The Ralls County Endowment Fund has reached an important milestone thanks to a generous $5,000 donation from Ranger Power. This contribution brings the Ralls County Endowment Fund, which is dedicated to growing the county’s resources and future, close to their fundraising goal of $15,000.
Upon reaching this goal, the fund will become permanently endowed, earn a match of $15,000 from the Community Foundation, and begin providing annual grants to nonprofit organizations in Ralls County this summer.
“Ranger Power, the developer of the Express Solar project, is honored to be a member of the Ralls County Endowment Founder’s Circle. By contributing to the Ralls County Endowment Fund in its infancy, we hope to help usher in a long-lasting financial impact designed to address economic opportunities throughout the County,” said Oliver Chag, Development Manager at Ranger Power. “It is important to Ranger Power to contribute to organizations like the Ralls County Endowment Fund, which provide lasting resources to the communities in which we work; it's not only a responsibility, but a privilege. As we continue our development of the Express Solar project, Ranger Power looks forward to watching this fund build on this early momentum and make a meaningful contribution to the Ralls County community for years to come.”
The Ralls County Endowment Fund, administered by the Community Foundation, is dedicated to creating sustainable financial resources that will benefit local initiatives and nonprofit organizations. Through the Community Foundation’s County Endowment Program, any county within its service area can create a volunteer council to raise $15,000 and receive a $15,000 matching contribution to create a permanently endowed fund that will support needs and opportunities in the county forever.
With the support of businesses and individuals, the fund aims to drive community development and enrichment across the county. If the fund reaches $15,000 by April 2025, the fund’s first grants will be awarded this summer.
Anyone can contribute any amount to help the Ralls County Endowment reach its goal. The Ralls County Endowment is a collaborative charitable fund by and for citizens of Ralls County. Gifts to the Ralls County Endowment are combined and invested for long-term growth, and earnings from the fund are used for grants – creating a permanent, sustainable source of funding for Ralls County needs and opportunities.
For more information on the Ralls County Endowment Fund and ways to contribute, visit: www.mycommunityfoundation.org/ralls-county-endowment-fund.