At the Kids’ Chance of PA 25th Anniversary Gala in October, 2022, President-Elect Rob Alcock made the following announcement:
“I would like to tell you about our exciting plans for the next 25 years and beyond! Our Board is very much focused on the future. One of our strategic responsibilities is to ensure the long-term financial sustainability of Kids’ Chance of PA, and to help us accomplish this, our Board has established an Endowment Fund. This will allow us to sustain our mission and will benefit Kids’ Chance of PA in three ways. FIRST, it will create financial stability and help us to weather the ups and downs in our normal fundraising efforts. SECOND, the endowment funds will be professionally managed by an investment firm – with oversight by our Board and Finance Committee – with a focus on growth over time, so it will generate income to fund scholarships and operations in the future. THIRD – and maybe most importantly – it sends a strong message to the community and our donors about the long-term endurance of Kids’ Chance of PA as an organization. It says that we plan to be around for a very long time and that our mission to provide Hope and Opportunity through scholarships will endure well into the future.”
Donations of any amount can be directed to the Endowment Fund, but one of the very special giving opportunities we have created within the endowment Fund is the ability for donors wishing to make a significant gift to create a Donor-Designated Fund. With a commitment of $250,000 or more, a donor can define what their gift will be used for, such as a named scholarship.
We are very excited to announce that we have our first Donor-Designated Fund – the Lewis and Julia Zimmerman Memorial Scholarship Fund established by longtime supporter and advocate of KCPA, Suzanne Emmet and her family in honor of her grandparents. Lewis Zimmerman, Suzanne’s grandfather, suffered a serious injury at the workplace that was not compensated, and his family’s life was forever altered. Suzanne has been an advocate for injured workers and their families for her entire career, and creating the Lewis and Julia Zimmerman Memorial Scholarship was the next logical step towards ensuring that no child’s education should be sacrificed due to their parent’s serious injury or death.
Photo of Lewis and Julia Zimmerman with their 7 children in1931, when Lewis was running for County Treasurer
For information on how to make direct deposits to the Lewis and Julia Zimmerman Memorial Endowment Fund or to the KCPA General Endowment Fund, click HERE