PEOPLE & PARKS Fund Created by Sharon Prete
February 28, 2008 – The Greater Round Rock Community Foundation is pleased to announce its newest fund, the People and Parks Fund. The fund is structured much like a giving circle in that donors to the fund receive a vote as to how the funds will be used in enhancing and improving our parks system.
Sharon Prete, who served as the City of Round Rock’s Parks and Recreation Director for 27 years, made an initial donation of $25,000 to create the endowed fund. Each year, earnings from the fund along with monies raised from the public will be distributed to fund a parks project. The Parks and Recreation Department will submit several possible projects and those community members making a $10 per child, $15 per individual or $20 donation per family will receive a vote. The projects will be presented on the City’s Channel 10.
According to Nancy Rabb, Chair, Board of Governors, “The Foundation applauds Sharon for her ability to create a fund that not only will benefit the Park System and the residents who enjoy the outdoors, but also gives individuals the opportunity to participate and feel that they are making a difference”
The Fund has been structured so that it is within reach of all members of the community. According to Sharon Prete: “The intent is to provide a grassroots opportunity for the community to come together to invest in the Round Rock Parks System. By combining resources, we can make a positive impact, show pride of ownership and continually help to strengthen the Parks System.”
By banding together and pooling resources, individuals can make a philanthropic impact in the community that benefits all—and doesn’t cost any one person an “arm or a leg. “This joint effort can provide a gigantic “bang” for the buck.”
The fund has the potential to result in significant improvements to the Park System. As there is never enough money to cover all public services at the level all its citizens would like, and quality of life is so important to a dynamic growing community like Round Rock, the fund will help maintain a strong foundation in order for the park system to grow. “During this past legislative session we heard about the deterioration of the State Park System due to lack of funding. As the Parks and Recreation Department updates its strategic plan, it is a great opportunity to show our support by investing in our Park System. All members of the Round Rock community are encouraged to participate—people who live or work in Round Rock—youth, adults, families” according to Prete.
The fund will have minimal formal structure – there will be no officers or boards. The Greater Round Rock Community Foundation staff will handle the administrative details and an online ballot will be emailed to members in November.
Donations are being accepted now through September 30th. For more information, please refer to the Community Foundation’s website at www.rrcommunityfoundation.org or contact Kami Barron, Executive Director at 255-5805.
The Greater Round Rock Community Foundation is a tax-exempt public charity created by and for the people of Round Rock. It enables people with philanthropic interests to easily and effectively support the issues they care about—immediately, or through their will. Donors can establish a charitable fund at the foundation by contributing a variety of assets and may also recommend grants—in their name, if they choose—to nonprofit groups they want to support.