Type to search

News Nonprofits & Philanthropy

New Community Foundation fund honors Fred Sears II

Avatar photo
Share

The Delaware Community Foundation has established a Fred Sears Community Engagement Fund in recognition of its retiring CEO Fred C. Sears II.

At a ceremony last week, a check for $120,000 was presented to officially open the donor-advised fund that will enable Sears to direct grants to key community initiatives. The initial donations came primarily from board members.

“Fred has lived, eaten and breathed DCF for well over a decade. His time, energy and creativity have been pivotal in steering an expanded course for DCF, one that represents a more active leadership role and collaboration with the Delaware community.”

Under Sears’s direction, assets under management have more than doubled to more than $270 million, and more than $68 million in grants has been awarded to community organizations.

To contribute to the Sears fund,” go to www.delcf.org and use the search function to find the fund.

Get the free DBT email newsletter  

Follow the people, companies and issues that matter most to business in Delaware.

You Might also Like

Leave a Comment

Your email address will not be published. Required fields are marked *

Premier Digital Partners

© 2024 Delaware Business Times

Important notice for access to your Delaware Business Times “Insider” content

Flash Sale! Subscribe to Delaware Business Times and save 50%.

Limited time offer. New subscribers only.

Limited time offer. New subscribers only.

SUMMER FLASH SALE!

Subscribe to Delaware Business Times and save 50%