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hang glider over blue mountains .

 

McDonald Mountain Fund

In 2008, the Foundation for Free Flight created a special fund to be used for the preservation of McDonald Mountain in the Puget Sound area of Washington State. The fund will exclusively be used for site preservation projects on and around McDonald.

Because the McDonald project is likely to be expensive but fairly short term, the Foundation established a special set of rules for its fund that are intended to have its monies quickly disbursed in grants, rather than balancing current needs with endowment building as we do for our other funds. The Foundation views this as an experiment and, if successful, will consider establishing other such targeted funds for particular high value, high contribution projects in the future.

The special rules that the Foundation adopted to govern the McDonald fund are:

Special Fund Rules:
1. The Fund is for site preservation projects within 10 miles of McDonald Mountain LZ, in the state of Washington.
2. Contribution rules require $1 contribution to the endowment of the Foundation General Fund or Site Preservation Fund for every $9 contributed to the McDonald Mountain Fund; a 9:1 ratio. When contributions are made to the McDonald Mountain Fund, the 9:1 rule is applied automatically.
3. Distributions from the McDonald Mountain Fund will require the grantee to follow the Foundation’s grant application process.
4. Grant requests from the McDonald Mountain Fund will not be subject to the Foundation's matching funds rule.
5. The McDonald Mountain Fund will sunset on July 1, 2018 and all remaining funds will revert to the Foundation's General Fund which can be used for any Foundation purposes.

NOTE: If contributors give $100 through the link or via check, we’ll put $90 in McDonald and $10 in the general fund. You don’t need to make two separate contributions. If you want the $10 to go to the site fund, then please specify that explicitly along with your donation.

Direct Donations by check thru the mail are preferred since there is no additional overhead as with Groundspring.

Direct Contributions by Mail:
Contributions to the fund can now be made directly by mailing your contribution to the Foundation:

Connie Work, Executive Director
Foundation For Free Flight
PO Box 518
Dunlap, California 93621

Contribution intentions or requests about this fund may also be emailed to Connie_Work@foundationforfreeflight.org

Indicate on your check or letter the fund(s) that you want your contribution allocated to the McDonald Mountain Fund. Also, if you want your contribution to be anonymous, please indicate "anonymous" on your check or in the letter.

Online Contributions:
Contributions can now also be made online. The Foundation has partnered with Groundspring.org to facilitate secure online credit card transaction. When donating online, please indicate the donation is to be made in the McDonald Mountain Fund.

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© 2009 The Foundation for Free Flight
Last changed June 7, 2009