MINERVA The Community Fund for the Gore Mountain Region held its first annual awards ceremony at Minerva Beach this past Thursday, marking a significant achievement in community funding and philanthropy for the Gore Mountain area. The CFGMR, an affiliate of the ACT (the Adirondack Community Trust), is a permanent endowment fund that strives to make a positive impact in our area by helping support local organizations in Chester, Horicon, Johnsburg, and Minerva through charitable grants.
The fund began in 2005, thanks to Mike Ellis, a second-home resident of North Creek, who was invited to attend a second home philanthropy seminar in Blue Mountain Lake. After hearing about what the Adirondack Community Trust was doing to help in the Adirondack area from the trusts executive director Cali Brooks, Ellis was prompted to ask what it would take to start a fund in the Gore Mountain region. Following some discussion, Ellis decided to provide the seed money from which the fund could grow. Initiating the CFGMR was a natural move for Ellis, who grew up learning about the importance of philanthropy from his family.
My parents were always very philanthropic, Ellis said. They instilled in me a desire to give back and help in areas where there is need. Knowing that there is great need for philanthropy in the Adirondacks, I wanted to be a part of that. Id like to see the CFGMR be a very significant endowment and grow very substantially by many multiples in years to come.
Brooks and the ACT worked with Ellis to see the CFGMR to fruition.
ACT was contacted by hundreds of non-profit organizations looking for grants and we didnt have any unrestricted funds. In light of this, three pilot funds were launched; one for Malone, one for Essex, and most recently the CFGMR, said Brooks. We hope to continue to attract connected advisory council members who want to strengthen the region by building this fund. I want to see this be a million dollar fund. Imagine that infusion back into this community every year.