April 3, 2024

First Managed Fund – Lehigh City Park

The first managed endowment of the Hillsboro Community Foundation was established in 2008 to create a city park endowment fund for the Lehigh community.  Proceeds received from the sale of the Lehigh Senior Center building were placed with HCF for the future maintenance and improvement of the Lehigh city park.

The fund is an example of a designated endowment with a specific purpose for the use of the earnings from the fund.  As a managed fund, members of the Lehigh City Council serve as the Fund Advisor, with the authority to make decisions for the fund.

It also represents HCF’s commitment to serving the broader area of our region, generally defined as the USD 410 School District.