BY KAREN BOSSICK
The Croy Canyon Ranch Fund has been transferred to The Senior Connection, offering the Senior Connection an endowed fund overseen by the Idaho Community Foundation.
The Foundation will send a grant every spring to the Senior Connection for whatever purpose its board decides.
The Croy Canyon Ranch Fund was set up as part of efforts to build a retirement village offering independent, assistive and skilled nursing care in Croy Canyon near the location that Mountain Humane now sits on. But the campaign ended in 2013 after Blaine County commissioners elected to turn over skilled nursing care to Safe Haven Health Care.
Over the past decade, the board of the Croy Canyon Ranch fund and of the Blaine Senior Services Fund has provided more than $100,000 in grants to various charitable organizations that benefit seniors in Blaine County.
The funds from the BSSF have been fully distributed and that fund has been terminated. But the Croy Canyon Ranch Fund was an endowment fund that allowed for smaller annual distributions in perpetuity for the benefit of Blaine County seniors.
The board decided this year that the best use of the yearly distribution from the endowed CCRF would be to provide secure and reliable funding to the Senior Connection. And, so, the members of the Croy Canyon Fund Board recently presented the Senior Connection’s Teresa Beahen Lipman and Jovita Pina-- the outgoing and incoming directors of the Senior Connection--the news that the fund was being transferred to the Senior Connection.
“The directors of the Croy Canyon Ranch Fund are grateful to al of the people and organizations that donated to the original Croy Canyon Ranch Foundation and hope they are glad that the funds will continue to assist Blaine County seniors,” said Anne Jeffery.