Otsego Lake Endowment Fund (OLEF)
Fund Objective:
The OLEF (held in trust at Otsego Community Foundation – “OCF”) is designed to be a charitable source of funding to support projects and programs to preserve and protect Otsego Lake.
The Fund IS:
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A long-term funding source for Preserving and Protecting Otsego Lake.
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Funded by voluntary contributions from people with a vested interest in maintaining the beautiful asset that is our lake.
The Fund is NOT:
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A funding source for OLA activities unrelated to lake preservation and protection.
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A funding source for one off projects, promotional events, fireworks, or other unrelated activities.
How the fund works:
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Donations are made to the OLEF endowment fund through OCF.
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Funds are invested in a collective pool with other OCF funds and managed by a professional money management company.
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The funds and the investments are overseen by an OCF advisory committee independent of the OLA BoD.
Fund Facts as of February 28, 2026:
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Inception date: July 1, 2025
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Balance: $83,089
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Donations: $76,439
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Number of Donations: 42
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Range of Donations: $150 to 5,000
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Number of Donors: 41
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Number of Grants awarded to date: 0
Looking to Donate?
Thank you for considering a donation to the OLEF in partnership with the Otsego Community Foundation. Your generous contribution will make a significant impact in supporting local initiatives and enriching our community. Together, we can foster growth and create change. Join us in making a difference today!
