Recommendation

 Purpose

I am writing to recommend the creation of a Puukahea Campsite Endowment Fund. The goal of this fund is to ensure the long-term sustainability and development of the Puukahea Campsite, fostering both its operational needs and its continued impact on the community.

Background

The Puukahea Campsite has become an integral part of our organization’s mission, providing a unique space for community engagement, outdoor education, and cultural enrichment. As we look to strengthen its future, it is vital to establish a financial base that will ensure the campsite's operations, maintenance, and future enhancements.

An endowment fund, invested and managed over time, will provide the financial stability needed to meet our current and future needs. The establishment of this fund will allow us to raise and manage funds in a way that generates both short-term and long-term returns, thus contributing to the continued success of Puukahea for generations to come.

Action Requested

I recommend the Board approve the creation of the Puukahea Campsite Endowment Fund, with the following components:

Establishment of the Fund: Creation of a restricted endowment fund specifically designated for Puukahea Campsite.

Governance and Management: Empower the Executive Director-Treasurer to oversee the management of the fund, ensuring its proper allocation, monitoring, and long-term growth.

Outreach to Mainland Partners: Authorization for the Executive Director-Treasurer to create informational materials and conduct outreach with mainland partners, donors, and supporters to encourage contributions to the fund.

Fundraising Strategy: Development of a comprehensive plan that includes outreach, communication, and fundraising opportunities to build the fund through strategic partnerships and donor cultivation.

Rationale

Sustainability: The endowment fund will provide a permanent financial resource that supports Puukahea’s core operations, maintenance, and growth without relying solely on annual funding cycles or grants.

Community Engagement: With increased outreach to mainland partners, we will further solidify our relationships with national and international stakeholders who align with our mission and can help build the fund.

Legacy: An endowment ensures that future generations will have access to the Puukahea Campsite and its programs, maintaining its mission-driven work long into the future.

Conclusion

The creation of a Puukahea Campsite Endowment Fund represents a forward-thinking step to ensure the sustainability and long-term viability of this important community asset. By taking immediate action, we can begin the process of building this essential financial foundation, secure future funding, and expand our partnerships in support of this initiative.

I respectfully request the Board’s approval to move forward with the creation of this endowment fund and to authorize the Executive Director-Treasurer to take the necessary steps to develop the required materials and outreach strategy.

Thank you for your consideration.

Sincerely,

[Your Name]

[Your Title]

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