Times Change . . .
The Jackson County Fair Park Renovation, completed several years ago was a major change to a fairgrounds previously unchanged in decades. Your Foundation pledged $120,000 to this project and will make its final payment in 2014.
New soccer fields were completed in 2013 – a project that will benefit hundreds of children each year for decades to come. The foundation purchased the land for the soccer fields and in addition pledged $25,000 towards construction costs.
Lunda Charitable Trust will soon begin construction on a major building project which will benefit our entire community. The Black River Falls Area Foundation contributed land it owned to the School District to help facilitate the building project.
These are all major changes which will enhance our community as a place in which to grow up, work, live and retire.
The Foundation changes, also. Two of our Trustees, Jean Lee and Dave Millis, each completed nine years of service at year end 2013. Jean has been co-chair of the annual Friends of the Foundation events and a primary source of information regarding area schools’ grant requests. Dave has served on Foundation Investment, Trail, and Web Site Development committees. Both have been active, involved Trustees and are appreciated for their contributions to the Foundation’s activities. Kristi Hanson and Shelly Severson join the Foundation as new Trustees.
Friends Endure . . .
The Foundation is especially appreciative of our Friends of the Foundation members who, year after year, provide financial support enabling the Foundation to fund more grant requests. In 2013, Friends donated a record $25,250! Thank you Friends!
Foundation assets were also increased by other friends, the 117 donors to the BRF Education Enrichment Fund whose gifts will be used to enhance the educational experience of BRF School District students. This fund is a sub-fund of the Black River Falls Area Foundation, with its own officers, grant awards committee and members. Thank you BRF Education Enrichment Fund Donors!
Another friend, Katherine Wold, passed away in 2010. During her life she worked for years for the
Jackson County UW Extension, helping families improve their nutritional health. Katherine left a substantial bequest to the Foundation which it received in 2013. Her generosity funded a grant request for the Jackson County 4H Summer of Science program in 2014. Katherine Wold’s generosity endures.
Higher education costs continue to rise, and along with them, so do students’ loan debts. In 2013, the Bill and Bev Millis Family funded the Rick Millis Memorial Scholarship Fund to provide financial support, to BRF and/or Lincoln High School students pursuing further education, in an amount up to $3,000 per year. This is a great new addition to the Foundation’s Scholarship program which helped 21 students in 2013. The Millis family generosity endures.
The Hoffman Aquatic Center provides water entertainment to children and adults each summer. Its construction was originally funded by the Hoffman Family and in 2013, recognizing that funds were needed to maintain the Aquatic Center at a high level, two of the original donor families, Peter & Jone Hoffman and David & Marilyn Hoffman, established a new Aquatic Center Maintenance Fund. Friends do indeed endure!
And finally, the Trustees thank the Supervisory Management Class at Western Technical College who selected the Foundation to receive money they raised as a social responsibility assignment. The money they raised funded grants to Bolton Refuge House and Interfaith Caregivers in 2013.
So many Friends, old and new! Foundation Trustees thank each of you for helping the Foundation grow in size and fund additional grant requests. Your help is essential to the Foundation and to the Community. Your generosity increased fund assets by almost $400,000 to $4,403,301 at the end of 2013.
Grant requests also increased to a new high – 52 requests! While the Foundation could fund from 2013 earnings, only a portion of the requests, it did disperse $218,127 of grants and scholarships, also a new record! Thanks to all of our Friends, old and new. Friends do indeed endure.