2021 Report to the Community

Page 1

Heart ofGold

recipient

Diana verdegan

Diana has been married to Larry Verdegan for 46 years. They have 2 children, Kelly and Kim. Kelly has 2 children, Jacob and Brooke. Kim lives at home with her parents. Diana is a LPN and worked as a nurse until Kim was born in 1985. She coordinated the Rusk County Birth to 3 Program for 25 years and also worked with families who have school age children with special needs. After retiring, Diana has enjoyed spending time with family. She likes to garden—vegetables and flowers.

She spent a few years on the Rusk County Community Foundation Board and the Flambeau Forever Foundation Board and has volunteered in classrooms at the Flambeau School. Diana currently coordinates the Red Cross Blood Drives at St. Anthony’s in Tony.

Aileen Tauchen, Secretary

Kevin Smith, Treasurer

Kyle Jeffress, Director

Robert Lecheler, Director

Sarah Lundgren, Director

Jackie Pederson, Director

Rich Summerfield, Director

Andy Albarado, Director

P.O. Box 54 Ladysmith, WI 54848 715.532.0772 ruskfoundation.org info@ruskfoundation.org To improve the quality of life in the Rusk County Community through permanent endowments and grant giving. Report to the Community 2 • 0 • 2 • 1 Mission
volunteer Board of Directors:
All
Bev Dukerschein, Chair
Debra Klein, Vice-Chair
You are the Future

Rusk County is better and brighter thanks to its good-hearted residents; donors who give as they are able, to make this a great place to call home. The Foundation works to find ways to improve our little corner of the world. For the last 14 years, we have worked to inspire philanthropy, enrich our community and serve donors.

Community You are the Future

Current Funds Under Management

• Rusk County Community Endowment Fund

Culture/Music; Theater & Arts; Environment; Recreation & Wildlife; Social Service; and Education

• Ladysmith Educational Enrichment Fund (LEEF)

• Norda, Inc. Non-traditional Scholarship Fund

• Women With Courage Endowed Fund

• Rusk County Library Endowment Fund

• Gordon and Beverly Dukerschein Donor Advised Fund

• Dukerschein Scholarship for Flambeau School Fund

• Jack and Jackie Pederson Donor Advised Fund

• Partners of Marshfield Medical Center - Ladysmith

• Shane Jenness Special Needs Fund

• Smith-Allen Family Donor Advised Fund

• Dennis Van Wey Legacy Fund

• Flambeau Forever Foundation Fund Academics; Athletics; and Activities

• Larry and Shirley Dukerschein RCCF Fund

• Lorkowski Scholarship Fund

$3,475,895.95

AS OF OUR FISCAL YEAR-END (JUNE 30, 2021) IN FUNDS UNDER MANAGEMENT

31 FUNDS UNDER MANAGEMENT Future

5–6 MILLION EXPECTANCIES

anticipated funds from estates

$3,475,895.95

Assets Under Management • End of Fiscal Year 0 500000 1000000 1500000 2000000 2500000 3000000 3500000 funds endowed *2010*2011*2012*2013*2014*2015*2016*2017*2018*2019*2020*2021 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 3,500,000 2013 2011 2015 2010 2014 2012 2016 2017 2018 2019 2020 2021

RCCF Equity ............. $2,295,671 RCCF Liabilities ......... $1,180,225 (AGENCY FUNDS) RCCF Total Assets ..... $3,475,896 RCCF Endowment ..... $3,396,629 RCCF Local Banks .......... $79,267 RCCF Total Assets ..... $3,475,896

• Rusk County Advancing Innovation/Economic Development Fund

• Flambeau Valley Arts Association Fund

• Joseph R. Geisler Scholarship Fund FBO Bruce Graduates

• Ladysmith First Church of Christ Endowment Fund

• Give365RUSK Endowment Fund

• Servite Center for Life Advised Fund

• Rusk County Animal Shelter Building Sustainability and Enhancement Fund

• Dan Glaze Memorial Scholarship Fund

• Anita and George Lawrence Covenant Fund

• Dennis B. Kovacevich Fund

• Kyle Kempen Memorial Scholarship Fund

• Hawkins Forever Fund

• Helping Hands

• Ek Fund For The Musical Arts

• Hawkins Forever Fund

• School District of Ladysmith Scholarship Fund

MANAGEMENT: The Foundation is overseen by a volunteer Board of Directors, which operates the organization under established By-Laws. The Board is responsible for the establishment of committees that undertake fundraising, in-vestments, grants, marketing etc. The Foundations By-Laws, Annual Reports, and Financial Reports are available to the public.
$501,310.00 TO DATE, WE HAVE GRANTED A TOTAL OF
$228,983 $304,895 $360,781 $630,980 $872,956 $988,597 $1,745,362 $2,042,959.26 $2,264,134.00 $2,539,226.07 $2,621,142.55 summary
Annual Growth 2010-Today
Report
to the
The data below is just a snapshot of what the Foundation is about. Our core is built on strong endowment funds that will meet community needs now and for years into the future. We come together to unite the generosity of some for the good of many.
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