a list of all our funds
Contributions can be made by anyone to the following established funds in any amount:
Unrestricted Fund: non-endowed fund whose purpose is not restricted. It provides maximum flexibility for the Board to address community needs.
Unrestricted Memorial Endowment Fund: Contributing to this endowed fund is a meaningful way to provide a lasting tribute that benefits the community over generations. As an unrestricted fund, grants can be used to meet a variety of community needs. Contributions are not limited to individual memorials. Records of honorariums and memorial gifts are maintained for ongoing remembrance.
Perpetuation Fund: an endowed fund established to provide an ongoing source of income to apply to the operational expense of the foundation, ensuring the administrative resources to benefit the community indefinitely. In addition to direct contributions to this fund, currently 5% of all contributions to the foundation are allocated to building the assets of this fund.
Performing Arts Fund: non-endowed fund established to provide capital funding for a performing arts center in the community.
Recreational Trails Fund: non-endowed fund that supports the system of multi-purpose trails in and around the New Richmond Area Community.
Youth and Families Endowment Fund: an endowed fund established to provide support to area organizations that specifically serve youth and families.
Paul H. Albrightson Endowment Fund: a memorial field of interest fund established for the benefit of children at risk, starving children and area recreational trails.
Curtiss and Elaine Anderson Family Fund: an endowed fund providing scholarships for automotive, mechanical technology or health fields.
Carolyn A. Craig Scholarship Fund: an endowed fund providing scholarships in horticulture, landscape architecture, forestry, environmental studies or allied subjects.
Friday Memorial Library Fund: an agency fund that benefits our local library.
Friends of Citizens Field Fund: a non-endowed fund established in 2007 to facilitate improvements to Citizens Field.
Healy-Norman Literacy Fund: a donor-advised endowment fund promoting reading and literacy in the NR school district and St. Croix County.
Heffron Family Memorial Fund: an endowed memorial field of interest fund that was established for needs related to cardiac/heart disease, Alzheimer’s disease, and the developmentally disabled.
Lloyd and Eleanor Johnson Family Fund: a designated endowment fund for the benefit of the following organizations/causes: University of WI River Falls, Luther Point Bible Camp, autism research and family support, and New Richmond Area Community Foundation.
Johnny “Blood” McNally Athletic Complex Fund: The NRACF provides fiscal sponsorship for this citizen-driven initiative to fund and build a stadium in McNally’s memory at the NR High School.
In addition to the above component funds, the following donor-advised funds have been established by families:
Anderson Non-Endowed Fund
Counter Family Fund
Craig Family Fund
William and Mary Ann Derrick Family Fund
Robert Harding Fund
Krueger Family Fund
Lybeck Family Fund
Chuck Polfus and Family Designated Fund
Sather Family Fund
Soderberg Family Fund
A number of Futures Funds have been started and are being developed for future endowment by individuals and/or families.
New Richmond Area Community Foundation
mailing:
PO Box 96, New Richmond, WI 54017
office: 1477 South Knowles Ave, New Richmond, WI 54017
715.246.3999 | www.nracfoundation.com | nracfoundation@gmail.com