Lake Fairlee Association
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Lake Fairlee Association Funds 
with the Vermont Community Foundation

Picture
In the Spring of 2015 the Lake Fairlee Association (LFA) created a Permanent Endowment Fund with The Vermont Community Foundation (VCF). This relationship enabled LFA to attract and manage larger gifts in a permanent fund that will provide a five percent annual income stream to LFA to meet its purposes of protecting, maintaining and enhancing the water quality and natural environment of and around Lake Fairlee. Contributions are made to VCF through LFA and are held and invested at VCF by its skilled investment managers. The principal of these gifts are held in perpetuity with the five percent of the principal value available each year for the annual needs of LFA. This relationship with VCF enables LFA to offer this option to substantial donors who want to be certain their larger gifts will be well managed and serve the lake forever. The relationship with VCF also better enables LFA to attract and to receive larger cash gifts, gifts of appreciated securities, tax deferred retirement assets, life insurance and bequests.

The LFA Endowment Fund was initially funded with a generous anonymous gift in 2015 and since that time has received some additional gifts. It is our hope and expectation that LFA will receive additional substantial gifts to this fund in the coming years.
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In addition to the Endowment Fund, in 2018 LFA also established a Reserve Fund with VCF.  This fund is used by LFA to hold monies for shorter periods to help fund LFA expenses in the coming years and also allows larger gifts from donors who do not want future limitations on the use of those funds (as provided with the Endowment Fund). The Reserve Fund with the VCF again provides skilled investment management and the ability to receive assets from a wide variety of sources.

Several members of our board and VCF welcome the opportunity to discuss gifts to either of these Funds (and any related tax advantages) with potential donors, and if they wish, their advisors.

    Considering a Gift?

    The LFA board welcomes the opportunity to discuss gifts to either of these Funds (and any related tax advantages) with potential donors, and if they wish, their advisors. Please contact us using this form and let us know your preferred method of contact.
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The Lake Fairlee Association, Inc.
PO Box 102
Fairlee, VT 05045
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  • Home
  • Membership
    • Become a Member Donate
    • Endowment & Reserve Funds
    • Board Members >
      • Treasurer Position Summary
    • Finances
    • Being a Good Lake Neighbor
    • LFA Bylaws
    • LFA Archives 2007-17
  • LAKE HEALTH
    • Water Quality Action Committee
    • Active Lake Monitoring >
      • Lay Monitoring Program
      • LaRosa Partnership Program
      • Facts About Milfoil >
        • Milfoil Treatment
      • Cyanobacteria Monitoring
      • Greeter Program
      • Spring Phosphorus
      • Sidenote: Lake Fairlee phosphate - too much of a good thing
    • At Home by the Water - Caring for Lake Fairlee and Its Watershed >
      • Renter Guidelines
      • Contractor Tips
      • Permits
      • Additional Resources
    • Report Environmental Concerns
    • Lake Wise Program >
      • Lisa Niccolai Interview
    • Lake & Watershed Action Plan
  • NATURE & HISTORY
    • Nature of Lake Fairlee
    • Nature Associates
    • Community History
    • Camps & Camp History
  • Local Activities
  • TOWNS
    • Thetford, Fairlee, West Fairelee
    • Treasure Island Advisory Committee
    • Tri-town Commission
  • Photo Gallery