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Countdown Begins For Hall Funding Campaign
Posted By RV Business On February 21, 2013 @ 1:21 pm In Breaking News | No Comments
The RV/MH Hall of Fame is counting down toward April 30, which is the deadline to reach $150,000 goal in voluntary contributions in order to qualify for the Robert “Boots” Ingram family’s $50,000 challenge grant that would pay off the Hall’s bank note to 1st Source Bank.
According to Hall President Darryl Searer, the ‘Burn the Bank Note” campaign has raised just under $50,000 as of mid-February, leaving about $100,000 still needed to earn the Ingram family’s generous challenge grant.
Searer said, “In order to emphasize the importance of the April 30 deadline, we have added a countdown clock to our web site (www.rvmhhalloffame.org) so visitors can see the days, hours, minutes and seconds until the deadline.
To date, contributions include a $10,000 donation by Darrel and Harrel Cohron Charitable Gift Fund in honor of the founders of Darrel & Harrel Cohron Homes, Indianapolis. The Family Motor Coach Association (FMCA) also contributed $10,000.
Elden Smith, retired Fleetwood Enterprises Inc. executive, and Gary Motley of Motley RV Repair, Oklahoma City, each contributed $1,000 toward the “Burn the Bank Note” fundraiser. Many other contributions ranging from $20 to $500 have also helped, according to Searer.
Searer said that the Hall’s bank loan to 1st Source Bank has been reduced from $840,000 in early 2012 to less than $200,000 now. “If we reach our goal and receive the Ingram Family’s challenge grant, we’ll be able to pay off the bank loan on May 1,” he added.
Barry Cole, chairman of the Hall’s board, noted, “We have come a long way in less than a year to bring the Hall back to the prominence it had before where donors are worry free and proud to contribute again.
“Much of the credit for the turnaround must go to Darryl Searer, who volunteered on a no-compensation basis to become the Hall’s president because he believed our Hall of Fame and Museum was too important to the RV/MH industries to allow it to go away. The board appreciates Darryl’s business insight, plus his dedication, persistence and innovative ideas that have led this turnaround.”
Since the RV/MH Heritage Foundation is a 501-c3 not-for-profit corporation, all donations are tax deductible. Donors can use our federal ID#: 35-1610362.to verify that we are a 501-c3 not-for-profit corporation in good standing with the IRS.
Gifts may be made by mail, in person at the Hall, by phone at (800) 378-8694 or through the Hall’s secure web site: www.rvmhhalloffame.org.
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