The Homer Foundation’s donation will be the biggest the organization has received since its founding in 1991, totaling $1.2 million. Jules Ravin, a resident homer, and his family submitted the cheque after winning a sizable sum in this summer’s Alaska lottery. In August, Ravin took over $13 million home from the “Chase the Ace” lotto game.
Executive Director Stacey Schultz of the Homer Foundation described his intention to contribute a large amount of money as a “game-changer” for their organization. The contribution consists of $200,000 for immediate use as needed and $1 million for the foundation to invest, ensuring that the money will increase over time.
Ravin’s donation, according to Schultz, provides a lasting foundation for their community. “This was a huge spark for us,” she said. The foundation intends to utilize the money to improve and grow its after-school program, which is still under development.
Ravin and his family desire to remain uninvolved in the process; they trust the community to guide the project. Furthermore, Schultz highlights the importance of community contributions in sustaining the foundation and covering operational costs in the years ahead.
Therefore, with the Ravin family’s generous contribution, the organization will be able to make a meaningful, lasting impact on the community. This Homer Foundation’s donation will help ensure that the organization continues to provide valuable services, offering a resource that can grow and serve the future generation.
This news article was originally published by Alaska’s News Source.
