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November 8, 2002     Cape Gazette
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November 8, 2002

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DCF announces Sears as new president and CEO The Delaware Community Foundation (DCF) recently an- nounced Fred C. Sears II will be- come its President and CEO, ef- fective Dec. 2. "Fred Sears has the right combi- nation - a long career in banking and a lifelong commitment to the Delaware community," said D. Wayne Holden, chair- man of the DCF board of directors. "This expe- SEARS rience has pre, pared him to lead the foundation toward its goal of increasing fund- ing to causes that matter to Delawareans and addressing is- sues that are important to our community," he said. Sears is president of Commerce Bank/Delaware. He has led the introduction and growth of the in- stitution in Delaware since it be- gan operations in the state. Since its 1999 start-up, the bank has grown to $200 million with six branches in New Castle Coun- ty. Sears will continue to serve as a member of the Commerce Bank/Delaware board of direc- tors. The Delaware Community Foundation, begun in 1986, is a collection of more than 350 chari- table funds created by individuals, families, businesses and organiza- tions dedicated to improving the quality of life in Delaware. These charitable funds, together with the DCF's own unrestricted fund and that of a supporting or- ganization, today total more than $110 million. Since its inception, the foundation has distributed more than $38 million in grant s to benefit health and human servic- es, educational, cultural and other organizations in Delaware. Sears and his wife JoAnn have two adult sons and reside in Greenville. I I Seminar Continued from page 20 public health and safety and cul- tural resource protection." Seminar attendees will learn about the many benefits that open space provides to the community. In addition, local groups will share their ideas in how to finance and protect open space. The semi- nar is also designed to build rela- tionships that will lead to innova- tive partnerships in open space planning and natural resource pro- tection. Featured speakers include Ed McMahon, vice president and di- rector of the Conservation Fund in Arlington, Va. McMahon is the author of eight books and more than 150 articles on topics related to sustainable development, greenways, land conservation, growth management, urban de- sign, tourism and historic preser- vation. His presentation will focus on the economic, historical and social benefits of better develop- ment. I Also speaking will be Jim Gib- bons, a land-use educator at the University of Connecticut and codirector of the Nonpoint Educa- tion for Municipal Officials (NEMO) based at the University of Connecticut. NEMO focuses on the water quality impacts of land use decisions. In his presen- tation, Planning for Open Space, Gibbons will discuss the nuts and bolts of open space planning and natural resource protection. In addition, Jos6 Alminana and Teresa Durkin will show exam- pies of how their company, An- dropogon Associates Ltd. has in- corporated ecologically and cul- turally sensitive designs into com- munity places. Andropogon is currently involved in the Lewes Canalfrom project. The seminar is $30 per person and advance registration is re- quired. To register, contact Rita Baty at the UD Sea Grant College Pro- gram in Lewes at 645-4346 or email her at The Virden Center is located on Pilot- town Road in Lewes. BRUCE W. CHILCOAT Associate Vice President Financial Advisor Certified Financial Planner (302) 226-5100 (800) 258-3131 Fax (302) 226-5200 Call for Financial Planning Consultation .......... . ........ . ,.+ . . . CAPE GAZETTE, Friday, Nov. S - Nov. 14, 2002 - 21