Below is a recap of the Club's Foundation report at our meeting on December 18th via Zoom.
The Rotary Foundation (RI) Club dues invoices will be emailed for the last six months of this Rotary year. Included with this invoice is a request to add an additional $50 to your payment to the Rotary Foundation. Please consider making this payment to add to your Foundation giving and reach our Club Foundation giving goals. Lake Stevens Rotary Charitable Foundation (Club) The LSRCF Board recently approved payments from the Loren Hole Endowment. As outlined in the rules of the Loren Hole Endowment, the interest raised by the Endowment from the previous calendar year is available to be spent on Community projects the following year. 2019 was a good year in the market with available funds to be used of $13,575.98. The Board has approved payments to the following organizations: Highland Elementary School playground $4,000 This added to the $3,600 raised at our Corks & Kegs event with an additional District Grant of $7,250 will provide a total of $14,850. Lake Stevens Education Foundation $2,500 to help support the Dolly Parton Imagination Library. Lake Stevens Senior Center $4,000 Hungry Hearts $2,000 Scouts $1,000 This amount will be matched by the Nysether Foundation for a total contribution of $2,000. Total Lake Stevens Charitable Foundation payments of $13,500. Thank you for your contributions and the many goods things our Club does to support this community.  |