NEW ENDOWMENT HONORS JIM PONCE’S LEGACY
The Historical Society of Palm Beach County is fortunate to have two endowments–long-term ways to donae, protect, and invest assets. The Operating Endowment has long been presided over by the Board of Governors with professional advisors who direct the investment of the assets.
We are excited to announce we have also established a permanent endowment, in 2017, The James Augustine Ponce Endowment for Exhibition Development at the Community Foundation for Palm Beach and Martin Counties, in honor of the late James Augustine Ponce.
Through the Community Foundation’s Forever Nonprofit Endowment Challenge, the Society was selected to receive a $25,000 matching grant for setting up the permanent endowment. Endowments provide a long-term location for assets to be donated, protected, and grow. The principal funds are reserved by the Community Foundation, which will direct their investment. The resulting growth will be used for HSPBC initiatives toward fulfillment of our mission. The Ponce endowment is also the first piece in activating a tremendous vision for the future of the Historical Society.
Your contribution to either endowment fund is secure. Its growth will ensure the preservation of the Archives, fund future exhibits, and provide free programs to increase students’ understanding of Palm Beach County history. Please contact Holly Finch, Director of Advancement and Communications, to learn how your investment will provide an unprecedented opportunity to link our shared past to future generations at 561.832.4164 ext. 106 or via email.