As the New Richland Area Foundation continues to provide grants to various organizations, city departments and the NRHEG schools, it is also about growing the fund.
The fund has grown from $13,929 to $434,713 in just 5 1/2 short years. The NRAF is administered under the family of funds through the Waseca Area Foundation, an affiliate community fund of Minnesota Philanthropy Partners.
Though this year’s granting dollars available was $15,000, the NRAF grants committee continues to be challenged with requests of more than $35,000 each year. Therefore it is our plea to request the community’s help in growing the fund so that more dollars become available to grant each year.
The first Goal Campaign is to reach $500,000 by December 31, 2015. Gifts to the NRAF can be in the form of cash, appreciated securities, real estate, private foundations, life insurance, retirement plan assets, will bequests.
All gifts, large or small, are greatly appreciated and enable the Foundation to be a vital force in this community. The NRAF has been fortunate to receive many, many small donations as memorials, a $13,198 anonymous donation, and a $28,000 gift of grain and a bequest of $320,000 from the Don Hamilton Estate.
For more information in how you can help grow the fund, you can contact any of the NRAF Grants Committee member’s of Gail Schmidt, Pam Goehring, Matt Harrington, Kermit Schoenrock or Nina Bartelt. Or you can call Karen Bumm, the Executive Director of the WAF, directly at (507)-835-5990. Your gift provides the best financial means to give back to the community and leave a personal legacy long into the future…. forever….
Gail Schmidt, NRAF
