VERO BEACH — December 11, 2011) The Future Leaders Professional Advisors Council of the Indian River Community Foundation has established a charitable fund to support nonprofit organizations that help address the community’s most pressing needs.
The initial goal is to raise $5,000 from the Council’s membership and begin making grants by the summer of 2012, according to Rusty Cappelen, chairman of the council. The first grant cycle will focus funding in the area of youth development.
“Our goal is to connect the next generation of professional advisors with initiatives that make a difference in the lives of Indian River County residents,” Cappelen said. “Understanding the quality of life in Indian River County, and all of the issues affecting it, is an important responsibility for us, not only on behalf of our clients, but as citizens of this community.”
Cappelen launched the Future Leaders Professional Advisors Council earlier this year under the auspices of the Indian River Community Foundation. Membership is open to attorneys, estate and financial planners, accountants, investment advisors and other professionals. The members share a common interest in understanding the most effective resources available for clients who want to include philanthropy in their financial and estate plans.
The fund will be administered by the Indian River Community Foundation. Once the goal is met, the Executive Committee of the advisors council will issue a request for proposals from local nonprofit organizations working in youth development, with an emphasis on programs providing services and opportunities to support young people ages 12-18 in developing a sense of competence, usefulness, belonging and empowerment.
“We appreciate our partnership with the Indian River Community Foundation on this initiative,” Cappelen said. “Their professional expertise in the area of philanthropic engagement and their ability to manage this charitable effort are vital to our effort.”
The Indian River Community Foundation is a nonprofit organization that provides donors with flexible philanthropic tools to achieve their current and long-term charitable giving goals. The Foundation currently manages approximately $9 million in charitable assets, the majority of which are in donor advised funds or field of interest funds, such as the Future Leaders Professional Advisor Fund. For more information about the Indian River Community Foundation or the Future Leaders Professional Advisors Council, contact Kerry Bartlett at (772) 492-1407 or
Kerry@ircommunityfoundation.com.
