Endowment
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The Gulf Ridge Council Endowment Funds help to cover our ongoing operating costs at several levels throughout the council. A number of our camp buildings, some of our training expenses, even some day-to-day operations are partially funded through interested earned on Endowment gifts. Members of the James E. West Fellowship and of the 1910 Society have made special contributions to the endowment funds. Others have made significant commitments to Scouting through one or another of the many deferred giving options.
James E. West FellowshipThe James E. West Fellowship Award is a national recognition for individuals who contribute $1,000 (which can be paid over a two year period) or more in cash or securities to their local council endowment trust fund. This contribution is in addition to, and does not diminish or replace, the donor’s annual gift to the council’s Friends of Scouting Campaign. Organizations or individuals may contribute an award in honor of someone – an Eagle Scout, a Silver Beaver recipient, council president, or district chairman, or in memory of a departed loved one, business associate, or special Scouter. Those who are recognized by the James E. West Fellowship Award will cast their own "lengthened shadow" as they help ensure the Scouting legacy for future generations of young people and create the financial stability of the program in the twenty-first century for their local council.
1910 SocietyA special national recognition program known as the 1910 Society was created in 1995 to encourage significant gifts to the council endowment fund. This support is vital to the financial stability of the Capitol Area Council, and will ensure our Scouting legacy for future generations of young Americans. To qualify as a member of the 1910 Society, an individual donor, company, or organization must contribute $25,000 or more to the local council endowment fund. Recognition will be given for gifts of cash, stock, bonds, lead trusts, or other assets that could be readily converted to cash. The gift to endowment may be in the form of a pledge, but the pledge must be paid within five years of the pledge date. The 1910 Society was named for the year in which the early, visionary leaders of Scouting founded the Boy Scouts of America. There are four levels of recognition in the 1910 Society:
Deferred GivingThere are many ways to support the Boy Scouts of America financially. Some will choose to make a commitment to Scouting through deferred giving which might include a gift through a will, life insurance, sale of stocks or property at a future date, etc. Click on the following link for some general information about the BSA Deferred Giving Program. For more specific information, or to set up an appointment for a personal interview, contact George McGovern, Scout Executive. |
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