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Friday, September 27, 2013

Community Foundation for the Twin Tiers annual dinner on Saturday, Oct. 19, 2013 at the Ulysses Fire Hall

POTTER COUNTY COMMUNITY FOUNDATION FOR THE TWIN TIERS

ANNUAL DINNER

Community Foundation for the Twin Tiers will hold its annual dinner on Saturday, Oct. 19, 2013 at the Ulysses Fire Hall, with a 6 p.m. dinner followed by entertainment and the presentation of grants to Potter County non-profits.

Each attendee will receive one ticket for the drawing, and the individuals whose names are drawn will each have the opportunity to choose a non-profit to delegate as their grant recipient. All county non-profits are encouraged to get as many of their board members and supporters as possible to attend the celebration in order to increase their chances of getting one of the $500 grants.

Entertainment will be provided by Randy Cimino from Roulette, who achieved the “Triple Crown” of long-distance hiking by backpacking all three major north-south trails in the United States for a total of approximately 8,000 foot-miles: the Appalachian Trail, the Pacific Crest Trail, and the Continental Divide. Randy will share tales of his adventure, demonstrate some backpacking gear, and show pictures of trail highlights.

The purpose of the Community Foundation for the Twin Tiers is a vehicle for individuals, families, businesses, and local non-profits to set up endowment funds to provide income now and forever. Most charitable gifts are spent immediately, but an endowment provides a revenue stream “For Good … For Ever.” Grants are provided into perpetuity and invest in long term solution versus a temporary fix that only provides a band aid to ever changing community needs.

Currently, seven endowment funds through CFTT exist to benefit Potter County. The Ulysses Library has a $250,000 endowment fund, which generates $10,000 a year in income for the library. The Potter County Discretionary Fund will give out a $400 grant at this event. The Darlene J. Sitler Memorial Scholarship Fund gave out its first scholarship of $1,000 this year. The Northern Potter Scholarship Fund also gave out its first scholarship this year. The Robert B. Merten Circle of Fifths Music Award provides a scholarship to a student from Potter County who is going on to pursue a degree in music. The Darlene Sitler Music Fund provides support to the Northern Potter Childrens School music program. The Barbara Joy Olney Community Harmony Fund supports musical, artistic, theatrical, and educational programs sponsored by the Ulysses Library.

One purpose of the this dinner is to acquaint people with the many different types of funds and the opportunity to add to existing funds to help them grow, or to create specific new endowment funds to benefit local causes close to their heart.

Tickets to the event are $20 and are available at Olga’s CafĂ© in Coudersport or Olney Funeral Home in Ulysses. For more information, contact CFTT at 570-888-4759 or 814-848-7542 locally, or e-mail cftt@stny.rr.com or brolney@hotmail.com.

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