Bill Vogt updated us on our Foundation Endowment Fund. Our Club has an Endowment Fund (separate from the RI Endowment Fund), which was started many years ago as the Camp Rotamer Fund. In 1979 Gil Sedor helped draft the Endowment Foundation by laws to be used as a source to support local charitable giving. It has been updated twice more, last in 2016, to make it more relevant. No more than 4% profit of the permanently endowed funds can be allocated/used each year. Thanks to a generous bequest from Member Ralph Schlintz, our Fund currently stands at $130K. There are several ways you can contribute to our Endowment Fund, including outright contributions, regular or over time, through a Charitable Trust or testimentary gift, or an IRA rollover when you turn 70 1/2. Would you like more information? Visit our website, www.janesvillerotary.org. On the Home Page, look under About our Club and click the Endowment link.
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