Endowment

Year-end Endowment Update – 2017

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The WMRC Endowment had another good year, increasing from ~$21,500 at the end of 2016 to ~$34,000 at the end of 2017. Thanks to our all-star roster of donors, we received over $9,000 in endowment donations which was the primary driver of the increase in our endowment balance. In addition to these contributions, the endowment […]

Endowment

WMRC 50/50 Campaign Update

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The 2017 WMRC 50/50 Campaign is well underway and we have already raised 25% of our $25,000 goal. This is a great start, but we need your help to see this campaign to the finish line! The proceeds of this fundraising campaign will be used to purchase a new King 8+ (yes, another one!) and […]

Endowment

2016 WMRC 50/50 Campaign Recap

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FWR and WMRC recently concluded the 2016 WMRC 50/50 Campaign with great success. We launched the Campaign in November 2016 with the goal to raise $20,000 and ultimately raised $20,049! The “50/50” refers to how we are using the funds raised from the Campaign. 50% of the funds were used to make a $13,300 down […]

Endowment

Year-end Endowment Update – 2016

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2016 was a good year for the WMRC Endowment! Thanks to our generous donors throughout the year and in particular, the donors that contributed to the 50/50 campaign, we received over $7,500 in endowment donations! That plus a 9.5% return on our investments during 2016 helped put us at approximately $21,500 at year-end! However, this […]

Endowment

WMRC 50/50 Fundraising Campaign

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  WMRC just launched their 2017 50/50 campaign! The goal? $25,000: $12,500 for a new King 8+ and $12,500 to make a final push towards establishing an endowment fund. Let’s come together as One Tribe and demonstrate our support for WMRC! Every gift, no matter how big or how small, will promote WMRC’s continued success […]

Endowment

On our way to Phase I

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During the month of September, the WMRC Endowment passed the $10,000 mark which is 20% of the way towards our Phase I Endowment goal of $50,000. Assuming 5% earnings every year, the Endowment will already generate $500 annually to support WMRC. To put that in the context of rowing, that is like one brand new […]

Endowment

Coming up on 10k

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Remember what it is like to pull a 10K on the erg? It’s certainly not one of the more enjoyable erg workouts that you can do (is there an enjoyable erg workout?), but it is one with a lot of meaningful milestones. As you watched the meters count down past each 500 meter milestone you […]

Endowment

June Endowment Update!

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The WMRC Endowment Fund has surpassed the next milestone of $5,000 or 10% of our $50,000 goal!!  Thank you to our dedicated friends who are moving us closer to our goal every day.  If you want to contribute to the endowment fund while having a good time out on the links, sign-up for the FWR […]

Endowment

Endowment Progress – $1500 in one week!

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It was a fantastic week for the Endowment fund which received over $1,500 of donations and surpassed the $4,000 mark on the way towards our Phase 1 goal of $50,000. Of the donations received, the most significant was a $1,000 donation of a long-time supporter’s tax refund. If you’re looking for something altruistic to do […]