EVERY GIFT MATTERS
Reach goal. Set new goal. Repeat. WP4KU fund hits a benchmark: $100,000
following the presentation that she would endow the fund. Hoglund challenged fellow board members to match Hare-Schriner’s gift, and they did. The board set a new goal, which was reached earlier this year: to raise the fund to $100,000. Cathy Daicoff, current Advisory Board co-chair, said, “The KU Women for KU Women Fund is a wonderful example of how a small amount of giving can change a life.” — Jess Skinner
WP4KU for you, too
For more information about Women Philanthropists for KU, visit kuendowment.org/wp4ku or contact Pam Smith, email@example.com or 785-832-7441.
Sometimes a simple idea turns into something big. In this case, $100,000 big. In the fall of 2004, a task force of KU Endowment staff began an initiative to highlight the importance of women donors to KU. They created a mission statement and formed a volunteer advisory board with 33 members. Women Philanthropists for KU, also known as WP4KU, was born and became the official women’s organization for KU Endowment. One of the advisory board’s first efforts was to create a fund that would help female KU students. Sally Hoglund, WP4KU Advisory Board co-chair at the time, asked all members to donate $250 to the fund, which was appropriately named the KU Women for KU Women Fund. Now, 325 individual gifts later, it has become a $100,000 endowed fund at KU Endowment. The KU Women for KU Women Fund provides emergency one-time financial support (up to $500) to fulltime seniors and graduate students to assist in their academic and professional growth. Sixty-six women have benefited from the fund since its establishment. Hoglund said, “There are times when you just need a one-time, small something to get you over the hump.”
In addition to helping young women in need get back on their feet during critical times in their lives, WP4KU board member Sally Hare-Schriner said the fund also was created as a way to reach out to younger donors and teach them about philanthropy. The Emily Taylor Women’s Resource Center on KU’s campus awards the funds. After having established the fund in 2004, WP4KU made endowing it a priority. Endowed funds are invested to generate spendable resources indefinitely, and must reach $30,000 to be managed this way. In 2006, Hare-Schriner donated the money needed to endow the fund. Hare-Schriner said she heard two things at a WP4KU presentation that motivated her to make the donation. The speaker encouraged women to make monetary gifts during their lifetimes so that they could enjoy giving while living, and gave this advice: If you want something done, just do it. HareSchriner told Hoglund immediately
Katherine Rose-Mockry, director of the Emily Taylor Women’s Resource Center, met Angela Lindsey-Nunn at a WP4KU meeting in 2010. Lindsey-Nunn had received support from the KU Women for KU Women Fund. KUENDOWMENT.ORG |