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Why is the initial Endowment Fund Campaign set at $3 million if the ultimate goal is $15 million?

April 26, 2017Campaign endowment fund GOAL initial Ultimate

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Why is the initial Endowment Fund Campaign set at $3 million if the ultimate goal is $15 million?

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The initial campaign is an important beginning for the newly established Endowment Fund. The Board of Directors and Board of Trustees feel that our initial goal needs to be realistic, but yet large enough to have an immediate, major impact on this fiscal year’s operating budget.