Community Foundation to host Match Day for Riverview Estates

By KBBE News
October 02, 2018

The McPherson County Community Foundation is hosting the first ever Match Day event to benefit Riverview Estates on Saturday, October 20 from 10 am – 2 pm.

The event is an effort to help Riverview Estates build their endowment fund to provide a long-term resource for their facility and resident services. An anonymous donor has offered to match dollar for dollar up to id="mce_marker"0,000 in donations to be added the fund.

Gifts will be accepted in person on October 20 in the Multi-purpose room of Riverview Estates between 10 am – 2 pm. Gifts of cash, check or credit card will be accepted onsite. Online contributions may be given from midnight to midnight on the 20th. To access online giving, donors should visitwww.mcphersonfoundation.org.

An endowment is a fund that holds its principal in perpetuity and only pays out a small portion, about 4 to 5 percent per year, that goes to campus operations and program. Endowment investments have dual goals: to grow the principal and to generate income. There are several reasons organizations benefit from endowments including long-term stability, relieves pressure on the annual fund, and allows for program expansion.

The McPherson County Community Foundation has been serving McPherson County residents since 2001. Building strong endowments to provide a perpetual resource of funding for organizations and community projects is a priority for the Foundation. For additional information, contact Becky Goss, MCCF President/CEO at 620.245.9070 or toll free 1.866.245.9070. Questions may also be emailed prior to the meeting [email protected] 


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