| What is an endowment fund? |
Why is an endowment fund necessary? |
| The TAG Center Endowment Fund will be invested to generate income. The income will be spent to maintain and improve the TAG Center. |
With hundreds of people using the TAG Center monthly. It must be maintained and upgraded continually to remain a high quality facility. It is desirable to fund replacement items from the endowment's income. |
| How will the endowment fund be raised? |
How much will be raised for the endowment fund? |
| Community and are citizens, business, and industry will be asked for pledges of cash, goods and securities over a three year period. |
The goal is to raise at least one million dollars. |
| Who will administer the endowment fund? |
Is my donation tax deductible? |
| The M&I Bank of Mayville will collect the donations, administer and participate in investing of the endowment fund. TAG Center, Inc., a volunteer board of citizens, will oversee the disbursement of the income generated by the endowment fund. |
YES! TAG Center, Inc. has 501 (c) (3) tax exempt statuses. On receipt of your cash, goods or appreciated stock, a letter will be issued as proof of your gift for IRS purposes. |
| How do I pledge to the endowment fund? |
How are gifts being recognized? |
| TThe campaign to raise at least one million dollars is being planned. The launch of the campaign is set to coincide with ground breaking ceremonies in midsummer. All details and materials for pledging will be available at that time. |
In the casual activity area of the TAG Center, there will be a 15' X 28' stained glass mural depicting a variety of aircraft in flight. Donor's names will be engraved behind specific air planes, according to their level of giving. The mural is a colorful way to remember that Ted Bachhuber was a pilot with a passion for flying. |
| Can I donate anonymously? |
Can recognition be given in memory of a deceased loved one or friend? |
| YES! Your name can be withheld in confidence if you so desire. |
YES! Your loved one's or friend's name can be added to the donor listing. |
| I would like to get involved. Can I join the TAG Team? |
| YES! You can get involved. Click HERE to send us an e-mail or call us at 920-387-5373
"The TAG Center will enhance the quality of life of all residents of Mayville and the surrounding area by providing a central gathering place in which to pursue recreational, social, and educational interests. It will be a defining structure and serve as a focal point for the community. The Center will reflect the attributes of excellence shown by its Founders and will contribute to the sense of community pride."
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