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| About the Foundation | Research Reports |
2005 National Heifer Sale |
News | |||
GIFTS |
JERSEY
RESEARCH FOUNDATION RECEIVES NEARLY $40,000 IN GIFTS 2004 donor list includes Jersey owners and
organizations from Alabama, Arizona, January 31, 2005,
Reynoldsburg, Ohio—Nearly $40,000 was added during 2004 to the
endowment fund of the AJCC Research Foundation, a permanent trust
operated exclusively to promote and sponsor scientific research related
to the Jersey breed of cattle. Established in 1967,
the Research Foundation manages investments worth just over $900,000,
the interest from which provides support for research related to
high-priority areas in the Jersey breed. In 2004, the Foundation
received gifts totaling $38,327 from 17 contributors, the largest being
a Research Builder ($5,000–$9,999) gift from Bush River Jerseys,
Newberry, S.C., owned by Dr. J. J. Malnati and Richard A. Doran, Jr.
This contribution represents Bush River’s ownership percentage of the
proceeds from the sale of Arco-BRJ Jace Boulreguard, great-grandson of
Duncan Belle, winner of the 2000 Jersey Journal Great Cow
Contest. The bull was syndicated at the Deep South/Southeast Heifer
Growers Sale on April 16. Dr. Malnati was among
the first Jersey owners to contribute to the Research Foundation in
1967. He has been a Patron ($25,000–$49,999) contributor since 1995
when he pledged $35,000 to the Foundation. Clint Collins, III of
Arco Farms, Sylacauga, Ala., also contributed proceeds from the sale of
Arco-BRJ Jace Boulreguard. Added to his previous contributions, Collins
is now a member of the Research Builders (total contributions of
$5,000–$9,999). A current Research
Builder, the Ohio Jersey Breeders Association, presented a check for
$1,000 to the Foundation in 2004, bringing its contributions over the
past two years to $6,000. New to the major donor
list in 2004 were the Minnesota Jersey Cattle Club and Vermont Jersey
Breeders Association. The gifts of $5,000 each qualified both
organizations for Research Builder recognition. One Research Pioneer
gift ($2,500–$4,999) was received in 2004, from the current president
of the American Jersey Cattle Association, Donald S. Sherman, and his
wife, Elsa, owners of D&E Jerseys, Hilmar, Calif. A 2004 gift from
previous contributors David and Linda Spahr, Findlay, Ohio, moved them
into the Research Pioneer category. Spahr was president of the Jersey
association from 1986 to 1989, and since 2002 has been chair of the AJCC
Research Foundation’s fundraising campaign. Five individuals made
Research Promoter ($1,000–$2,499) contributions: Jennifer and Richard
Avila, Hilmar, Calif.; Ray Churchill, Brookfield, Vt., in memory of his
father Robert; Allen and Bonnie Kracht, Newton, Wis.; Kelvin Moss,
Mountain Shadow Dairy, Litchfield Park, Ariz.; and Wickstrom Brothers,
also of Hilmar, Calif. Friends of Jersey
Research contributors during 2004 included James and Carol Ahlem,
Hilmar, Calif; Norman H. Martin, Tillamook, Ore.; Wickstrom Jersey Farms
Inc., Hilmar, Calif., as memorials to Jean Wilk and Barbara Howard;
Katherine L. Lee, McBain, Mich.; and Will-Do Jerseys, Kinards, S.C. The Foundation has
already received the first cash gift of 2005, a continuing gift from
Research Pioneers William and Doris Johnson of Manassas, Va. Once-In-A-Lifetime
Benefit Auction Scheduled Over $88,000 has been
raised in the first three years of the current fundraising campaign,
which will receive a major boost in 2005. The 48th
National Heifer Sale will be the major fundraising event of 2005 for the
AJCC Research Foundation. For the first and only time, it will be an
all-donation sale. Ten percent (10%) of the proceeds to a cap of $25,000
will be set-aside for national Jersey youth programs. The balance will
go to the Foundation’s endowment. To date, Leadership
Gifts of a Registered Jersey™ heifer have been received from 36
breeders from 15 states. The sale will be held
Saturday afternoon, June 25 at the Washington County Fairgrounds,
Washington, Penna. To make your own Leadership Gift of a heifer to this once-in-a-lifetime
event, and enhance the Foundation's ability to sponsor Jersey-specific
research, contact sale chairman Craig Rhein (570/345-3383), JMS Manager
Herby Lutz (530/304-4009) or AJCA-NAJ Executive Secretary Neal Smith (614/755-5857, ext. 327). Giving
Throughout The Year Gifts are
accepted by the Foundation throughout the year and fall into three
categories: outright donations and memorials, planned gifts and
bequests. An outright donation or
memorial immediately benefits the Foundation. Outright gifts can include
cash, checks and money orders, gifts of securities, real estate and
tangible personal property. There are two
categories of planned gifts. A multi-year pledge can allow someone to
spread his or her payments out over a period of time. A planned gift can
also include an annual gift that is made every year. A bequest is a simple
way to provide a specific sum, a percentage or the residue of an estate.
It may consist of cash, securities, life insurance proceeds, real estate
and/or personal property. It may be made through a will or by a living
trust and should be directed to the AJCC Research Foundation for the
general benefit of the Foundation. To make your gift, contact the AJCC Research Foundation, 6486 E. Main Street, Reynoldsburg, OH 43068. To discuss a pledge or bequest, contact either of the trustees, AJCA Executive Secretary Neal Smith or Treasurer Vickie White, at 614/861-3636. |
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