MISSION STATEMENT
The Fairbanks Curling Club Foundation, Inc. will promote the sport of curling, and support and foster amateur sports competition for the Fairbanks area residents.
The Fairbanks Curling Club Foundation, Inc. has received IRS approval as a tax-exempt foundation, allowing contributions, bequest, legacies, transfers, or gifts to the foundation to be tax deductible to the contributor.
The purpose of the foundation is to accept contributions and to make a profit and distribute only the earnings to promote curling.
$$$ IN .…1/2 Million:
At 12/31/06 and 9/30/07, the restricted fund balance represents the actual $560,005 and $565,837 that individuals, organizations, and estates have donated.
$$$ Have Grown….3/4 Million:
With investment earnings, the fund balance has grown to $789,481 at 12/31/06. The fund is invested primarily in securities, with a portion in bonds and mutual funds. Only the investment income on the fund is paid out in grants.
$$$ OUT to Date ….$246,020:
In 2006, grants totaling $29,821 were authorized and paid out. In 2007, more than $33,000 will have been disbursed for team travel to the Junior Nationals, US Mixed Nationals,Pacific Rim, continued funding for the Open House advertising, junior instruction clinic, curling brochures and UAF scholarships.
From inception through the current date, $246,020 of fund earnings have been disbursed to further curling activities.
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Various ways to contribute
ANNUAL DINNER SUPPORTERS
The profits from the annual Foundation dinners come from all the people attending who pay the $20 dinner fee less the cost of food. After last year, the accumulated dinner profits total $7,111. Thus the “Annual Foundation Dinner” is listed in the Eight Ender $5000 group of the contributors list.
UNITED WAY DONORS
United Way donors and matching companies have contributed a total of $27,287. The United Way Donors are listed in the Eight Ender $5000 group.
INDIVIDUAL DONORS
Individual contributors made the Foundation possible and continue to help make the Foundation what it is today.
ESTATES
Have made substantial contributions to the Foundation. Estate planning may save tax dollars and do make a lasting impact on our community.
TOGETHER
All dinner supporters, United Way donors, individuals, and estates make a meaningful lasting contribution to curling.
| YEAR |
BALANCE |
$ Increase |
% Increase |
| 2009 |
583,946 |
2,431 |
|
| 2008 |
581,515 |
10,024 |
2% |
| 2007 |
571,491 |
11,486 |
2% |
| 2006 |
560,005 |
11,205 |
2% |
| 2005 |
548,800 |
173,163 |
46% |
| 2004 |
375,637 |
10,726 |
3% |
| 2003 |
364,911 |
16,908 |
5% |
| 2002 |
348,003 |
9,718 |
3% |
| 2001 |
338,285 |
165,941 |
96% |
| 2000 |
172,344 |
7,842 |
5% |
| 1999 |
164,502 |
11,412 |
7% |
| 1998 |
153,090 |
10,572 |
7% |
| 1997 |
142,518 |
25,512 |
22% |
| 1996 |
117,006 |
15,096 |
15% |
| 1995 |
101,910 |
17,308 |
20% |
| 1994 |
84,602 |
15,788 |
23% |
| 1993 |
68,814 |
8,059 |
13% |
| 1992 |
60,755 |
9,255 |
18% |
| 1991 |
51,500 |
51,500 |
|
| 1990 |
|
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