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Fine Arts Trust dissolves, turns over assets Community Foundation of Washington Co.

August 13, 2008

The Board of Directors of the Washington County Historical and Fine Arts Trust (WCHFAT) has voted to dissolve their corporation and turn the assets over to the Community Foundation of Washington County MD, Inc.

A new fund, the Mary K. Bowman Historical and Fine Arts Fund, has been established to carry on the distribution of grants as intended by the will of Mary K. Bowman.

This spring, the trust distributed more than $40,000 in grants. Since 1979, WCHFAT has distributed more than $1 million in grants to nonprofits in Washington County.

Anyone who has an interest in historical preservation and education, or in the fine arts, may support the new fund with a contribution of cash, appreciated stock, life insurance or real property.

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The Community Foundation manages 160 funds valued at more than $15 million.

For information on creating a fund to promote your charitable interests or on supporting an existing fund, contact the Foundation at 301-745-5210 or by e-mail at cfwc@cfwcmd.org.

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