Oak Bay News, February 20, 2013

Page 1

On the move Feys and Hobbs moves on to another chapter. Page A5

NEWS: Liquor pricing affects consumption /A3 ARTS: Painting and music mix at art workshops /A10 SPORTS: Oak Bay junior boys head to Islands /A13

OAK BAYNEWS

BOORMAN’S SINCE 1933

80 Real Estate, Insurance & Property Mgmt.

2045 Cadboro Bay Rd.

250-595-1535 boorman.com

Watch for breaking news at www.oakbaynews.com

Wednesday, February 20, 2013

Spring cleaning David Bell uses a brush and plenty of elbow grease to clean his sailboat Shindig at the Royal Victoria Yacht Club. Sharon Tiffin/News staff

Victoria Foundation expands hand-up mandate New initiatives look to enhance giving, foster non-profit activities Don Descoteau News staff

After reading the signs and considering possible directions, the Victoria Foundation is taking new steps toward creating the transformational change Greater Victoria needs to grow more healthy, vital and vibrant.

Following the publication last fall of its eighth annual Vital Signs report, which analyzes and grades various indicators of health and progress in the Capital Region, the foundation has unveiled two new initiatives. The first, the Community Knowledge Centre, is an online resource containing detailed information on local not-for-profit and charitable organizations. The goal, said foundation board chair Deirdre Roberts, is to make it easier for foundation donors and other interested parties to target local programs and projects that need support. A search function allows website users to

OAK

BAY

tomf@vreb.bc.ca

250-360-4821

drill down further and find listings for organizations that support a particular population, serve a specific geographic area or address particular issues in the community. “The community can find out how to contribute to immediate needs and the organizations themselves can discover ways of working together to help address complex issues,” Roberts said. Vital Loans, the second of the two initiatives unveiled Monday at Government House, is designed to provide non-profits with up to $500,000, financed over 36 months, to undertake projects or program

enhancements. Victoria Foundation and Island Savings Credit Union have created a Vital Loans fund, from which donor investments will act as collateral for organizations that wouldn’t generally qualify for a conventional loan. Island Savings chief financial officer Bill Snell said the loans can be used either to cover costs associated with a specific project, or to cover operational costs while groups plan a special project that may have a future revenue stream. PLEASE SEE: Opera benefits from loan, Page A9

This brand new west coast modern design has a seamless flow from indoors through fir Pella sliding doors to the carefully landscaped private garden with west and south patios. Many wonderful features include 10 ft. ceilings, wide plank white oak floors, a dream custom kitchen with high end appliances, floating staircase of fir, glass and stainless steel. Master on the main, spa-like bath, gorgeous custom cupboards throughout. Heat pump, on-demand hot water, heated tile floors, 3 gas fireplaces, multi room speakers system. 3 bedrooms upstairs and a separate basement suite with kitchen, laundry and in floor heat. All located at the end of a secluded cul de sac in a very private sought after location. Offered at $1,750,000

Buying or selling in Oak Bay? Give me a call. Area specialization does make a difference!

Royal Le Page Coast Capital Realty INDEPENDENTLY OWNED AND OPERATED


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