For Immediate Release Thursday, September 14
Contact: Lise Abazs, Executive Director 218-353-1438
North Shore Area Partners Launches $50K Matching Endowment Fund Campaign to Support Elders Living in the Heart of Minnesota’s North Shore. Silver Bay: North Shore Area Partners (NSAP) of Silver Bay has been generously supported by local individuals, businesses, and organizations since our incorporation as a nonprofit in 2003. Over the years we’ve been asked by donors for a way to support NSAP in the long term, and we are excited to announce that we now have an opportunity for supporters to do just that. At the end of July, we opened an endowment fund through Thrivent Charitable Impact & Investing, and a local, anonymous donor is offering to match up to $50,000 of contributions through the end of 2023. North Shore Area Partners is a nonprofit organization serving elders 60+ living in the heart of the North Shore, including the communities of Beaver Bay, Silver Bay, Isabella, Finland, and Little Marais. Established in 2003, we’ve worked to support older adults who wish to remain living in their own homes as long as possible, and we’re proud to serve over 500 individuals per year with a variety of services such as, care navigation, in-home care, assisted transportation, caregiver support and more. We value the dignity and worth of all people and are helping create a community that is welcoming and friendly to all ages. A community that finds common ground and purpose in growing through life changes together. Why an Endowment Fund Now? Under the direction of its very capable leadership, NSAP has been extremely successful in leveraging both public and private grant funding sources. The organization has taken advantage of a number of pandemic-associated special funding sources and single purpose sources in its recent growth and capital expansion while maintaining a healthy operating reserve. Annual gifts from donors have also grown in support of where we are now.
The next 5-10 years will present us with some new challenges, however. Funding sources will become increasingly competitive as the need for aging services both nationally and locally continues to increase. Now we are looking for our community to invest in a new way helping to ensure our financial future as we continue to meet the needs of aging adults in our community. If you’re interested in contributing to NSAP’s endowment fund, please reach out to Executive Director, Lise Abazs at 218-353-1438, or email email@example.com to get in touch with a committee member.