New Community Foundation fund honors Fred Sears II
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.