Community Foundation Introduces "Oskamp Family Fund"

WESTPORT, Wash. - In the memory of Elizabeth and Stanley Oskamp their family has decided to start a new Donor Advised Fund at the Grays Harbor Community Foundation titled the Oskamp Family Fund. This fund has the intent to award two scholarships each year starting in 2013, as well as benefit other South Beach Area Nonprofits through charitable distributions.

 “We are pleased to be able to help the Oskamp Family achieve their philanthropic goals and keep the charitable legacy of their late parents alive by contributing to their community.” Said Jim Daly, Executive Director.

The Elizabeth and Stanley Oskamp Scholarship(s) this fund will establish shall be awarded with preference to graduates of Ocosta High School and/or Westport residents.  Preference is for one scholarship to be awarded to a female, and one scholarship to be awarded to a male.  If both a qualified male applicant and a qualified female applicant are not identified, the scholarships may be awarded to two males or to two females. The intent is that two scholarships be awarded annually.

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Rich Vroman, Scholarship Committee Chair, echoed “We are thrilled to see this opportunity established for Westport students. This Scholarship will be a wonderful opportunity for those in the South Beach area looking to go on to that next step.”

The Grays Harbor Community Foundation is a 501(c)(3) organization with a mission “to improve the quality of life in the communities throughout Grays Harbor County.”  This is accomplished through many projects and processes that work through or in support of other non-profit organizations, including a quarterly discretionary grants cycle with applications accepted on the first business day of January, April, July and October.

Tax deductible donations may be made to:

Grays Harbor Community Foundation, P.O. Box 615, Hoquiam, WA 98550

You may find out more by checking the foundation website:  www.gh-cf.org or you may contact the Foundation staff at 532-1600 or by e-mail at:  info@gh-cf.org.

A donor advised fund offers interested donors an easy and affordable way to simplify their charitable giving, become more involved in local philanthropy, and not incur unnecessary expenses in the process.

Many donors consider donor advised funds an attractive alternative to establishing a separate private foundation.  Donor advised funds at a local community foundation make sense for a variety of reasons:  from being connected to the local nonprofit community and receiving personal, local service, to receiving greater tax benefits and discovering more local giving opportunities than they might find on their own. 

For a complete comparison of donor advised funds and private foundations, click here.