Act prior to January 1, 2018 to DOUBLE your gift under the $80,000 Matching Gift Challenge that was announced on October 10, 2017. A Spider Lake family (who requested anonymity) announced a $50,000 "Matching Gift Challenge." This prompted two families to add $30,000 to create a total MATCHING GIFT CHALLENGE of $80,000. These families will match every dollar contributed to SCLA through December 31, 2017 up to a maximum of $80,000.
Spider Lake friends and neighbors are encouraged to spread the word among our lake community of this generous match, and to contact any member of the SCLA leadership team for details on ways to donate, including gifts of appreciated securities. Click here for the link to further details on how to donate to SCLA, a 501(c)3 corporation.
As of October 10, 2017, members had funded roughly ONE THIRD of original $1.2 Million goal to create a financially sustainable association. The goal includes creating two funds: (i) an $800,000 Endowment Fund, and (ii) a $400,000 Operating Reserve Fund. The Endowment Fund, with its 3% Spending Policy, is designed to generate roughly half of the SCLA expected annual budget. The Operating Reserve Fund is designed as a liquid fund to use if/when invasive species must be mitigated (ie: harvested or eradicated with chemicals). Although SCLA is able to apply for and receive certain grants, grants are becoming increasingly difficult to obtain, hence, members fund the majority of mission activities to protect our lakes and watershed.
We are grateful for the 70+ families who have contributed financially to our mission. We hope you join us in helping to preserve and protect this wonderful natural resource!
Sunrise over Little Spider