Your opportunity to invest in the future of Pennsylvania Hiking Trails!
How it works
Contributions to the endowment fund remain in the fund in perpetuity. The interest earned on the endowment will be used to benefit trails through grants to clubs, KTA annual operations, and long term hiking trail projects. The KTA Board and Council will direct how the interest earnings are to be allocated.
1. Anonymous contributions are welcome and will be kept anonymous and honored that way.
2. Individuals may also recognize other family members, deceased KTA members, or others.
3. KTA organizational member clubs and other groups may also make contributions to the fund.
4. Contributions may be given over a time period up to a five year period for Keystone Hiker and higher levels of giving.
5. ANY amount of gift toward the endowment fund is welcomed.
6. Contributions to the ongoing KTA operations are encouraged above endowment contributions.
Endowment Fund Brochure | |
File Size: | 1777 kb |
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Background
At the January 4, 2020 Board meeting the Board established the Keystone Trails Endowment fund with the Community Foundation for the Twin Tiers. The Board voted to invest an initial $100,507 of the contributions from the Richard Hiemenz Estate bequeathed to KTA into the endowment fund.
The Community Foundation for the Twin Tiers manages the endowment fund investments along with many other non-profit organizations. The Community Foundation for the Twin Tiers offered a match of $10,000 contribution to the fund as part of the establishment of the endowment fund.
At the January 4, 2020 Board meeting the Board established the Keystone Trails Endowment fund with the Community Foundation for the Twin Tiers. The Board voted to invest an initial $100,507 of the contributions from the Richard Hiemenz Estate bequeathed to KTA into the endowment fund.
The Community Foundation for the Twin Tiers manages the endowment fund investments along with many other non-profit organizations. The Community Foundation for the Twin Tiers offered a match of $10,000 contribution to the fund as part of the establishment of the endowment fund.