|
|
Amery Community Foundation Merges with St. Croix
Valley Community Foundation
June 23, 2008
 The St. Croix Valley Community Foundation and the Amery Community Foundation have announced a merger. “We are very, very pleased to welcome the Amery Community Foundation into our family of affiliated foundations,” says Jane Hetland Stevenson, president of the St. Croix Valley Community Foundation.
The Amery Community Foundation was established in 1984 and has assets of more than $500,000. Many of these assets go to scholarships to students from the Amery area. “The board members in Amery considered long and hard about merging our operations,” said Ray Siggins, president of the Amery Foundation board. “We felt that by joining with a larger and professionally staffed foundation we would be able to do even more for the greater Amery area than we have in the past."
The St. Croix Valley Community Foundation was established in 1995; as of May 2008, the foundation had assets of approximately $16 million. The foundation is active in grantmaking in five counties that border the St. Croix River (three in Wisconsin and two in Minnesota). It works locally in communities in the valley through its affiliates, which include the Hudson Community Fund, the River Falls Community Fund, the Dresser Community Fund, the Chisago Lakes Area Community Foundation, and now the Amery Community Foundation.
|
|
|
|
