Foundation
The Arc of Tri-Cities Foundation was established in 2005 as a non-profit corporation in the State of Washington as part of a legacy donation by an individual who stipulated the gift was to provide long-term support to The Arc of Tri-Cities.
To provide proper handling of this donation, The Arc of Tri-Cities Foundation, a non-profit entity, was formed. In 2006, the Internal Revenue Service (IRS) qualified it as a 501(c)(3) public charity, whose sole and the exclusive beneficiary is the Arc of Tri-Cities.
Arc Support
Over the past five years, the Foundation has contributed in excess of $200,000 to the Arc’s general operations. All support is done by specific approval of the Foundation Board of Directors.
Understanding the need for the mission and the scope of operations of The Arc of Tri-Cities is key to recognizing the importance of the Foundation.
Foundation Investments Ensure the Future
Charitable investments in the Arc of Tri-Cities Foundation ensure that the mission of the Arc of Tri-Cities will continue as long as there are families in Benton and Franklin Counties who need its support. Your investment reinforces the unflinching commitment of the Tri-Cities communities to the rights of all people with intellectual and developmental disabilities and recognize the many ways in which these special individuals enrich our communities and our lives.
Governance
A seven-member Board of Directors manages the Foundation. The Board is composed of community members who volunteer their efforts to carry out the Foundation’s mission. Candidates must be approved by Board action. Per the IRS direction, one member of the Foundation Board is appointed by and is a current member of the Board of Directors of The Arc of Tri-Cities.
Donations
Contributions received by the Foundation are invested and managed by RBC Wealth Management with all transactions being approved by the Foundation Board.
Operation
The Foundation operates with minimal expenses. The Board members receive no salary; legal counsel is pro bono, and meeting space and administrative support are provided by the Arc.
Foundation Fund
The Foundation’s fund is maintained and invested by RBC Wealth Management. Based on RBC recommendations, the Board has approved a conservative structure designed for a combination of principal safety and income generation.
Make A Change
Partner with us to help meet the pressing needs of local families, achieve your community philanthropy goals, and introduce the Arc of Tri-Cities to a broader community audience at the same time.