Icons abound while driving through Mill Creek MetroParks.
Some examples: the lily pond, the covered bridge at Lanterman’s Mill and the silver suspension bridge, also known as the Cinderella Bridge.
To help give more than 15 so-called icons around the park official names, Chris Litton, development director, has helped organize an endowment program.
“Endowments can take in any dollar amount,” Litton said. “That dollar amount stays whole in perpetuity.”
Large-dollar gifts, such as $250,000 and above, are when naming opportunities become available.
Funding from the landmarks will go into a general endowment fund, which would finish capital improvements at Ford Nature Center, Litton said.
About $300,000 remains in the center’s campaign balance.
Over the last several months, Litton has met with more than 120 financial planners and estate planners to give an overview of what people can do with stocks, property and insurance.
Leaving or making a gift to an endowment isn’t designated for weathy people, Litton said. “It could be just about anything.”
In the last year, four transfers of property bequests have taken place, Litton said.
One of those who has donated is Canfield resident Mike Senchak, president and chief executive officer of the Mahoning Valley Hospital Foundation.
Senchak explained that when it came time for the foundation to give money back to the community, it was decided that for the health and wellness aspect, the golf courses in Mill Creek would receive $300,000 for an endowment.
“We just felt that the golf courses … were a great place for exercise,” Senchak said.
Additionally, the golf courses are great for folks to spend time together, as well as teach children and grandchildren the game, such as what he’s been doing with his 9-year-old granddaughter.
Growing up on the West Side of Youngstown, Senchak said the park has held a special place for him as he used to ice skate on Lake Glacier, then took his children and now his granddaughter there for various activities.
The endowment is in perpetuity, which means the amount of money or value will stay at that amount forever.
Litton said that is a fact that resonates with those who give to the park.
“People we’ve talked with who have contributed over the last three years since we’ve launched the fund appreciate that the money stays whole and will always be there to take care of the park,” Litton said.
A once-popular gifting option was memorial benches, Litton said. The lifespan of a bench, however, is about 20 years.
Due to the cost of purchasing, installing and maintaining memorial benches, the park discontinued the program in 2018.
For Senchak and his team at the foundation, being able to give back to the park is a great feeling.
“It’s a wonderful feeling because you now you are helping somebody else,” Senchak said, adding: “The Mahoning Valley Hospital Foundation endowment for the golf course will be around forever.”
https://www.millcreekmetroparks.org/wp-content/uploads/2015/03/mcmp-header.png00Mill Creek MetroParks Staffhttps://www.millcreekmetroparks.org/wp-content/uploads/2015/03/mcmp-header.pngMill Creek MetroParks Staff2020-11-23 08:32:472020-11-23 08:32:47Endowments keep park going
The Mill Creek MetroParks Board of Commissioners met Monday night and learned there’s some money coming for a new building. They also had some good news for kayakers.
The board approved a request from executive director Aaron Young to accept a $100,000 donation from Friends of Fellows Riverside Gardens for the future construction of an outdoor education building in the family garden at Fellows.
The money is the last portion needed to get the building constructed. The total cost of the project is over $300,000. The rest of the money is in place.
It’s hoped construction can begin in the spring and the building finished sometime next summer.
It’ll be built for year-round use and will be used for many purposes including gardening classes and other programs.
The board also learned that a second set of kayak racks have been added to Lake Glacier, which will hold 16 kayaks. The other set is at Lake Newport, which holds 40 kayaks.
Recreation director Brian Tolnar says the Newport racks have a waiting list to rent spaces, adding that the pandemic has increased the number of people kayaking on the park’s lakes.
The racks rent for $25 for a season or $35 for two racks.
https://www.millcreekmetroparks.org/wp-content/uploads/2015/03/mcmp-header.png00Mill Creek MetroParks Staffhttps://www.millcreekmetroparks.org/wp-content/uploads/2015/03/mcmp-header.pngMill Creek MetroParks Staff2020-11-10 08:17:402020-11-10 08:17:40$100K donation, new kayak racks coming to Mill Creek MetroParks
The next Regular Meeting of the Board of Park Commissioners, of Mill Creek MetroParks is scheduled for Monday, November 9, 2020, at 6 p.m. While in-person attendance is not permitted due to COVID-19, the meeting can be viewed via Facebook Live on the Mill Creek MetroParks Facebook page. The agenda will be available on the website after 2 p.m. on the day of the meeting.
https://www.millcreekmetroparks.org/wp-content/uploads/2015/03/mcmp-header.png00Mill Creek MetroParks Staffhttps://www.millcreekmetroparks.org/wp-content/uploads/2015/03/mcmp-header.pngMill Creek MetroParks Staff2020-11-06 09:03:262020-11-06 09:03:26Notice of November Board Meeting
Endowments keep park going
/in Media Coverage/by Mill Creek MetroParks StaffIcons abound while driving through Mill Creek MetroParks.
