We have news of an exciting proposal from the Community Foundation of the Great River Bend, which manages a part of our endowment. They have set aside a challenge pool of $100,000 to be distributed to the first 20 non-profit groups in the area that can raise $15,000 from at least 10 donors. Groups that meet this challenge will receive an additional $5,000 toward their endowment from the challenge pool. It is important to note that the money raised must be in this calendar year and must be a paid donation, not a pledge or payment on an earlier pledge. If a group raises $30,000 the $5,000 match may be used for operating expenses OR it may go to the endowment, whichever the group prefers.
A healthier endowment is one way in which we can assist our operating funds during challenging times. Interest from this money helps pay our regular bills and ensures a more secure future. If you would consider a contribution to this effort now, in any amount, we would be very thankful. No donation is too small...or too large! We are already at $4,600 as of today, with four leaders contributing! Can I count on you making this sum grow at a fast and furious pace?
The last time a challenge of this nature was made the money was distributed in six months, despite setting a deadline until the end of the year. Please do not wait; send in a check ASAP. Your check should be sent to GAHC for tally purposes, but made out to The Community Foundation of the Great River Bend (CFGRB) and marked GAHC Endowment Challenge. We will keep track of our progress and let you know how the fund is growing. Wouldn't it be great if GAHC were to be one of the first groups to meet the challenge?
Thanks in advance for helping! I look forward to your solid support!
Janet Brown-Lowe, Executive Director