Old Bill’s Fun Run 2012 will be held at Jackson Town Square on September 8th at 10AM. Participants run or walk 2K, 5K or 10K in competitive or recreational categories. There will be costumes, music, a free brunch and awards. Register for the run/walk here by September 7th at 5PM.
Mr.
and Mrs. Old Bill generously provide the first $500,000 in matching funds. The
Community Foundation raises additional matching funds from individuals,
businesses and organizations in the community, known as Co-Challengers and
Friends of the Match. When all the gifts have been recorded and acknowledged –
approximately four weeks after the run – the Community Foundation calculates
the match percentage based on the total amount of match money available
relative to the total amount of designated contributions, up to $25,000 for
each organization. All eligible participating organizations receive the same
percentage match on the first $25,000 in designated contributions they raise.
The match percentage will be announced at the Awards Party on October 22, 2012.
100%
of all designated contributions are passed on to eligible organizations that
donors recommend (subject to the Community Foundation’s variance power) along
with a match percentage on the first $25,000 raised on their behalf. 20% of the
matching pool is allocated to the Foundation’s Competitive Grants program for
the coming year, providing a year-long opportunity for organizations to apply
for grant support. To successfully produce the event each year, the Foundation
assesses a 5% administrative fee from the match pool.
Over
the past fifteen years, the event has helped local charities raise nearly $83
million and has touched the lives of thousands.
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