Legacy Endowment Community Foundation held its fifth annual Endowment Celebration Nov. 16 for both donors and beneficiaries in Pala Mesa Resort’s Ballroom.
Executive Director Jean Larsen gave an update on the foundation’s investment status; Legacy has $14 million in invested assets and has granted $10 million to area nonprofits since 1994.
The funds are invested for long-range perpetual yield, Larsen said, so they are surviving years’ long bounces in the financial market.
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