Legacy helps disabled with endowment distribution
Last updated 10/13/2006 at Noon
FALLBROOK — It is the greatest joy of Legacy Endowment… The Community Foundation to present funds to those in need. And that’s just what they did last week, when they gave a very happy Debra Turner a huge check for St. Madeleine Sophie’s Center (SMSC) in El Cajon. SMSC was remembered by the Deranian Family Trust in their will. They named Legacy as the trustee, allowing Legacy’s board members to professionally manage and increase their endowed funds in order to distribute donations year after year in the family’s name. Legacy takes their fiduciary responsibility very seriously, following the Uniform Management of Institutional Funds Act. They have a diversified investment portfolio that has continued to produce a high rate of return for their donor’s chosen beneficiaries, ensuring the continued success of the charities the donors have a passion for.
SMSC is one of those organizations that is valuable to so many worthwhile people. They serve the developmentally disabled adults in San Diego. The money that St. Madeleine receives goes toward training these special adults in a variety of areas that allow them to build self determination, interdependence and life skills. Cooking, artwork, computer skills, carpentry and on-the-job training in local business build their self esteem and encourage them to reach their full potential as members of the greater communities of San Diego County.
foundation.org to learn more about Legacy.