Printer Friendly
The Free Library
14,610,896 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Harry and Grace Steele Foundation Announces $15 Million Gift to Preserve Dana Point Headlands Forever.


NEWPORT BEACH Newport Beach, residential and resort city (1990 pop. 66,643), Orange co., S Calif., on Newport Bay and the Pacific Ocean; inc. 1906. It is a popular seaside resort and yachting center. Manufactures include electrical and medical equipment, computers, boats, and adhesives. , Calif. -- In 1840, Richard Henry Richard Henry is a name that may refer to several people:
  • Richard Henry (pseudonym), pseudonym credited on collaborative works of authors Richard Butler and Henry Chance Newton
  • Richard Treacy Henry (1845-1929), New Zealand naturalist and conservationist
 Dana, in his book "Two Years Before The Mast (Naut.) as a common sailor, - because the sailors live in the forecastle, forward of the foremast.

See also: Before
," called it "the only romantic spot in California." And the Harry and Grace Steele Foundation of Newport Beach has taken steps to ensure that it never changes.

After more than five years of research and negotiation, the foundation is announcing a $15 million gift which provides for the acquisition, preservation and maintenance "in perpetuity Of endless duration; not subject to termination.

The phrase in perpetuity is often used in the grant of an Easement to a utility company.


in perpetuity adj. forever, as in one's right to keep the profits from the land in perpetuity.
" of the awe-inspiring and majestic 29.4-acre Headlands promontory promontory /prom·on·to·ry/ (prom´on-tor?e) a projecting process or eminence.

prom·on·to·ry
n.
A projecting part.



promontory

a projecting process or eminence.
, which is, in fact, Dana Point.

The site, arguably the most beautiful and historic piece of undeveloped coastal property in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, , will be preserved and maintained forever as a passive nature preserve for the people of California.

"It has been a long cherished wish of our family to provide future generations of Californians an unspoiled, beautiful venue with a magnificent view of the Pacific. We made this grant to preserve forever an inspiring piece of the beautiful California coast and of California's history," said Mrs. Audrey Steele Burnand, daughter of the late Harry and Grace Steele and president of the foundation.

"The nature of the gift, the recipient organization, and the specific plans for the site, were the result of years of research, study and commitment by the foundation. During that time we had the opportunity to work closely with Sherry Teresa, the founder of the Center for Natural Lands Management, which will now own, manage and preserve this wonderful place," Mrs. Burnand said.

The new owner of the property, CNLM CNLM Center for Natural Lands Management
CNLM Center for Nonprofit Leadership and Management (Arizona State University) 
, headquartered in Fallbrook, CA, is a highly regarded non-profit natural resources preservation and management organization, nationally recognized for its stewardship of environmentally sensitive areas. It is currently managing more than 52,000 acres of natural habitat at sites throughout California.

The Steele Foundation, one of Orange County's oldest and most respected philanthropic organizations, has made prior contributions of more than $150 million since 1954, primarily to projects and organizations within the county.

(Further information on the Steele Foundation and the Headlands site available on request.)

Note to Editors: Photo available upon request.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Feb 2, 2006
Words:343
Previous Article:Japan Air Commuter Signs For a Bombardier Q400.
Next Article:Anadarko Proposes Stock Split, Declares Dividends.



Related Articles
SANTA CLARITA RESIDENTS PRAY AT ANNUAL EVENT.(News)
BENEFACTOR SHEDS SECRECY, MOST OF FORTUNE.(News)
A COZY STAY IN ANNIE'S ROOM AT THE HEADLANDS : B&B REVIEW.(TRAVEL)
Coatings Industry Education Foundation.(Educational Guide)
Memorial fund reaches $101m.
The man upstairs.(Everything You Always Wanted to Know about God (but were afraid to ask))(Book review)
Gifts with strings attached: restricted giving doesn't have to leave an institution in a tangle.
SCHOOL LOBBYIST HITS PAY DIRT CRITICS SEE CONFLICT IN REPRESENTING BOTH LAUSD AND ITS CONTRACTORS.(News)
Sal Army continues processing burger queen's gift.(SPECIAL REPORT: NPT TOP 100)(Salvation Army)(Joan Kroc donation)
Friends of the reporter.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles