The Quadra Island Foundation made its first investment last month, as a foundation for a permanent endowment fund. $10,000 was invested through the Vancouver Foundation.

“That was raised  from individuals within our community. We now have closer to $15,000 and so we’ve kept $5,000 in our bank account and we’ve just initiated the endowment fund. We feel very, very fortunate that we’re in this position and we can speak to people like you and to the community at large and just say, ‘okay, we’ve started the seed money,’” said foundation Chair Michael Mascall.