Nonprofit agency funds help ensure financial stability for hundreds of Maine nonprofits

The LifeFlight Foundation is one of the hundreds of Maine nonprofits to entrust MaineCF with long-term investments through nonprofit agency funds.

Every three hours, a critically ill or injured patient is transported to a hospital by LifeFlight of Maine. That is nearly 3,000 patients per year who rely on LifeFlight to ensure patients receive the specialized care they need.

This transportation service is crucial in a large, rural state like Maine, where the nearest hospital could be an hour away from a person in need. LifeFlight’s aircraft, medical equipment, crew training and more are supported by the nonprofit LifeFlight Foundation, which relies on contributions to help sustain LifeFlight’s services.

"There’s literally no way that we could have the level of investment, expertise and advice without the Maine Community Foundation."
- Kate O’Halloran, Executive Director, LifeFlight Foundation

To help ensure financial stability for Maine people in need of critical medical care, the LifeFlight Foundation entrusts its investments with MaineCF through nonprofit agency funds. Nonprofit agency funds are simple and effective ways to take advantage of the foundation’s professional investment management services to help financially sustain organizations into the future. Nearly 300 Maine nonprofits utilize MaineCF’s resources with their endowments and other long-term funds so their services are viable well into the future.

To learn more about investment services for nonprofits, contact Liana Kingsbury, senior director of nonprofit agency funds, at lkingsbury@mainecf.org.

Posted in Report to the Community.