Some examples: the lily pond, the covered bridge at Lanterman’s Mill and the silver suspension bridge, also known as the Cinderella Bridge.
To help give more than 15 so-called icons around the park official names, Chris Litton, development director, has helped organize an endowment program.
“Endowments can take in any dollar amount,” Litton said. “That dollar amount stays whole in perpetuity.”
Large-dollar gifts, such as $250,000 and above, are when naming opportunities become available.
Funding from the landmarks will go into a general endowment fund, which would finish capital improvements at Ford Nature Center, Litton said.
About $300,000 remains in the center’s campaign balance.
Over the last several months, Litton has met with more than 120 financial planners and estate planners to give an overview of what people can do with stocks, property and insurance.
Leaving or making a gift to an endowment isn’t designated for weathy people, Litton said. “It could be just about anything.”
In the last year, four transfers of property bequests have taken place, Litton said.
One of those who has donated is Canfield resident Mike Senchak, president and chief executive officer of the Mahoning Valley Hospital Foundation.
Senchak explained that when it came time for the foundation to give money back to the community, it was decided that for the health and wellness aspect, the golf courses in Mill Creek would receive $300,000 for an endowment.
“We just felt that the golf courses … were a great place for exercise,” Senchak said.
Additionally, the golf courses are great for folks to spend time together, as well as teach children and grandchildren the game, such as what he’s been doing with his 9-year-old granddaughter.
Growing up on the West Side of Youngstown, Senchak said the park has held a special place for him as he used to ice skate on Lake Glacier, then took his children and now his granddaughter there for various activities.
The endowment is in perpetuity, which means the amount of money or value will stay at that amount forever.
Litton said that is a fact that resonates with those who give to the park.
“People we’ve talked with who have contributed over the last three years since we’ve launched the fund appreciate that the money stays whole and will always be there to take care of the park,” Litton said.
A once-popular gifting option was memorial benches, Litton said. The lifespan of a bench, however, is about 20 years.
Due to the cost of purchasing, installing and maintaining memorial benches, the park discontinued the program in 2018.
For Senchak and his team at the foundation, being able to give back to the park is a great feeling.
“It’s a wonderful feeling because you now you are helping somebody else,” Senchak said, adding: “The Mahoning Valley Hospital Foundation endowment for the golf course will be around forever.”
Naming rights for grabs
$750,000
Mill Creek Preserve
Mill Creek Sanctuary
Covered Bridge at Lanterman’s Mill
$500,000
East Newport hike and bike
East Cohasset hike and bike
Lake Glacier boathouse
$250,000
Long mall — Fellows Riverside
North Terrace — Fellows Riverside
South Terrace — Fellow Riverside
Slippery Rock Pavilion
Bears Den Cabin
Birch Hill Cabin
Wall Garden
Yellow Creek Lodge
Full article at vindy.com
$100K donation, new kayak racks coming to Mill Creek MetroParks
/in Media Coverage/by Mill Creek MetroParks StaffThe Mill Creek MetroParks Board of Commissioners met Monday night and learned there’s some money coming for a new building. They also had some good news for kayakers.
The board approved a request from executive director Aaron Young to accept a $100,000 donation from Friends of Fellows Riverside Gardens for the future construction of an outdoor education building in the family garden at Fellows.
The money is the last portion needed to get the building constructed. The total cost of the project is over $300,000. The rest of the money is in place.
It’s hoped construction can begin in the spring and the building finished sometime next summer.
It’ll be built for year-round use and will be used for many purposes including gardening classes and other programs.
The board also learned that a second set of kayak racks have been added to Lake Glacier, which will hold 16 kayaks. The other set is at Lake Newport, which holds 40 kayaks.
Recreation director Brian Tolnar says the Newport racks have a waiting list to rent spaces, adding that the pandemic has increased the number of people kayaking on the park’s lakes.
The racks rent for $25 for a season or $35 for two racks.
Full article at wkbn.com
Notice of November Board Meeting
/in Press Releases/by Mill Creek MetroParks StaffThe next Regular Meeting of the Board of Park Commissioners, of Mill Creek MetroParks is scheduled for Monday, November 9, 2020, at 6 p.m. While in-person attendance is not permitted due to COVID-19, the meeting can be viewed via Facebook Live on the Mill Creek MetroParks Facebook page. The agenda will be available on the website after 2 p.m. on the day of the meeting.