In 1994, PCCF board members were exploring ways to secure the viability of the foundation into the future. The result was the creation of the Acorn Society. The Acorn Society was established as a means to enhance the granting potential of the Foundation into the future…the future being the Foundation’s 50th anniversary in 2006.
23 charter members each gave the Foundation a gift of $1,000 to be placed in an endowment, not to be touched until the year 2026. Since that time, 25 new members have given a like amount of money for the same purpose.
In 2026, Acorn Society member’s dues, along with 32 years’ worth of earnings, will impact the granting capacity of the Foundation for the benefit of all of Phelps County.