PDF Annual Report for printing - FarmHouse Fraternity
PDF Annual Report for printing - FarmHouse Fraternity
PDF Annual Report for printing - FarmHouse Fraternity
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About the Foundation<br />
45 years ago a group of <strong>FarmHouse</strong> men decided to ensure that <strong>FarmHouse</strong><br />
<strong>Fraternity</strong> would continue to BUILD MEN long into the future. These men<br />
established the <strong>FarmHouse</strong> Foundation “to assist the <strong>Fraternity</strong> in BUILDING THE<br />
LEADERS OF TOMORROW.” This vision has continued to guide the Foundation<br />
and it is our goal to support the ever‐expanding educational needs of <strong>FarmHouse</strong><br />
men across North America. The <strong>FarmHouse</strong> Foundation is a duly organized public<br />
foundation which is exempt from federal income taxes and which may accept tax deductible<br />
gifts under Section 501(c)3 of the Internal Revenue Code.<br />
Our Mission<br />
ʺTo assist the <strong>Fraternity</strong> in Building the Leaders of Tomorrow.”<br />
Objectives<br />
To provide funding <strong>for</strong> the <strong>Fraternity</strong> to build leaders who are effectively trained<br />
with market‐valued skills by –<br />
• Building ethical and responsible leaders.<br />
• Building leaders who are good stewards of their own and othersʹ<br />
resources.<br />
To provide funding to foster the growth of <strong>FarmHouse</strong> <strong>Fraternity</strong> through the<br />
provision of competitive living/learning housing.<br />
To foster the development of actively engaged alumni who provide current<br />
and future leadership and support <strong>for</strong> the Foundation and <strong>Fraternity</strong>.<br />
What Does the <strong>FarmHouse</strong> Foundation Do?<br />
RAISES MONEY In the 2010‐11 fiscal year, The <strong>FarmHouse</strong> Foundation raised $1,381,268, which included: $914,523 <strong>for</strong> Unrestricted Funds (including the<br />
<strong>Annual</strong> Fund, Foundation Councils and Building Funds), $266,571 <strong>for</strong> Permanently Restricted Funds and $196,064 <strong>for</strong> Temporarily Restricted Funds.<br />
INVESTS MONEY With the advice and assistance of the Wells Fargo Financial brokerage firm, the Trustees invest the Endowment and other<br />
Foundation funds.<br />
GRANTS MONEY In the 2010‐2011 fiscal year, the Foundation made grants totaling $347,449 in six areas: Leadership, “People Skills,” Financial<br />
Management Training, Computer Labs and Affiliated Technology <strong>for</strong> Chapter Houses, Re‐contribution to Chapters, Educational Portion of Chapter Housing,<br />
Scholarships and <strong>Fraternity</strong> Support.<br />
6<br />
7,086,691<br />
The <strong>FarmHouse</strong> Foundation<br />
2010-11 <strong>Annual</strong> <strong>Report</strong>
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