Second Century Society

Membership begins with an outright gift of $25,000 or more payable over five years, or a deferred gift of $100,000 or more, to the Sam Houston Area Council for operating, capital, or endowment. All individual gifts to endowment from $500 to a lifetime cumulative maximum of $25,000 from The Cockrell Foundation Matching Gift Program.

  • $25,000+ Member Level: Certificate & Pin
  • $100,000+ Member Level
  • $500,000+ Member Level
  • $1,000,000+ Member Level

Donors making outright gifts of $100,000 or more are designated as "Members with Distinction." Donors making deferred gifts of $500,000 or more are designated as "Legacy Member." Members in these categories receive special recognition and opportunities provided by the Sam Houston Area Council & the BSA Foundation.

Pledge Form                       Online Form

President's Leadership Council

Recognition program for gifts of $1,000,000, $5,000,000, or $10,000,000 made to or through the foundation payable over five years, as part of an advised fund, designated fund, trust, or other Foundation fund structure. Gifts may be designated to benefit the Sam Houston Area Council.

 

Endowment Stewardship

Stewardship of the investments made by our donors are very important to us. Our investment committee meets regularly to review how the funds are invested and if they are performing properly. Below are the last three years of reports including investment fund performance and results.

 

Council's Investment Fund Spending Policy

The purpose of the Sam Houston Area Council’s Investment Fund is to assist in the financial requirements of the Council, in its delivery of a quality Scout program, in its service to its Chartering Partners and in its long-term financial sustainability.  The Investment Fund of the Council is made up of unrestricted (board designated) net assets, temporarily restricted net assets and permanently restricted (endowment) net assets.

The Sam Houston Area Council manages its Investment Fund using the guidelines found in the Uniform Prudent Management of Institutional Funds Act.

The Sam Houston Area Council’s Investment Fund will only incur costs that are appropriate and reasonable in relation to the assets, the purposes of the Council, and the skills available to the Council.  These costs, which are netted out from the market value of the fund prior to calculation of a distribution, are related to the audit, investment managers and the Council’s human resources responsible for the management and growth of the investment fund.

The spending policy of the Sam Houston Area Council is as follows:  The maximum distributable income from the Investment Fund for any year will be calculated on the basis of market values of the fund determined at least quarterly and averaged over a period of not less than three years immediately preceding the year in which the appropriation for expenditure is to be made multiplied by 5%.

The Executive Committee may amend this spending policy.”

Ratified by Board of Directors June 21, 2010

 

More Information

If you would like additional information on the Second Century Society, Presidents Leadership Council or the Endowment, please contact:

Devin D. Koehler, CFRE
Senior Development Director of Endowment
(713) 756-3321
 Devin.Koehler@shac.org