Edwards, Colorado, August 17, 2009 — Roundup River Ranch has been awarded a $1 million grant from Hole in the Wall Camps Foundation to assist with its mission of building a camp for children with life-threatening illnesses. “This grant signifies dedication from the Hole in the Wall Foundation in assisting Roundup River Ranch to move to the next level of sustainability for future operations,” said Alison Knapp, Founder and Board Chair of Roundup River Ranch. “The grant also provides great momentum for us to complete the capital campaign and bring us that much closer to breaking ground this fall.”
In a webinar last month titled "Positioning for Wealth Transfer," Campbell & Company Vice President Bruce Matthews talked about the need for organizations to prepare programs that take full advantage of this boon.
Universities, museums and other nonprofits battered by investment losses are pushing states to ease legal limits on spending so they can tap their endowments to avoid imminent layoffs and deep cuts to programs.