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Executive Director

A Note from Melanie Hall, Executive Director of the Montrose Community Foundation:

Roller coasters are exhilarating.  The anticipation builds as the coaster climbs.  The thrill in reaching the peak and the anxiety-building descent that follows all add to an unmatched experience.  Not being a thrill seeker myself, I most enjoy the recovery as the coaster levels out and my eyes open, my stomach settles, and my heart slows.   Together, we have experienced an economic ride and have reached the recovery stage.  What a journey it has been!

 

I am pleased to report to you that in one of the most challenging economic environments on record, your Montrose Community Foundation is emerging strong.  The Foundation’s endowment remains solid, experiencing a mere 13% loss last year, at a time when many foundations and charities are struggling to reconcile losses to their corpus as high as 40%.  Through conservative management, we are gaining speed and have recovered 15% of the original value already this year while providing substantial income to return to the community in the form of grants.

Support of our community– through granting to nonprofit organizations, awarding scholarships to deserving students, building permanent endowment funds, and promotion of volunteerism– continues to reflect the intentions of the founding members of the Foundation.    The Foundation has experienced remarkable growth over the last two decades through your generous donations.  On behalf of the Board of Directors, please accept our sincere appreciation for your past giving.

2010 promises to bring more opportunities to deepen the impact of the Foundation.  As anticipated, the number of proposals and the amount requested during the competitive grant cycle grew substantially this year, reflecting the need to expand the Foundation.  To respond to this trend, the Board of Directors established a legacy giving program this year through the Spruce Society.

By sharing your vision and resources with the Montrose Community Foundation today, you are sustaining the present and investing in the future. Please feel free to contact me to determine how together, we can continue “Growing Strong.”