Community Foundation Announces Legacy Endowment Gift from Alice E. Arguimbau
MELBOURNE, Fla., (July 2, 2019) – The board of directors of the Community Foundation for Brevard announces a major endowed gift of $864,530 by Alice E. Arguimbau to create the Frank and Alice Arguimbau Charitable Fund at the Community Foundation.
During her lifetime, Alice Arguimbau created deep roots in Brevard and was a devoted supporter of a number of important causes, ranging from critical social services to the care and preservation of animals and the conservation of aquatic habitats. “Alice knew the Community Foundation would ensure her philanthropy remained true to her heartfelt charitable intentions, while staying relevant and impactful to the place she loved best,” said her attorney Charles Nash.
“It is our profound honor to be entrusted with Mrs. Arguimbau’s legacy. Her tremendous vision and generosity will forever improve on the beauty, health, and vitality of the community we call home,” said Theresa Grimison, Community Foundation President & CEO.
About Community Foundation for Brevard
Founded in 1981 as an independent 501(c)3, not-for-profit organization, the Community Foundation for Brevard serves as a catalyst and resource for philanthropic individuals and organizations to grow, enhance, and sustain Brevard’s quality of life. The Foundation manages funds that benefit charities by protecting the investment, achieving growth, and stewarding donor intentions to provide a perpetual source of revenue to causes donors choose. For more information about the Community Foundation, visit cfbrevard.org.