PEOPLE & PARKS

"GIVING CIRCLE"

 

A "Giving Circle" is being formed through the Community Foundation called People & Parks. It is an annual commitment, and is designed to be as simple and uncomplicated as possible.   

This Fund has been structured so that it is within reach of all members of the community.  The intent is to provide a grassroots opportunity for the community to come together to invest in the Round Rock Park System. By combining resources, members can make a positive impact, show pride of ownership and continually help strengthen the Park System.

In order to be successful, the fund will:

1. Engage the entire community-men, women and children-everyone who lives or works in Round Rock. By banding together and pooling resources, the fund can make a huge philanthropic impact in this community that benefits all. This joint effort can provide a gigantic "bang" for the "bucks" put out individually.

2. Fund significant improvements to the Park System. There is never enough money to cover all public services at the level we would like. Quality of life is very important to a dynamic growing community like Round Rock-its citizens must help maintain a strong foundation in order for the park system to grow. During this past legislative session Texans heard about the deterioration of the State Park System due to lack of funding. As PARD updates its Master Plan, it is a great opportunity to show our support by investing in our Park System.

STRUCTURE

DONOR GROUP:

All members of the Round Rock community are encouraged to participate-people who live/work in Round Rock-youth, adults, families

ORGANIZATIONAL MAKE UP:

  • No officers or boards-no bakes sales-minimal formal structure
  • The Community Foundation staff will manage our account at a cost of 1% of the annual account total

 

ANNUAL DONATION:

  • $10 Youth (infant-high school)
  • $15 Adult
  • $30 Family

 

PAYMENT OF ANNUAL DONATION:

  • January-will accept new donations until September 30
  • Payable to the Community Foundation (earmarked for People & Parks) at JOIN NOW
  • All contributions are tax deductible

 

PROJECT PROPOSAL:

  • In October of each year RRPARD will televise (Channel 10) their presentation of 1-3 proposed projects
  • RRPARD may present restoration and/or new project proposals
  • The Donor Group will fund a maximum of 2 projects in one year.
  • The Donor Group may exercise its option to NOT fund any projects in a given year-funds shall not be withheld for more than 2 consecutive years

 

PROJECT SELECTION:

  • Donors will vote in November of each year
  • When the time arrives, ballots will be cast online 
  • Each donor has one vote (family donor group-one vote)
  • A simple majority of those donors voting will determine the project(s) selected

 

ALLOCATION OF FUNDS:

The selected project(s) will be announced and the check awarded at Christmas Family Night in December.

ENDOWMENT:

  • Endowments can be made to the account, however, an endowment contribution does not "buy" more votes.
  • Voting privileges are based upon the annual donor contribution.