Westlock Community Foundation
The Town of Westlock was humbled by and in awe of the generosity of Albert and Florence Miller. In life, they were incredible community members that served and supported many groups and organizations within our region. In their passing, they gifted our community with an unprecedented generous opportunity by naming the Town of Westlock in their estate.
In keeping with their spirit of philanthropy and vision of serving the community, we are honoured to share the Westlock Community Foundation is being established as a charitable non-profit organization dedicated to improving our community.
The estate executors are finalizing the disbursement of assets. When that is completed, we will have an accurate value to attach to the bequeathment. For now, it is estimated to be in the range of 5 to 8 million dollars.
Town of Westlock Council has formed a task force comprised of Council representation and community members at large. The Task force’s mandate is to create the Foundation organization, including the necessary governance structure and the underlying principles and policies to ensure a sustainable organization that can positively impact the Westlock region many years into the future. With a focus on investing in building a strong and resilient community in unique and innovative ways; to link donors with specific community needs, and managing long-term endowments to fund strategic granting decisions.
Our members will contribute time, leadership, and financial support to local initiatives, helping donors give back where their communities need it most.
Each Community Foundation is unique, and the Westlock Community Foundation must define its ongoing Mission and the Values that it encompasses. This Mission and Values will drive how the Foundation can impact the Westlock Region now and into the future and will be critical to the continued growth and extrapolation of the potential benefits afforded by this opportunity. Four principle activities support all Community Foundations; fundraising, investment, community needs assessments, community grants.
There is a significant amount of work ahead for the Taskforce in the coming months. The goal is that the Taskforce will have the Westlock Community Foundation established by the end of 2022 to align with the expected timeline of releasing funds from the Miller Estate to the Foundation. We are hopeful that the community foundation will be in a position to receive submissions by the Spring of 2023.