community Foundation for Palm Beach and Martin Counties.
The Peggy Adams Animal Rescue League Endowment Fund is a permanent, self-sustaining source of funding that will support all the services provided to animals, forever.
“We are excited to be partnering with the Community Foundation in creating this permanent fund for the benefit of the animals of Palm Beach County,” said Rich Anderson, the league’s executive director and CEO. “We have has been committed to the welfare of our community’s pets for nearly 90 years, and we are committed to always being here for them. This new endowment fund will give members of the community an opportunity to help make that possible.”
Agency endowment funds provide a stable, predictable source of income for nonprofit organizations and are a testament to the organization’s plan to sustain their future. The Community Foundation manages funds permanently endowed by donors for the benefit of a specific charitable cause. In the case of agency endowments, the cause is the organization itself. This permanent pool of assets generates incomes and grows over time, and similar to a personal savings, can provide a relative source of income.
“Establishing an endowment with the Community Foundation for Palm Beach and Martin Counties will help ensure Peggy Adams Animal Rescue League’s ability to serve the community well into the future. We are thrilled to partner with such a well-respected and effective organization that has served our area since 1925,” said Brad Hurlburt, president of the Community Foundation for Palm Beach and Martin Counties.
For information on making a donation to the Peggy Adams Animal Rescue League Endowment Fund, contact Ken Okel at (561) 472-8845 or k.okel@peggyadams.org. For more information, visit www.peggyadams.org.
ABOVE: Peggy Adams Animal Rescue League Executive Director & CEO Rich Anderson.
