The Luke & Allyson Copeland Endowment supports Pasadena Community Foundation’s grantmaking in the area of education. This is a Fund for Pasadena, which will support local organizations working to sustain and uplift our community.
When Rick and Mariver Copeland’s twins were five years old, they envisioned a way to bring philanthropy into their children’s lives as more than just an abstract ideal. Establishing an endowment in the children’s names with the Pasadena Community Foundation presented an ideal opportunity to teach them how to put altruism into action.
Rick’s parents, Jim and Sandy Copeland, helped establish the fund. “When Rick and Mariver suggested we create the endowment to help the twins learn first-hand the benefits of charitable giving, we thought it was a wonderful idea — for our grandchildren and for the Pasadena community,” said Jim.
Rick and Mariver are committed to growing the endowment, so that when Allyson and Luke are grown they will understand the power of investing in the community and helping others.
The Power of Endowment
Endowments are the cornerstone of PCF’s mission to build hometown legacies. The corpus of each endowed fund is invested with PCF’s portfolio for long-term growth. Each year, the endowments generate the funds that support PCF’s local grantmaking, which enriches the arts community, protects our environment, provides health care and critical social services, and bolsters public education in Pasadena. Endowments are permanent legacies for our community; these funds will continue to grow and provide philanthropic support forever.