Prepare for Life
"The Past is our heritage,
The present our opportunity,
The future our hope."
Encouraging gifts to the Katahdin Area Council endowment fund is one of Scouting's highest priorities. It is one of the best ways to ensure that our council will continue to offer the outstanding programs it now has and also grow to meet the needs of the youth and communities it serves.
In its gratitude for such support, the Katahdin Area Council, Boy Scouts of America offers three distinct endowment recognition awards. These awards are presented at local events that the Katahdin Area Council conducts.
The Katahdin Area Council will be holding a special Endowment event at Camp Roosevelt to educate volunteers on the importance of planning for the future.
June 5, 2010, Endowment seminar at Camp Roosevelt. (Tentative Date)
Othe endowment programs are:
· James E. West Fellowship Program
· The 1910 Society
· Katahdin Area Council Heritage Society
· Founder's Circle Recognition
The James E. West Fellowship Program Membership in the West Fellowship is available for gifts of $1,000 or more in cash, stocks, or bonds to a council endowment fund. The gift must be in addition to, and not replace or diminish, the donor's annual Friends of Scouting support.
James E. West was the first Chief Scout Executive of the Boy Scouts of America, serving for more than three decades. Many individuals and corporations make these gifts either on behalf of someone else, such as to honor of an Eagle Scout, a Scouter retirement, special accomplishment or anniversary, or in memory of another. If an institution is truly "the lengthened shadow of one man," it is fitting that the BSA honor James E. West's significant contributions to Scouting through this fellowship and legacy.
The 1910 Society
1910 Society membership is available to donors who make gifts of $25,000 or more to the Katahdin Area Council Endowment Fund. These gifts can be in the form of cash, securities, land, five-year pledges, or other property suitable for a council endowment (or easily converted to cash). There are four levels of recognition, in honor of four very special individuals who shaped modern-day Scouting:
Ernest Thompson Seton:nationally known artist, naturalist, and author of the first official American Scout handbook and other important Scouting books; $25,000 minimum gift
Daniel Carter Beard: first National Court of Honor chairman, first national Scout commissioner, and author of many well-known books and stories for youth; $100,000 and up
First Chief Scout Citizen, first president of the BSA, and President of the United States; $500,000 and up
One of the BSA's first benefactors and donor to the BSA of almost 130,000 acres of land in New Mexico and the heart of Philmont Scout Ranch; $1,000,000 and up
Council Heritage Society
The Katahdin Area Council Heritage Society is intended to recognize deferred gifts, less than $100,000, designed for council endowment funds. With deferred giving (planned giving) so widely and effectively used by so many donors, the BSA wants to recognize the importance of such major gifts. Unlike the other endowment recognition awards, a donor may qualify for membership with gifts made through:
· Charitable bequest in a will or codicil
· Charitable trusts, such as unitrusts, annuity trusts, and lead trusts
· BSA Gift Annuities or BSA Pooled Income Fund gifts
· Other deferred gifts approved by the Katahdin Area Council
Founder's Circle Recognition
Recognition for deferred gifts of $100,000 or more.