Putting Our AUM Fees to Good Use

As 2020 was a year like no other and has negatively impacted the economy and caused unfathomable needs for so many families and businesses, we wanted to share what Harbor has done with some of the AUM (Assets Under Management) fees that we collect from clients to help support our community.

Harbor Wealth Management has made yearly donations to nonprofits on our clients’ behalf for a long time, choosing charities that address food insecurity, support for veterans, help for the homeless and victims of natural disasters, and reading education for young children.  As a result of the impact of the shutdowns due to COVID-19, Harbor doubled up on these regular donations recognizing that nonprofits are seeing unimaginable needs this year. With the cancellation of our biannual client appreciation party, we made additional donations to charities that provide health and food assistance. To provide as much help as possible, Harbor made these donations on Colorado Gives Day which allows each charity to get a proportional share of matching funds.

As needs have increased all over our local area, our donations in 2020 have supported a Boulder nonprofit to provide rental support to survivors of domestic violence, helped the food bank provide over 5,100 nutritious meals to families struggling with food insecurity, provided emergency support to families suffering through the historic wildfire season in Colorado, encouraged a love of reading and supporting literacy in children as they struggle with remote learning,  provided affordable homes and shelter to local families living in poor conditions, enabled support for frontline healthcare workers and their families with food security and PPE, and enhancing medical care for those with Covid-19 while also supporting efforts to allow everyone access to quality healthcare in these very difficult times.

Harbor is very grateful to be able to give back to our local, regional, and national community as needs continue to grow in these times that are challenging for so many.

By Denise Givens

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