Chapter’s Endowment Fund Grows

Karen Anderson, who was officially admitted to DAR on 5 Oct 2021 as a member of the Lake Minnetonka Chapter, has donated $500 to the chapter’s newly-created endowment fund. The gift was made in memory of her mother, Dorothy Wagner, and as recognition of her Aunt Carolyn Goodenough, whose genealogy research enabled Dorothy to become a DAR member.

Dorothy joined the Sara Copus Chapter in Ashland, Ohio, in 1977. After retiring, she spent part of her time in Ft. Myers, Florida, and affiliated with the Caloosahatchee Chapter. She served as Regent and/or Vice Regent in both chapters.

Dorothy died in January 2021 as the result of Covid-19. Her cremains were buried in Ohio next to her husband. Per her request, a DAR emblem was attached to her gravestone.

The chapter is grateful and honored by Karen’s generous gift.

Background

Sandra-Faith Lamb, our Organizing Chapter Regent, arranged for a donation of nearly $7000 to be made to the Lake Minnetonka Chapter after her death in December 2020. To conserve and grow this gift, chapter members voted 25 Sep 2021 to establish an endowment fund.

Once the fund reaches a minimum of $10,000, annual distributions of 4-5% of the account balance may be made toward causes consistent with the DAR’s mission and values. The Endowment Fund Policy is posted on the members’ website with other chapter documentation.

Cash contributions including memorials are welcome. A chapter committee will oversee the endowment fund and report regularly on its status

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