07.07.2017 Views

2016 RCCF Annual Report

  • No tags were found...

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

<strong>RCCF</strong> is dedicated to improving<br />

and enriching the lives of<br />

people in Roscommon County.<br />

<strong>RCCF</strong> holds various funds-all<br />

established by local donors.<br />

Some funds are designated<br />

for specific causes, whereas<br />

others are open-ended to meet<br />

the changing needs of the<br />

community. Funds are used to<br />

improve our “home” here in<br />

Roscommon County.<br />

TYPES OF FUNDS:<br />

Undesignated Funds:<br />

Meeting Ever-Changing<br />

Needs<br />

Undesignated Funds address a<br />

broad range of local needs. The<br />

<strong>RCCF</strong> Board evaluates all aspects<br />

of community well-being: arts and<br />

culture, economic development,<br />

education, environment, health<br />

and human services, recreation,<br />

youth, and more. The flexibility<br />

of undesignated giving enables<br />

the Foundation to respond to the<br />

community’s most pressing needs.<br />

Field of Interest Fund:<br />

Choosing a Cause<br />

A Field of Interest Fund allows<br />

you to identify a specific charitable<br />

area you would like to support, like<br />

youth, arts, or the environment.<br />

Some examples include: Lakes<br />

HOME<br />

Where We Grow Together<br />

and Rivers Funds, Health Funds,<br />

and Summer Enrichment Camp<br />

Scholarships.<br />

Designated Funds:<br />

Supporting an<br />

Organization for the Long<br />

Term<br />

Designated Funds are similar<br />

to Agency Funds in that you<br />

can name a specific charitable<br />

organization as the recipient. In<br />

this case, a donor (not the agency)<br />

establishes the fund to benefit the<br />

agency. It is fairly common for this<br />

type of fund to be created through<br />

a donor’s will or trust. Some<br />

examples of designated funds<br />

include: Animal Support Funds,<br />

Fine Art Funds, and Education<br />

Funds.<br />

Agency Funds: Endowing<br />

your Nonprofit<br />

Organization<br />

Establishing an Agency<br />

Endowment Fund is a simple and<br />

efficient way to build income for<br />

a nonprofit organization. Donors<br />

can be sure they are providing<br />

a source of lasting support. The<br />

Agency Fund becomes part of<br />

the Community Foundation’s<br />

pool of endowed assets. Thus,<br />

the Community Foundation’s<br />

economies of scale provide the<br />

organization the benefits of a<br />

diverse investment portfolio that<br />

typically comes only with large<br />

funds.<br />

Donor Advised Funds:<br />

Charitable Giving with a<br />

Personal Touch<br />

A Donor Advised Fund gives you<br />

the opportunity to recommend<br />

grants to charitable organizations.<br />

You (and your family if you wish)<br />

can work with our experienced<br />

grant-making staff to suggest<br />

uses for the fund, targeting the<br />

issues you care most about. Grant<br />

awards are issued to nonprofit<br />

organizations in the name of the<br />

Fund. It’s a simple, powerful, local,<br />

and highly personal approach to<br />

giving. In many cases, a donor<br />

advised fund is a much better<br />

alternative than establishing a<br />

separate, private foundation.<br />

Scholarship Funds:<br />

Furthering Education<br />

Many donors are interested<br />

in furthering the education<br />

opportunities of our area high<br />

school students. Often it is to<br />

honor a loved one who has<br />

passed away. The Community<br />

Foundation’s Scholarship Program<br />

connects those dollars with<br />

deserving local students pursuing<br />

further education.<br />

<strong>RCCF</strong> Funds<br />

General/Undesignated Funds<br />

Give us the flexibility to make grants in<br />

response to our community’s changing<br />

needs and priorities.<br />

Marilyn Brown Memorial Fund<br />

Cornerstone Fund<br />

Greatest Human Needs Fund<br />

Roscommon County General Fund<br />

St. Helen General Fund<br />

Field of Interest<br />

Address a specific area of concern or cause,<br />

chosen by those who establish the fund.<br />

Doug Allen Fire & EMS Support Fund<br />

Endowment for Higgins Lake<br />

Howard B. “Corky” Gaylor Memorial Fund<br />

John Morley Family Endowment for Higgins<br />

Lake<br />

Rogers Family Endowment for Houghton<br />

Lake<br />

Roscommon County Health Improvement<br />

Endowment Fund<br />

Roscommon County Health Services Fund<br />

Roscommon County Kellogg Youth Fund<br />

Roscommon County Lake & Rivers Fund<br />

Lyon Township receives a grant award from the John Morley Family<br />

Endowment for Higgins Lake and the Roscommon County Kellogg Youth<br />

Fund. Executive Director, Suzanne Luck and <strong>RCCF</strong> Trustee, Jim Clabuesch<br />

meet with Township Deputy Supervisor, Diane Nellist, and Township Trustee,<br />

Dolores Munoz to check out the equipment purchased with the funding.<br />

The Roscommon County General Fund of <strong>RCCF</strong> provided a $1,990.00 award<br />

to the Roscommon County Habitat for Humanity for ReStore Expansion.<br />

Pictured is <strong>RCCF</strong> Secretary, Diane Nielsen, Roscommon County Habitat for<br />

Humanity Executive Director, Lorinda Roberts, and <strong>RCCF</strong> Treasurer,<br />

Mike Burnside.<br />

Roscommon County Mental Health<br />

Services Fund<br />

Roscommon County Recreation Fund<br />

Roscommon County Tobacco Settlement<br />

Fund<br />

Robert R. Thalner Fund<br />

Sarah Eulaine Tucker (Class of 1970) Fund<br />

Weede Family Community Recreation<br />

Fund<br />

Zonta Club Women’s & Children’s Fund<br />

Designated Funds<br />

Support the specific organization or program<br />

chosen by the donors who create them.<br />

Rubye Cunningham Memorial Fund –<br />

Supporting the Roscommon County Animal<br />

Shelter<br />

Larry Eastley & Clare Fisher Eastley<br />

Animal Support Fund<br />

Gerrish-Higgins Educational Fund<br />

Houghton Lake Community School District<br />

Support Fund<br />

Houghton Lake Educational Foundation<br />

Fund<br />

Jenni’s Foundation-Michigan Cancer<br />

Support Fund<br />

Jim Mahoney Memorial-Music Program<br />

Support Fund<br />

Viola J. Moore Animal Fund<br />

6 7

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!