THE ENDOWMENT PROGRAM
What is the “Endowment Program” of the District Foundation?
In 2008, the District Foundation Board of Directors established a goal to create an endowment of $500,000 by the year 2013. This goal was achieved in 2014, and currently stands around $570,000. The principal of the fund will remain untouched to continue to earn the highest amount of interest/dividends possible. Once fully funded, the endowment is expected to provide around $20,000 per year for funding the Foundation’s Grants & Scholarship Programs. This would double our current income sources and allow us assist more Kiwanis Clubs who need some extra funds to complete worthy projects every year.
What does it mean to “Endow”?
Endow: to furnish with an income; especially: to make a grant of money providing for continuing support or maintenance. We want to endow the current and future children of our Kiwanis District with an inheritance.
Won’t you help us double our service to the children of our Kiwanis District? How can you help us add money to this Endowment? Here are three ways:
The River of Life is designed to allow participation by every member in the District. Contributors can make a one-time donation of $1,000, or pledge to donate that amount over a two year period. (That’s less than $10 per week!)
Clubs can use the RIVER OF LIFE FUND as a way to honor outstanding members, club officers, or club patrons. Contributions of $1,000 will be recognized with a unique pin and a framed print, which distinguishes the donor/recipient as a “River of Life Fellow.”
This is the highest honor the District Foundation could bestow. This prestigious award is named after two of the District Foundation’s original founding members, both also having served as Governors of the Louisiana-Mississippi-West Tennessee District.
The Tablet of Honor provides a giving opportunity through which individuals, Kiwanis clubs, div
isions, or organizations can permanently honor Kiwanians, their spouses and friends, their clubs or other organizations. Tablet of Honor contributions can be made on behalf of an individual, club, corporation, or organization. Individuals cannot honor themselves.
The Henry W. Nash ~ Eugene J. Maier Tablet of Honor is a beautiful plaque, located in the District Office, with individual plates bearing the name of those so honored. Recipients are presented an attractive engraved “tablet” signifying that a minimum contribution of $1,000 has been made in their name.
The District Foundation Board of Directors created the John T. Roberts Fellowship to honor the District’s first Kiwanis International President. During Roberts’ year as President in 1982-83, clubs were challenged to motivate children to their highest potential and to improve the quality of life for those less fortunate. Individuals establish membership through a $1,000 contribution, or a minimum initial contribution of $200, pledging to contribute the balance over two years. Likewise, for a donation of $1,000 to the District Foundation, a member, a club or a division may honor another individual for outstanding Kiwanis service by presenting a John T. Roberts Fellow. John T. Roberts Fellows receive a medallion and a lapel pin upon completing the financial pledge.
The Foundation Board has authorized additional levels of the Roberts Fellowship at the following levels: Sapphire-level status when donating $2,500; Ruby-level status when donating $5,000; and Diamond-level status when donating $10,000.
Friends of the Foundation
The District Foundation Board of Directors has initiated the "Friends of the Foundation" program as an easy way for members to support the Foundation on an annual basis, while working towards a goal of a River of Life Fellowship or a John T. Roberts Fellowship. Individuals can make a donation of $120 for the year, and will be sent an invitation to make a similar donation for each subseqent year. Or a member may opt to set up a recurring charge on their credit card for a monthly, quarterly, semi-annual, or annual charge. All funds donated to the Friends of the Foundation fund will be designated to the Endowment Fund, and can be accumulated until the $1,000 level is achieved. At that point, the individual can select to become a River of Life or a
Roberts Fellow. And at a minimum of $10 per month, the recurring charge should be easy to handle.
All Kiwanians are asked to consider becoming a Friend of the Foundation and pledge your continuing support of the programs and projects of the District.