During Cedarhurst’s 40-year history, many individuals and families have made gifts of personal significance that have helped sustain the museum. Gifts at the Major Gift level demonstrate how personal wealth and a civic-minded spirit, can preserve the most beautiful sentiments of the humanity of the past. There are several ways to give major gifts.
In order to complete a $8 million expansion and renovation in 2008, Cedarhurst led a capital campaign to raise funds for the project. Nearly $7 million has been pledged and collected, but the museum still hopes to settle the remaining $1 million in debt by way of public contribution.
Naming opportunities are available in the Mitchell Museum, Shrode Art Center, and Goldman*Kuenz Sculpture Park. Prices range from $5,000 to $1 million. Contact Director of Development Hillary Esser for more details.
FRIENDS ENDOWMENT FUNDS
When considering programs, Cedarhurst staff try to respond to the needs of surrounding communities, which means specific programs may change over the years. Creating a series of Friends groups ensure future activities in the following areas:
Funds for the Friends of Education and Friends of Chamber Music have already been established. Monies go into the endowment and are invested in the Mitchell Foundation portfolio with the earnings from that particular fund restricted to that department’s programs and activities. To calculate the allotment from the endowment to the budget, we use the rolling average of the portfolio’s market value from the last three years and take six percent of that average to support programs.
There is a minimum contribution for each Friends fund. Contact Hillary Esser, Director of Development, at 618-242-1236 ext 228 or email firstname.lastname@example.org for more information.