Future Fund Growth

By Mike Grisz, Board Secretary and Future Fund Executive Director

The NMRA serves its membership by hosting three tournaments per year in alternative locations. The NMRA Board wants to promote racquetball for its members and to expand our membership and increase participation in our tournaments. We had members give us contributions over the years and have established the NMRA Future Fund.

I am now in the role of managing the assets of the fund and working with a Future Fund Committee and the Board to use these funds in the best interests of our membership. Given that our priorities are to increase membership and to provide world-class tournaments, the Future Fund is meant to ensure the long-term success of the NMRA.

We aim to increase the size of the fund to use it as an endowment for the advancement of our sport and our organization. We need all of our members’ help in this regard. We appreciate any donations which are, of course, tax deductible.

My expertise in investment planning led me to volunteer to be the executive director of the Future Fund and I have been recently approved by the Board. Until now, the fund has been in cash. We now plan to invest the Fund in a longer-term strategy that will hopefully have opportunities for both growth and income. (Note: neither I nor my firm will receive any compensation.)

The NMRA will need all of our support to continue to exist. Please consider a tax-deductible contribution to the Fund in your estate or direct donation. I am committed to helping the organization and the Future Fund, so if any of you would like more information, please email me or call 972-849-0212.

[ Editor’s Note: For $100 donations or more, I will send you an NMRA logo sew-on patch.  If you have already donated and would like a patch, email me!  – Cindy Tilbury, NMRA President ]

Originally published in the Fall 2016 edition of the Racquet Racket.