Rhinelander Community Foundation reaches milestone

The Rhinelander Community Foundation has reached its initial goal of granting $1 million dollars in total to the community since its inception in 2015, the organization announced earlier this month.

The mission of the Rhinelander Community Foundation is to facilitate charitable giving and, together with its donors, enhance the quality of living in the Rhinelander community now and for future generations. The board continues to work toward the goal of establishing “funds.”  

All gifts from donors go into a fund. There are two categories of funds:  

1.  Non-endowed funds, which are not invested and the principal can be spent as needed (primary support for current needs in our community).

2.  Endowed funds, which are invested and allowed to grow but generate an annual grant from a small percentage of the fund. These funds are permanent and last forever.

Funds are customizable. Donors can establish funds to support an organization they are fond of, support an area of interest, honor a family name or leave for general community purposes.

“We are extremely pleased that we have met this important milestone for the community, and will continue to reach higher goals for the future,” said Gina Heck, president of the Rhinelander Community Foundation. 

The RCF Board is currently reviewing grant applications for the 2024 Grant Cycle and will announce the recipients in April.

The Rhinelander Community Foundation is nationally accredited by The Community Foundations National Standards Board for excellence.