More than 40 years ago, Frank and Margaret Spain had a vision of what their beloved city could be. They helped to make that vision come true — and they are still helping, long after their deaths, thanks to a $3 million bequest to our community.
As community leaders and lovers of education, the Spains saw the potential of bringing the University of Alabama Medical Center to what was then a bustling center for manufacturing. As two of UAB’s earliest benefactors, they worked during their lifetime to prepare for a future when the skyline would include more skyscrapers than smokestacks.
Because of the Frank E. and Margaret Cameron Spain Fund and other Community Funds that make up the permanent endowment of the Community Foundation, we continue to support the economic engine that UAB has become, with grant such as the recent support of the buildout of Innovation Depot.
Forty years after the Spain Fund was established in 1972 with a $3 million bequest, this part of our permanent endowment has grown to $20 million, while awarding more than $32 million in strategic grants to nonprofits across our five counties.
You can make a gift today on-line in any amount to be part of great work like this. Or you can include the Community Foundation in your will and be sure of having your hand on our ocmmunity’s future forever. Contact Erin Stephenson to find out how.