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Endowment Fund

 

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  What is the Van Wert County Fair Endowment Fund?

Fair endowments are permanent funds made possible through individual donations, business, corporate, service organization contributions, and fund raising events.

Principal is invested permanently though the Van Wert County Foundation to generate the maximum interest possible. The interest income is returned to the Van Wert County Agricultural Society to fund programs and permanent improvement projects for the betterment and advancement of the Van Wert County Fair.
 

  Why is it necessary to have the Van Wert County Fair Endowment Fund?

The Van Wert County Agricultural Society is privately owned. The purchase of a membership certificate prior to the annual fair entitles you to membership in the society. Operating monies come in several different forms. Funding comes from the fair and other events held on the fairgrounds during the year. We also receive some funding from the Van Wert County Commissioners and from the Ohio Department of Agriculture. Even with these sources, additional financial resources are needed to maintain the fairgrounds and support the Van Wert County Fair.
 

  Who benefits from the Van Wert County Fair Endowment Fund?

With the rising costs of maintaining the present grounds and buildings, and to build future facilities, and to make further permanent improvements to the grounds, additional funding is always needed and appreciated.

Adults and children involved in the following fair events benefit from monies allocated:

• Fair Entertainment of all kinds   • Junior Fair & Senior Fair Premiums   • Junior Fair Livestock Sale
• High School Band Show   • Cheerleading Invitational


 

 


 

  Who should consider making a contribution to the Van Wert County Fair Endowment Fund?

Do you have fond memories of past Van Wert County Fairs? Have you participated in past Van Wert County Fairs? Would like to personally be responsible for helping to keep this great tradition alive for future generations? Anyone who appreciates the fair and would like to be a part of its future might consider a gift to the fund.
 

  Who manages the monies of the Van Wert County Fair Endowment Fund?

The Van Wert County Foundation oversees the monies or property of the Endowment Fund and distributes earned interest to the Van Wert County Agricultural Society to be used for the betterment of the Van Wert County Fair. In the event that the Van Wert County Agricultural Society would cease to exist, the fund would be dispersed at the discretion of the foundation.
 

  Is my gift tax deductible?

Yes! The Van Wert County Foundation and the Van Wert County Fair Endowment are 501(c)(3) charitable foundations. Consult your accountant or tax attorney for specific guidance on your gift.
 

  You can help make a difference!

               Contributions to the Van Wert County Fair Endowment Fund may be made in several ways:

  • Current Gifts
• Planned Gifts
• Cash
• Life Insurance
 
• Property
• Bequests
• Gifts-In-Kind
 
• Charitable Trusts
• Securities
• Memorials
• Corporate Matching Gifts
 
 

  How do I make an immediate contribution to the Van Wert County Fair Endowment Fund?

Checks may be made payable to:
The Van Wert County Foundation.
Enter “Van Wert County Fair Endowment” on the memo line.
 

  Who should I contact if I have further questions?

 

Van Wert County Fair Endowment Fund
1055 S Washington St
Van Wert, OH 45891
Tel: 419.238.9270
Fax: 419.238.6408

The Van Wert County Foundation, Inc
138 E Main St
Van Wert, OH 45891
Tel: 419.238.1743
Fax: 419.238.3374