a list of all our funds
Contributions can be made by anyone to the following established funds in any amount:
NRACF Unrestricted Fund: This is a non-endowed fund whose purpose is not restricted. It provides maximum flexibility for the Board to address community needs.
NRACF Unrestricted Memorial Endowment Fund: Contributing to this endowed fund is a meaningful way to provide a lasting tribute that lives on in the community over generations. As an unrestricted fund, grants can be used to meet a variety of community needs now and in the future. Contributions can be made at any time and are not limited to individual memorials.
NRACF Perpetuation Fund: This endowed fund was established to provide an ongoing source of income to apply to the operational expense of the Foundation, ensuring that the NRACF has the administrative resources to benefit the community indefinitely. In addition to direct contributions to this fund, currently 5% of all unrestricted gifts are allocated to building the assets of this fund.
Paul H. Albrightson Endowment Fund: This memorial field of interest fund was established for the benefit of children at risk, starving children and area walking/biking trails.
Friends of Citizens Field Fund: This is an example of a non-endowed, restricted fund, established in 2007 to facilitate improvements to Citizens Field.
Friday Memorial Library Fund: This is an Agency fund that benefits our local library.
Robert Harding Fund: This is an endowed field of interest fund for which the primary purpose is swimming and related local swimming memberships.
Heffron Family Memorial Fund: This endowed memorial field of interest fund was established for needs related to cardiac/heart disease, Alzheimer’s disease, and the developmentally disabled.
Leadership Trus Initiative Fund - This new fund supports the perpetuation of the Leadership Trust Initiative (LTI). The LTI is a year-long program that brings together leaders representative of the community in the public, business, and nonprofit sectors. It is focused on enhancing the collaborative network and assisting citizens in expanding their understanding of the community, and expanding their skills related to leadership and civic involvement.
Performing Arts Fund: This non-endowed fund was established to provide capital funding for a performing arts center in the community.
Chuck Polfus and Family Designated Fund: This non-endowed fund was established to fund park and beautification projects within the city.
Recreational Trails Fund: This non-endowed fund supports the system of multi-purpose trails in and around the New Richmond Area Community.
YOUth and Families Endowment Fund: This designated endowed fund was established to provide ongoing grant funding support to organizations that specifically serve youth and families in the New Richmond area.
The following established funds are Donor-Advised:
Curtiss and Elaine Anderson Family Fund
Counter Family Fund
Carolyn A. Craig Scholarship Fund
Craig Family Fund
William and Mary Ann Derrick Family Fund
Healy-Normal Literacy Fund
Krueger Family Fund
Lybeck Family Fund
Sather Family Fund
Soderburg Family Fund
Futures Funds include:
Bell Hannaford Futures Fund
William and Gail Buell Futures Fund
Earley Family Futures Fund
Paul and Vicki Mayer Family Futures Fund
Dave and Judie Olson Futures Fund
Maurice and Pam Veilleux Family Futures Fund
Lawrence and Virginia Williams Futures Fund
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