Pictured: Jan Wilson, Byesville Rotary Foundation Chair; Tracy Mann, Outreach and Donor Service Assistant, the Foundation for Appalachian Ohio; and Tanya Hitchens, Byesville Rotary President.
In 2005, the Byesville Rotary established a Foundation with a gift of $6800. Today, the Foundation balance is almost $20,000. Byesville Rotary intends their Foundation to be an investment in the future of students enrolled at Meadowbrook High School. To insure that future, the Byesville Rotary Foundation was established as an endowed designated fund which means that the principal is never spent. Only interest and earnings are used for providing scholarships.
Byesville Rotary uses Foundation funds to provide a minimum of $2000 a year in scholarships to Meadowbrook students who plan to continue their education after high school graduation. The fund is supported in part by an annual golf tournament sponsored by the Byesville Rotary. Funds raised by the golf tournament are contributed to the Foundation. In this way, Byesville Rotary hopes to insure a better future for the students in their service area.
Tracy Mann, Outreach and Donor Services Assistant from The Foundation of Appalachian Ohio (FAO), explained to club members how partnering with the FAO benefits small organizations such as the Byesville Rotary. The FAO provides expertise and administrative support that many organizations do not have easily available
Ms. Mann pointed out that some of the benefits of partnering with FAO include investment oversight and expertise as well as administrative support for accounting, deposits, check writing and technical assistance with planned giving or other special gifts. These services allow the Byesville Club to focus on its service projects rather than on the administration of the fund.
The Foundation for Appalachian Ohio was created in 1998 with a $1 million state challenge grant. Its mission was “to enrich the current and future quality of life in the 32 counties of Appalachian Ohio.” To date the Foundation has awarded more than $2 million in grants to community initiatives. In addition, FAO partners with local communities and organizations, like the Byesville Rotary, to support philanthropic efforts. More information about FAO activities can be found at www.appalachianohio.org.
Madison Butcher and Andrea Broom represented the Meadowbrook Interact Club at the meeting. Bob Long reminded club members to show up for their red bucket and bell ringing shifts which begin next week. He still has open slots and is looking for additional volunteers.
Byesville Rotary meets every Tuesday, 7:30 am, at the Stop Nine Senior Center at 60313 (GPS use 60299) Southgate Road, Byesville. Anyone interested in learning more about the Byesville Rotary can call Membership Chairs Marty Patchen, 740-685-3828, or Randy Launder, 740-685-8294
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