Bellevue Rotary Legacy Fund Recognition Program
Examples from other Rotary Clubs . . .
You’ll recall from Past President Gail Ryder’s introduction two weeks ago, one of the reasons our Club started our Legacy Fund program in 2010 was because of stories from other Club’s Presidents that were told at regional and national meetings.
Some of those meetings occurred during the Great Recession of 2008 that was triggered by the subprime mortgage lending defaults across the nation. In those days it was difficult to raise the funding necessary to support our Club’s Community and International Grant programs. In Gail’s own words: “At these meetings however, I had the opportunity to meet other Club Presidents who gleefully reported on their success in establishing and promoting an Endowment Fund in their Rotary Foundations.
Their Endowment Funds sought to promote estate and lifetime giving to the Funds, the principal of which was intended to grow over the years with only some of the annual income being spent for Club Grants and the rest being retained for capital and growth. Some of those funds have now accumulated millions of dollars.”
Today we’ll share two examples of what other Clubs have accomplished with their endowment programs – they are compelling stories and paint the picture of what our Club is hoping to accomplish.
Bellevue Rotary Circle Members: (As of February 5, 2020)
|Rachele Bouchand||Matt Camrud|
|John Campbell||Gail Ryder|