$500,000 legacy fund established

A new Penny Lane Community Fund, with an initial commitment of $500,000, has been created.

  • Oct. 30, 2013 6:00 p.m.

The Summerland Charity Shops Society members present a $500

A new Penny Lane Community Fund, with an initial commitment of $500,000, has been created by the Community Foundation of the South Okanagan and the Summerland Charity Shops Society.

Over the past 11 years, the Summerland Charity Shops Society, operating the Penny Lane Bargain Outlet in Summerland, contributed more than $2 million to youth organizations in Summerland and the rest of the region.

Penny Lane began in 2002 with the commitment of the six founders, the late Art Sewell, Ellen Lloyd, Orv Robson, Bruce Hallquist, Allan Fabbi, and Scott Boswell.

In the beginning the hope and vision of the board, and in particular Art Sewell, was that Penny Lane would be able to assist the youth of Summerland and South Okanagan for 10 to 15 years with the end goal being to create a lasting legacy fund.

The current directors, including Rick Thorpe who replaced Sewell, remain passionate about giving back to the community and are committed to continuing support of youth related programs.

“Circumstances beyond our control forced the closure of the Penny Lane store,” said Orv Robson, chair of the Summerland Charity Shops Society.

“With the creation of the Penny Lane Community Legacy Fund, we will be able to continue to support the youth in Summerland and the South Okanagan.”

With an initial gift to the Community Foundation of $500,000, the new Penny Lane Community Legacy Fund is a significant step for both the Community Foundation and the youth programs which will be supported with this Fund.

“The Community Foundation is honoured to have earned the confidence of the Summerland Charity Shops Society,”said Susan Kelly, president of the Community Foundation of the South Okanagan Similkameen.

“They have had incredible success over the years and have made amazing contributions to the community. The Community Foundation is absolutely committed to fulfilling Penny Lane‘s mandate and vision for this Fund and we look forward to perpetuating the impact of the Penny Lane Community Legacy Fund for the benefit of our youth.”

 

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Health upgrades in South Okanagan and Similkameen forecast to cost nearly $10 million

Capital projects include CT scanner, medical vacuum system, ultrasounds and more

Historical society working to preserve cabin and rename roundabouts in Summerland

Summerland branch of society has taken on duties for former Heritage Advisory Commission

Purchase of Francophone school brings with it “sense of belonging” say parents

École Entre-lacs now has a permanent home in Penticton thanks to the provincial government

Abandoned boats left to freeze on Okanagan Lake cause chaos

Over the last week weather conditions have caused three separate incidents

UPDATE: Jack-knifed semi closes Coquihalla northbound

A red liquid is reportedly spilled down the side of Highway 5

VIDEO: Rare ‘ice circle’ spotted on Kamloops river

An ice circle or ice pan, has formed in the chilly waters just east of the Yellowhead Bridge

Uber, Lyft approved for ride-hailing in Lower Mainland

Kater Technologies Inc.’s application was rejected

B.C. man rescued after getting trapped headfirst in well as water level rose

The rescue involved crews from Oak Bay and Saanich

Investigators in wildfire-torn Australia head to site of B.C. airtanker crash

The B.C. government sends condolences to Port Alberni-owned Coulson Aviation

RCMP investigating sexual allegation against Lower Mainland police officer

Delta officer suspended while the alleged off-duty incident involving a co-worker is investigated

Former Mountie, sports coach convicted of sex abuse in B.C. granted day parole

Alan Davidson was sentenced to almost six years for abusing seven boys in the late 1970s and early 1990s

VIDEO: Person in wheelchair narrowly avoids collision with car in Kelowna

There were no injuries in the scary looking near-accident last week in Rutland

Here’s what Canada is doing to stop the coronavirus from getting in

Health officials are monitoring multiple possible cases in Canada

Most Read