This initiative was approved by the Board in concept last September. At the winter meeting the Board determined to implement the concept by establishing a separate fund within the existing PLC entity rather than by forming a new foundation as a separate corporate entity. The Executive Committee has been working with the Woods Fuller law firm to create appropriate documents for the fund. These documents will describe the Fund’s purpose, how donations to it will be handled, invested and managed, and will also describe and establish governance for an advisory committee to support the Fund’s mission and activities under the auspices of the Board. There is still much to talk about before we hit the pavement with this program, but we do have a name for the Fund. Subject to formal approval of the Board, the Fund will have a name that is descriptive of what the Fund is for: the PLC Watershed Protection Fund. For a somewhat more detailed description of the Fund, please review the following Point Paper serving as an internal talking piece to help guide the Board’s deliberations.
PLC Watershed Protection Fund
