In the third of a series on RCFC's Charitable mission, Chair Eric Peterson (via Rob) reported on the Legacy Fund's recent activity and current status. The Legacy Fund was created to develop and provide a permanent source of supplemental support for RCFC's charitable and humanitarian mission in the Fort Collins area. At the end of December 2019 our Fund had a value of about $604,000. During the most recent annual giving, 69 members of our club donated $13,500.In March of 2019 the Fund made the first of what will be annual support distributions to RCFC Charities in the amount of $20,000.00. The distribution is based on four percent of a three year average value of the Fund’s current assets. The 2019 annual distribution plus gifts from the members directly to Charities and proceeds from fund-raisers, allowed our Rotary Club to make grants in 2019 to many non-profit organizations to benefit disadvantaged people in our community.
Examples are: Project Self Sufficiency; The Easter Seals Career Academy; The Larimer Humane Society; The Coats and Boots program for needy students in Poudre R-1; La Familia; Alliance for Suicide Prevention; Children’s Theater; Charis Youth Ranch; Respite Care; and others.
When America’s economy settles down, the Committee will consider long-term goals for the Fund. For now, the trustees simply
encourage all Rotarians to consider supporting the Fund, even in modest amounts.
Our smallest donation last year was $5, and our largest was $1,000.00. All are gratefully received. We want to see our base of support
grow in numbers. Other Rotary Clubs with an endowment fund such as ours have 100% member participation, and we hope to move toward that.
Examples are: Project Self Sufficiency; The Easter Seals Career Academy; The Larimer Humane Society; The Coats and Boots program for needy students in Poudre R-1; La Familia; Alliance for Suicide Prevention; Children’s Theater; Charis Youth Ranch; Respite Care; and others.
When America’s economy settles down, the Committee will consider long-term goals for the Fund. For now, the trustees simply
encourage all Rotarians to consider supporting the Fund, even in modest amounts.
Our smallest donation last year was $5, and our largest was $1,000.00. All are gratefully received. We want to see our base of support
grow in numbers. Other Rotary Clubs with an endowment fund such as ours have 100% member participation, and we hope to move toward that.