Endowments in Action: Friends of Peninsula State Park

The following article was featured in the Door County Community Foundation‘s October email newsletter:

The Community Foundation is honored to administer the Friends of Peninsula State Park’s For Now and for the Future Fund, Interpretive Nature Center Fund, and the Research Grant Fund.

Friends of Peninsula State Park supports the Park’s mission: to protect the natural and scenic resources of the park and to provide compatible forms of outdoor recreation and education.

Over one million people visit the 3,776-acre park each year.  At least 14,000 participate in nature programs. FPSP has engaged in centennial activities (2009) and invasive species management. It has allocated matching grant funds for an open-air shelter at Nicolet Beach (2011-12 project), bought ski trail grooming equipment, and purchased archival supplies. FPSP manages merchandise sales, with proceeds primarily funding the wages of the summer naturalist and invasive species coordinator. Friends have also supported program presenters such as Bat Conservation of Wisconsin.

FPSP provides critical support for Peninsula State Park, a premier property within the Wisconsin State Park System and a gateway to other Door County heritage sites.

Please consider incorporating gift to this endowment in your estate plans. Speak with your attorney, accountant or other estate planning professional. Or contact the Community Foundation and we’d be glad to help facilitate your generosity.

Many charities entrust the administration of their endowment funds to the Community Foundation. It’s a safe and responsible way to manage endowed gifts, long-term assets or operational reserves.

The non-profit community also counts on the Community Foundation’s planned giving expertise to facilitate gifts into their endowments. By aggregating these assets under the umbrella of the Community Foundation, economies of scale allow for a far more diversified investment portfolio and lower investment fees than any of the charities could achieve on their own.