The Litchfield Area Community Foundation Endowment Fund | | $100,000 $80,000 $60,000 $40,000 $20,000 Growth
As of 12-28-07, the endowed fund stands at $100,012.73
| | We exceeded our goal of $100,000 in our permanent Endowment Fund by the end of 2007.. Thanks to all of our generous contributors. | | As of 12-28-07, the endowed fund stands at $100,012.73. That includes the full matching grant from Southwest Initiative Foundation of $25,000. | Click here to see our "Founding" contributors. All Contributors | Become a contributor. Click here to download a printable donation form. Thank you very much. Your contribution is appreciated. |
Our Goals | On Dec. 14, 2005 we reached our first goal of receiving the maximum in matching funds from the Southwest Initiative Foundation which is $25,000. Thank you for helping us reach our next goal of $100,000 in December of 2007. | What We Can Do With $100,000 | Annually we can grant 5% of our Endowment fund back to the community. That means that with an endowment fund of $100,000 we could grant back to the community $5,000. (The first 5 years we are on a rolling average) And our Endowment fund will never decrease. It will continue to grow and continue to give back to our community. | Our next goal is $500,000 in our Endowment Fund. Please help us in the next phase of fund raising. Thank You! |
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