A local charity has bounced back from the big losses many suffered after the stock market crash in 2008.
North Okanagan Community Foundation president Mike Tindall (pictured) says they've managed to rebuild their assets. "After the crash in 2008, we were down below 8 million dollars, so to be up close to 12 million now is excellent. We have a wonderful investment committee, and they do a beautiful job of investing our money." The foundation has handed out more than 350-thousand dollars in grants, including 15 thousand to the Vernon Community Music School. Tindall says 35 groups applied for the discretionary funds, and 14 were successful. He says their committee changed their approach this year, giving-out larger grants, to fewer groups. The Caravan Farm Theatre was another one of the recipient.There was another 280-thousand in directed grants, which are from donors who direct where the earnings should go each year.
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