Our 5th Annual Wood Bankquet
January 21, 2017, Congregational Church of Cumberland
5:30 – 6:00 Arrive 6:00 pm Dinner
Purpose: To honor and recognize all who support our efforts. To provide a free hot meal for those in need. To raise funds to continue operations. To make new friends and to re-connect with old friends….and to have FUN!
Please RSVP Here
This year, we hope to raise at least $15,000 by the end of the bankquet to establish an endowment for perpetuity that will ensure the ability for the woodbank to continue operations. Every year we have pledged 100% of the revenue from the sale of firewood to fuel assistance. Every year, our volunteers and supporters cover operational expenses incurred. There is no reserve for a major equipment failure or other contingency. After starting this ten years ago, I will remain involved on a limited basis but will retire as Chairman as of the Bankquet. My goal is to leave with the funds in place to ensure its continuity. The $15k+ will be placed in an investment account to generate growth and income that will be used for annual operating expenses. Any money used from the $15k reserve must be replaced within the same year. Any surplus funds beyond operating expenses above the $15k will be available for additional fuel assistance during difficult seasons. We have $5000 pledged to match $1 for every $2 raised through the raffle and bankquet, getting us to the $15k. Your support in this effort is greatly appreciateds. If you wish further information, please feel free to contact Bruce at 747-2868 x 500.
Be sure to enter the raffle:
$10 for one ticket, $50 for six tickets, $100 for fourteen tickets.
Two-wheeled log carrier