Fund wants to increase fundraising stakeholders, add to growing endowment
Originally published: Sept. 18, 2012, 9:21 a.m.
Updated: Sept. 19, 2012, 2:21 p.m.
Updated: Sept. 25, 2012, 1:47 p.m.
CHARLOTTE, N.C. — The Charlotte Business Guild hosted their monthly dinner Tuesday evening with special guest speakers from the Charlotte Lesbian and Gay Fund, who discussed the work they do and the $110,000 in funding they recently provided to local LGBT non-profit organizations.
The Guild’s meeting started with cocktails and conversation before dinner and a short speaking program from Charlotte Lesbian and Gay Fund members Kevin Levine and Marcia Tillotson. Levine and Tillotson also took questions.
The Fund will celebrate its 10th anniversary in 2013, Tillotson said. She and other members hope to increase the number of their fundraising “stakeholders” from the current 55 to more than 75. Stakeholders are individuals or couples who give $1,000 or more to the Fund each year.
Levine and Tillotson also said the Fund hopes to grow its funding sources so they last “past our lifetimes.” Their endowment was just $25,000 three-and-a-half years ago, said Tillotson, and now stands at about a $250,000. Part of their success has come from estate giving. Their goal is to eventually increase the endowment to $500,000.