|
The Foundation conducts an ongoing endowment campaign to secure significant financial commitments that can be invested and managed to generate funds for specific ongoing needs. There are different benefits to each type of funding for the Foundation and the overall 4-H program. Funds contributed through the Annual Giving Campaign help the Foundation support the unexpected needs that arise during each programming year, while giving donors a chance to designate their support to areas of special interest. This campaign also provides those interested in making smaller donations with an effective way to support the Foundation’s efforts when they are able to contribute. In contrast, endowment gifts are typically larger and are designed to have a long-term impact by ensuring that funds will always be available to support recurring needs, such as awards trips to National Congress and National Conference, participation in annual judging competitions, and the annual scholarship program administered by the Foundation.
Current Delaware 4-H Foundation Endowments
The Ted Palmer Endowment In 2006, the Delaware 4-H Foundation was pleased to announce the addition of the Ted Palmer Endowment to the list of endowments that benefit the youth of Delaware. The Bennett Family Endowment In 2005, six members of the Bennett family combined to invest $30,000 in the Bennett Family Endowment within the Foundation. The family, as any donor can do, set aside separate scholarships within their endowment. The Jay R. Hukill Endowment Jay R. Hukill and Family established the Jay R. Hukill Endowment in 2005. The fund states that is “will help support sending a Delaware 4-Her enrolled in Horticulture & Gardening projects on a trip to National 4-H Congress.  The GROWMARK, Inc. Endowment GROWMARK, Inc., a regional farm supply and grain marketing cooperative, established a $15,000 endowment to support participation by Delaware 4-Hers in national events that recognize achievements or provide distinctive educational opportunities related to Agriculture, Leadership, Citizenship, Environmental Science and Conservation. The Charles L. Busker Endowment In 2007, Charmayne, Philip, and Sara Busker established the Charles L. Busker Endowment within the Delaware 4-H Foundation. The funds will be invested with the Foundation’s other endowment funds and will produce income to be used to provide annual support for the Delaware 4-H Cow Camp Program. 4-H Spirit Endowment Coulter and Charlotte Passwaters also created a 4-H Spirit Endowment in 2007 in honor of their children, Sarah, Benjamin, John, Will and Emily to celebrate the lives and contributions of those who generously give their time of the Delaware 4-H program. The Passwaters Family Endowment In 2007, Coulter and Charlotte Passwaters established the Passwaters Family Endowment. The funds produced by the $15,000 endowment will be used to support sending a Delaware 4-Her enrolled in Livestock and/or Animal Science projects to National 4-H Congress each year. The Century Club Endowment To mark the 100th Anniversary of the 4-H Program, the Foundation launched its’ first official endowment campaign. This Century Club Campaign created an endowment that is invested and managed to generate funds each year that will support Foundation operations and general programming areas.
|