The LifeCare Ambulance Service Endowment Fund has been established with the Michigan Gateway Community Foundation for the purpose of supporting its mission of advanced life support, emergency and non-emergency medical transport and patient care in the Cass County service area.
Michigan Gateway Community Foundation President Rob Habicht is pleased to welcome the newest fund. “The board of directors for LifeCare Ambulance Services has made a significant decision regarding the delivery of important medical services to residents in Cass County,” Habicht said. “An endowment is permanent, and LifeCare Ambulance Service will be served forever because of the foresight and thoughtful decision to set up this endowment fund. They should be commended and congratulated for their leadership.” The concept of endowments is to grow the funds to keep pace with the needs of the beneficiary, in this case the citizens of Cass County via the provision of ambulance services in the community.
Through a combination of contributions from individual donors and the ambulance service, sound investment management and a spending policy limiting grants to only the earnings of the fund, the new endowment will support the delivery of medical services in the county now and forever. MGCF serves south Berrien and Cass counties. The foundation manages more than 75 endowment funds, with combined assets of more than $6.5 million. In 2009, more than $220,000 in grants was made from these funds to provide for the charitable needs in south Berrien and Cass counties.
LifeCare Ambulance Service is a non-profit agency providing emergency and non-emergency medical care and transportation throughout central Cass County, including Calvin, Jefferson, LaGrange and Penn townships and Cassopolis and Vandalia villages.