$50,000 to bring TRCF to $1 million
The Board of Directors of the Three Rivers Community Foundation (TRCF) has authorized $50,000 to be awarded for grants and scholarships in 2012. The board also agreed to take on a matching challenge of raising $50,000, for a total of $100,000, which when achieved will put the endowment over $1 million.
The theme for the 2012 campaign is “Thanks a Million.”
The TRCF board voted unanimously to an offer from the Initiative Foundation to raise $50,000, which will be matched through a $50,000 McKnight Foundation grant. Interest from the TRCF endowment is annually awarded for grants and scholarships.
Last year the TRCF awarded $24,825, and more than $317,000 in local grants since 1994. In 2010 the foundation awarded more than $18,000 and a total of $94,000 since 2007 in local scholarships
The board also welcomed new directors; they are George Sanford and Tony Brisbin from Zimmerman, Roger Lamp from Rogers, Jessica Stockamp from Otsego and Sandi Yeado and Michelle Eder from Elk River.
The TRCF was created in 1990. Its mission is to improve the quality of life in our area and strengthen our communities by developing, investing and distributing funds and encouraging leadership. The foundation supports charitable organizations throughout the ISD 728 district and the areas surrounding Elk River, Otsego, Rogers and Zimmerman.