Established in 2014 as part of the AAACF, the Dexter Community Fund (DCF) is a permanent endowment dedicated to enriching the quality of life of everyone who calls Dexter home. Established in 2014 by a group of passionate Dexter residents, the Dexter Community Fund (DCF) is a permanent endowment that will benefit the community and residents of Dexter. As a source of permanent community capital, th
e DCF will be available to support and invest in a wide range of community initiatives, projects, and organizations that enrich the quality of life in Dexter across a number of areas: arts and culture, education, the environment, youth, senior services, health and wellness, human services, and/or community improvement. The Dexter Community Fund is also a vehicle for those interested in supporting Dexter to give back to the community. Members of the DCFโs initial Advisory Committee have made personal contributions to establish the Fund and to kickstart fundraising efforts, with hopes that additional contributions from local residents, businesses, community groups and anyone with roots or ties to Dexter will help grow the Fund. The vision for creating a permanent community endowment for Dexter originated more than ten years ago with Julie Schumaker, a local resident and member of the Dexter School Board. Schumaker shares, โI wanted to create a vehicle for those of us who love Dexter to be able to say thank you and financially support the community in perpetuity.โ Early in 2014, Schumaker partnered with Ann Davis, another long-time Dexter resident, to explore the possibilities and find a way to make it happen. The pair recruited an Advisory Committee comprised of other local residents and community leaders with expertise in finance, law, business, education, government and the non-profit sector. The AAACF was founded over 50 years ago on the idea that, by building a permanent endowment for the local community, more could be accomplished together than individuals could accomplish on their own. Today, AAACF manages over $75 million in assets and has improved thousands of lives through $35 million in grants and scholarships.