FOOTHILLS SCHOLARSHIP AND EDUCATION FUND: History
Inception of the Fund
In November 1988, the Foothills Rotary Club of Fort Collins established the Foothills Rotary Charitable Foundation (the “Foundation” or “Fund”) to provide scholarships to local high school graduates and to support the charitable purposes of the Foothills Rotary Club of Fort Collins.
Under the guidance of Thomas Barbour, Johnna Bavoso, Pete Bullard, Chuck Decker, and Bert Pedri, who served as the Foundation’s initial board of directors, the Foundation emerged from the idea stage into a functioning 501(c)(3) charitable organization.
Early Stages
Thanks to the energy and initiative of the Foundation’s early leaders and the support of its many donors, the Foundation’s endowment grew to $100,000 by 1998. The Foundation also actively reviewed and selected scholarship recipients during its early years. Later, the Foundation would establish a partnership with Project Self-Sufficiency, through which Project Self-Sufficiency screens and recommends potential scholarship recipients for the Foundation’s review. That relationship has proven very successful and continues to this day.
Subsequent Growth
In December 1999, the Foundation’s board established the goals of growing the endowment to $300,000 by 2007 and to providing seven scholarships per year at $2,000 each. Through a series of creative fundraising activities that included raffles, silent and live auctions, casino nights, holiday parties and other themed events, the Foundation achieved one of its key goals when the Foundation’s total assets crossed the $300,000 threshold in 2006.
FOOTHILLS SCHOLARSHIP AND EDUCATION FUND: The New Challenges
The successful efforts and contributions of the Club members in the past created a fund that has achieved the vision of the Foundation’s early leadership in many respects.
Yet many challenges still remain, such as the ever increasing costs of secondary education in Northern Colorado and the expanding number of qualified scholarship candidates.
In light of these challenges, the Foundation’s board solicited input from the Club’s membership in 2006 regarding their vision for the Foundation in the future. The desires of the Club were clear:
- Increase the amount of each semester’s scholarship and the number of scholarships awarded
- Increase the Foundation’s endowment to $500,000
- Find other worthy projects to fund, to the extent possible
In response to that feedback, the Foundation established the following new goals:
- Reaching $500,000 in assets by 2012
- Periodically increasing the amount of the scholarships that it awards to help its scholarships keep pace with tuition increases, and
- Increasing the number of scholarships and other projects supported, as funds are available for those uses.
In 2007, the Foundation increased its eight scholarships to $3,200 per year and adopted a new name, the “Foothills Scholarship and Education Fund” to clearly indicate its primary focus and to differentiate it from the Rotary International Foundation.
FOOTHILLS SCHOLARSHIP AND EDUCATION FUND: How You Can Help
Since its inception, the Fund has been the Club’s primary effort to make a meaningful and lasting statement of its support for people who are committed to bettering themselves through secondary education. You now have an opportunity to re-confirm the Club’s commitment to that vision by becoming a Major Donor. To become a Major Donor, simply make a pledge to the Fund at one of the following gift levels and fully fund your pledge within five years.
Gold $25,000
Silver $15,000
Bronze $5,000
The current $25.00 quarterly donation from each of the Club’s members provides valuable support for the Fund’s efforts, but is insufficient alone to enable the Fund to meet its current challenges and opportunities. With your support as a Major Donor, you truly help the Fund realize its vision of meeting those challenges.
Through its past scholarships, the Fund has helped people in our community achieve their dreams of becoming nurses, veterinarians, occupational therapists, social workers, teachers, pharmacists, and radiology technicians, to name a few. Become a Major Donor today and help the Fund to support qualified candidates achieve similar dreams for the benefit of us all. Thanks!
To make a pledge or obtain more information on the Major Donor Program, please contact Colleen Miller at (970) 212-4720 or info@financebydesign.com, or fill out the information below and provide this form at the Secretary’s table at the next Foothills Rotary meeting:
Name: ___________________________________
Pledge: Gold ____ /Silver ____ /Bronze ____
Phone: ___________________ Date:___________