Did you know that both Grandpa George and Grandpa Dean were on the Board of the Golden and District General Hospital? At the time of his death, in 1971, Dean was the Board Chair. My thought for this fund is to support health and wellness, but we would like to hear your opinions! Yes, yours, too.
The process involved in starting a fund like this is that every year we raise a large pot of money that will go into our named fund. Before our fund grows to $10,000, the interest can be granted as part of the Foundations' Endowment Funds. It may take us several years before we're ready to start giving our own grants, but in the meantime we'll have the perfect place to make any community donations or large birthday presents (*cough *cough - dad/grandpa).
The process involved in starting a fund like this is that every year we raise a large pot of money that will go into our named fund. Before our fund grows to $10,000, the interest can be granted as part of the Foundations' Endowment Funds. It may take us several years before we're ready to start giving our own grants, but in the meantime we'll have the perfect place to make any community donations or large birthday presents (*cough *cough - dad/grandpa).
Our family has a legacy in the buildings and institutions that make up our home town, and we can continue that legacy with financial support far in to the future.
Please share in the comments below if you would like to support the creation of this fund - and where you think any monies we raise should be directed.
I think this is a fabulous idea mom! I'm on board!
ReplyDeleteI think this is a fabulous idea too. I am on board too.
ReplyDeleteHow to we donate?
ReplyDeleteI think that first mom wants to make sure everyone wants to be involved, then we pick a name for the fund. Once we have a name (I'm hoping a week or two) - we can start donating!
ReplyDeleteI love this idea! I think that it's perfect for our family. We have so much tied up in the community of Golden.
ReplyDeleteThis is pretty much awesome.
ReplyDeleteSo, What exactly is the difference between a "Family" fund and all of the other funds that can be set up through GDCF?
ReplyDeleteThe idea behind a family sponsored fund is that it offers a sort of legacy for us - a way to contribute to the community in a long term, meaningful way that is in the name of our families. Mom was telling me that the family would have the option to be very involved in the grant giving process or take a hands off approach - it depends on how involved people want to be beyond donations.
ReplyDeleteMom might be able to answer that better - does that make sense?
Jessie, your answer is correct. Thanks for all the support. Now to hear from a few more...
ReplyDeleteYou said you wanted to do it now now you have. I think it is a wonderful idea and Bob will love it too. Let's make sure Jared hears about it as he's saying all he wants for Xmas is donation to some cause.
ReplyDelete