Jane’s Gift Fund

AT LAST!

After 17 years the Beacon of Hope is finally in a financial position to start an endowment. And we did. How you ask? Here’s the story.

The Beacon originally came into being following the devastation our Island suffered as a result of Hurricane Charley. It was considerable. Immediately following Charley we were supported by organizations such as the Red Cross, FEMA, the National Guard, plus others both state, local and national. After a few weeks, these entities pulled out of Pine Island. Community leaders along with four churches, St John’s, Our Lady of Miraculous Medal, Pine Island United Methodist, and Fishers of Men Lutheran realized that members of our community were still in need of a great deal of help. They formed an organization called Pine Island Long Term Recovery. This name remained for a few years then morphed into Beacon of Hope Pine Island Inc which is the official name of the Beacon.

When the Beacon was started it was strictly a “community service” type of organization. Early on the Board realized that a sustained income stream was needed and the Attic, our Thrift Store, was started. It now generates about 45% of our annual revenues with the remaining 55% coming from donations within our wonderful Pine Island community, grants we have been awarded, and our fundraising activities.

Fast forward to January, 2020. Our Board President at that time was Jane Bennington. She passed away suddenly. The donations that were received during the funeral were donated by her family to the Beacon. The amount was about $5800 dollars. So that this gift would keep on giving, at our Board meeting we discussed the possibility of starting an endowment in Jane’s name.

Then, COVID hit and the Attic closed. The funds were put aside. We did not know if they would be needed to support our community during those uncertain times. Fortunately, due to the generosity of our Island community, we were able to keep our Community Services department going without ANY closures and without turning away even ONE client who came to us asking for help. We are proud of this record.

We did not need to use the $5800. So, at our recent Board meeting, it was decided to go ahead and start our endowment. The funds were placed with the Southwest Florida Community Foundation DBA as Collaboratory.  The fund is called “Jane’s Gift Fund” for the Beacon of Hope Pine Island Inc.

We at the Beacon look to a bright future from Jane’s Gift.