FORT McMURRAY, Alta. – The Suncor Energy Foundation (SEF) has invested a further $1 million in the recently established Wood Buffalo Community Foundation (WBCF). The new endowment is in addition to Suncor’s promise to match donations up to $500,000 per year for the next four years.
The WBCF aims to provide long term financial support for projects in the areas of social, health, environment, sport, arts, culture and other worthwhile community endeavors. A percentage of the invested income will be granted each year to qualified recipients. The next phase of development is to build the endowment fund so the Foundation can begin providing grants to support community needs.
For more information about the Wood Buffalo Community Foundation visit www.WBCFoundation.ca/.