An Endowment is an investment that a charitable organization establishes to provide an unending source of funds for its charitable purposes. In our case that means funding for priority medical equipment and health programs of Central Health.
It is a permanent investment in which the principal, or original investment, remains intact to generate a continuous source of revenue. In other words, we only spend the earnings (ie. interest and dividends) and not the principal. Once the value of the endowment reaches a predetermined level, the charity begins to spend only the interest earned on the original investment.
An endowment allows us to plan for uncertainty in the future by generating a steady source of income. A gift can be made by an individual or company at any point in time throughout the year.
For those that would like to see an Endowment fund created in the name of a family member or company, our Executive Director would be pleased to work with you to ensure that a fund is established which will create a lasting legacy. If you would like more information, please feel free to call Wendy at (709) 292-2393.
CENTRAL WHEELCHAIR BUS
Wheelchair accessible buses have a huge impact on the quality of life of people living in long term care homes as without them, they often have no hope of ever leaving the grounds of the facility.
Central Health and the South and Central Health Foundation both recognize this need and have partnered to be able to provide this comfortable, safe and wheelchair accessible transportation to be shared by residents living at Dr. Hugh Twomey Health Centre in Botwood, the Carmelite Seniors Home and the new long term care home in Grand Falls-Windsor. Your support of this new Wheelchair Accessible Bus is essential to the residents’ quality of life. To learn more on the Wheelchair Accessible Bus project and those who will benefit, visit or NEWS section on this website. If you would like to support the Central Wheelchair Bus project you can do so through our Donate Button below.
Alternatively, you can mail your donation to:
Central Wheelchair Bus Project;
South and Central Health Foundation
P.O. Box 739
Grand Falls-Windsor, NL A2A 2K2
Any organization, family or business donating $10,000 or more to the Bus project will have their name/logo displayed on the bus.