Honoring the John and Carrie Hayden Foundation Leaving a Legacy: Spotlight on the Endowment Fund

Honoring The John and Carrie Hayden Family Foundation

By: Carrie M. Starts

It is the pleasure of the Junior League of Cincinnati to highlight and honor one of its biggest supporters and its contribution to the Centennial Campaign, The John and Carrie Hayden Family Foundation. When Carrie Hayden was approached regarding the Centennial Campaign, she and her daughter, JLC member Katie Hayden Gamber, jointly made the decision to support the campaign on behalf of the foundation. There was no hesitation after considering the impact the JLC has made on Carrie, Katie and the community. Carrie joined the JLC when she was twenty-three years old. She made lifelong friends through the JLC, who have supported her through all of her life’s ups and downs. Carrie loves how the JLC looks for a need in the community and fills that need through it’s projects. She supports the JLC because of what it has meant to her life and because it gives women the opportunity to learn how to become a volunteer leader in the community. The JLC propelled her into the role of Board Chair of the United Way of Greater Cincinnati, and she attributes her success in this role to the skills she learned in the Junior League of Cincinnati. Carrie strongly believes the JLC “makes things possible that might not otherwise be so.” The JLC is so thankful for the ongoing support of Carrie, Katie and the foundation; their generosity will support the four pillars of the Centennial Campaign, including training, the Columbia Center, the endowment fund and our projects.

John and Carrie Hayden

Leaving a Legacy

SPOTLIGHT ON THE JLC ENDOWMENT TRUST FUND

By: Lauren Gonzalez

Throughout the years, the Junior League of Cincinnati’s membership has funded the JLC Endowment Trust Fund (the “Endowment”) through gifts of all sizes, as well as a dedicated Endowment Campaign in 2006. Currently, the Endowment is valued at approximately $2,130,000, of which approximately $1,980,000 is unrestricted, meaning these funds can be used for any Junior League Cincinnati need. It is carefully overseen by eight current Trustees and four ex-officio members. Each year, the Endowment makes an annual distribution to the JLC of approximately 4% of the average value of the unrestricted principal of the trust. Since the Endowment was established in 1994, nearly $600,000 has been distributed. The importance of donating to the Endowment is that any funds donated are invested—and the larger the Endowment grows, the larger the contributions to help fund the JLC each year. Very tangible uses of these funds have included improvements to the JLC’s parking lot and updates to the JLC’s technology. The Centennial Campaign in 2019 aimed to add $300,000 in additional funds to the Endowment in order to ensure the JLC’s enduring legacy; this is achieved by strengthening the organization’s financial foundation, helping us to maintain our commitment to our mission, and providing a dependable supplement to the JLC’s annual operating budget.