As you know, our main objective at 2RCF is to facilitate and maintain local charitable funds for groups or individuals with special charitable projects or memorial intentions, and individuals with philanthropic goals like scholarships and endowments. We added two new funds this year including Project PACK and the Roaring Fork Pickle Ball Association.
We also continue to support our other funds:
Donor Advised Funds
Donor advised funds are an attractive alternative to a private foundation. All legal, tax and administrative requirements are handled by 2RCF, yet the donor may recommend distributions to the charitable beneficiaries of their choosing. Donor advised funds can be established with the flexibility to support multiple and varying charitable causes each year.
Nick and Judy Huston established a donor-advised fund in 2007. The Huston Family Fund has awarded grants to the Basalt Regional Library District and the Glenwood Springs Post Independent’s Holiday Fund.
An endowment is the “gift that keeps on growing, keeps on giving”. As the initial gift of a donor continues to grow through prudent asset management, it also produces earnings that are distributed according to the intentions of the donors. It is a very flexible way to assure a continuous and perpetual stream of income for a purpose, organization, or area that is close to your heart. An endowed fund, contrary to what most people think, can be started with $5,000.
2 Rivers Community Foundation has chosen the Western Colorado Community Foundation (WCCF) www.wc-cf.org to be its endowment partner. As a regional Foundation, WCCF has the longevity, structure, administrative office, and legal oversight to manage endowments established for the benefit of the Glenwood Springs and surrounding communities. All required legal, tax and administrative requirements are handled by WCCF on behalf of the donor. If you are interested in this very flexible and permanent vehicle to support a favorite charitable organization, to memorialize a loved one, or simply to give back to your Community through the 2 Rivers Community Foundation, please contact us.
The Vanderhoof Family
The Vanderhoof Family Fund was established by longtime community leader and public servant Don Vanderhoof, his wife Eddi, son Steve and daughter-in-law Wendy as a vehicle for their family’s philanthropy. They began it after selling the bank that had been run by family members for decades with the idea of giving back to the community that had given so much to their family and their successful business. The Vanderhoof name is recognized around Glenwood Springs as being synonymous with community-mindedness. As mayor of Glenwood from 1999-2000, Don was instrumental in the planning and implementation of the Community Center and other initiatives. Steve and Wendy value the opportunity to involve their daughters in learning about community leadership and giving back through their family fund.
Don and PJ Click have chosen to leave a gift to the community of Glenwood Springs following their passing.
Individuals can make provisions for a future gift to their community as part of their will or estate plan. A gift can be managed as a donor-advised fund, a scholarship fund, a memorial fund, or be given to the 2RCF Friends of the Foundation Fund.
If you have made such a bequest, please contact a board member so that you may be included on our Legacy Society roster.
Legacy Society Members:
The Stuart Rippy Memorial Fund was started in 2005, and has been used to build The Sound Garden at the Glenwood Springs Community Center, and provide hockey scholarships for young athletes.
Contact us to establish a memorial fund in honor a loved one and create a charitable legacy in their name.