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In
1997, The Club Foundation began distributing
its first grants from its $3 million endowment
fund. In order to guide the grant making
process, The Club Foundation had developed
seven educational initiatives during the
Campaign for Excellence to help donors understand
how endowment funds would be used.
Today, the club industry is directly benefiting
from the professional development opportunities
made possible by The Club Foundation's endowment.
Once again, though, the Foundation's leaders
want to do more to support club managers
and the club industry. |
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