NACFOR Legacy Fund
Nakusp and Area Community Forest (NACFOR) is a stand-alone entity, registered as a corporation in BC, with the Village of Nakusp as the sole owner and shareholder.
One of the objectives of NACFOR is to disburse profits from operations, net of operating capital, to the local area.
The Village of Nakusp’s NACFOR Legacy Fund Bylaw #653, 2014 established the Community Forest Legacy Fund so the Village can receive the declared Dividends from NACFOR and invest them for future disbursement to worthwhile community projects. Funds may be distributed within Electoral Area K and the Village of Nakusp; and to the Summit Lake Ski Hill. 25% of the monies deposited to this Fund will be for distribution to projects benefitting Arrow Park South to Edgewood.