A new endowed charitable fund has been established for the City of Oakland Park, Florida, at the Community Foundation of Broward with a generous gift from Steve Hudson and the Hudson Family Fund.
A ceremonial $50,000 check was recently presented by Hudson to Community Foundation President/CEO Jennifer O’Flannery Anderson, Ph.D., on the steps of Oakland Park City Hall.
The endowed fund will provide philanthropic support for community needs in the City. The fund will be managed in perpetuity by the Community Foundation of Broward and its investment income will be used to award grants to support community needs in Oakland Park.
Establishment of the the new Community Fund breaks new ground in Broward County as it is the first endowed charitable fund established for a city at the Community Foundation of Broward. It is the brainchild of former City of Oakland Park Mayor and Community Foundation Board Member Jane Bolin.
“We’re here to announce a new fund that is being established specifically for the City of Oakland Park,” said Jennifer O’Flannery Anderson. “We have established, through a gift from the Hudson Family Foundation, an endowment to support the City of Oakland Park. The fund that we’re going to house at the Community Foundation will be another tool and asset that all of you have to improve your quality of life and to invest in parks or educational opportunities for kids, to invest in public art or the environment; the opportunities are limitless.”
She continued, “Over time the fund will grow as additional business leaders and families step up to contribute to the fund. You are the first city to establish an endowed charitable fund that invests in your own community, and that is a huge accomplishment that will change lives for generations to come.”
To contribute, visit the the Community Fund.
