$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

Sternwheelers once plied Okanagan Lake

Vessels once transported passengers and goods along the Okanagan Valley

Fires ignite on Revelstoke’s Mt. Begbie; Kamloops Fire Centre blazes holding

Crews working throughout region over holiday weekend to contain wildfires

QUIZ: How much do you know about British Columbia?

On this B.C. Day long weekend, put your knowledge of our province to the test

New ICBC data shows number of collisions in South Okanagan, Similkameen, by city and street

Penticton, Oliver, Summerland top charts for most vehicle crashes in 2019

VIDEO: Otter pups learn to swim at B.C. wildlife rescue facility

Watch Critter Care’s Nathan Wagstaffe help seven young otters go for their first dip

Reported Big White wildfire dubbed ‘smoke chase’

Crews responded to the area but could not locate a fire

Alleged impaired driver sparks small wildfire near Lytton after crash: B.C. RCMP

Good Samaritans prevented the blaze from getting out of control

Wildfire in West Kelowna’s Rose Valley grows to 3 hectares

The fire was first reported at around 2:30 p.m. on Aug. 2.

Travel restrictions inspiring co-operation in border communities

Small border towns are asking for exemption to travel ban

Man found dead in van on Okanagan road

Foul play not suspected in death of 39-year-old West Kelowna man found in Vernon Saturday, Aug. 1

B.C. First Nation adopts ‘digital twinning’ software to better manage territory

Software allows users to visualize what a mountain might look like if the trees on its slopes were logged

All inquiry recommendations implemented after fatal Port Hardy RCMP shooting: Ministry

The Independent Investigations Office of B.C. cleared the RCMP officers involved of wrongdoing

Most Read