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Wednesday, March 10, 2010
 

The Beacons Fund


The Beacons Fund is founded upon the belief that Cosmopolitans and our Cosmopolitan friends are deeply concerned about service clubs, service work, and the effect they can have on the society. A heritage has been established over many years. In 1914, Patrick J. Hodgins formed the first “Avocation Club” in Oklahoma City. This beginning has led up to the present day “Cosmopolitan International,” dedicated to the principles of Unity, Service, and Action throughout the United States, Canada, and Mexico.


Why Do We Have a Beacons Fund?

The Beacons Fund will insure that the Cosmopolitan International heritage will grow in scope with continued service to mankind.


What is Beacon Money Used For?

All donations to the Beacons Fund will be set aside in a special fund. Money placed in this fund will be safely invested and the principle never utilized. The earnings obtained from the investment will be used for grants and expenses set forth and approved by the Foundation’s Board of Directors.


How Do I Join?

Membership in the Beacons is open to all Cosmopolitans and Cosmopolitan friends who fulfill one of the two following membership opportunities:

    1. A one-time contribution of $1,000

    2. A contribution of $100 a year for 10 years

The satisfaction of knowing one has ensured the continuation of service to mankind, through the vehicle of the Cosmopolitan Diabetes Foundation, is enough to generate self-pride. Beyond the satisfaction, there are other benefits, which will remind the select Beacon members that their participation is gratefully acknowledged.


Multiple Beacon Membership:

Levels of giving include:

Beacon        

$1,000

Emerald Beacon

 

$5,000

Ruby Beacon

 

$10,000

Diamond Beacon

$25,000


The pledge can be made over a ten-year period: $100/year for a Beacon membership; $500/year for an Emerald Beacon; $1,000/year for a Ruby Beacon; and $2,500/year for a Diamond Beacon. Contributors will receive a specially designed Beacon pin recognizing their donation. A permanent plaque located at Headquarters will also be inscribed with the names of those who contribute to multiple Beacon levels. Existing individual memberships will be counted. Memberships for immediate family members (spouse, children, and grandchildren) may be combined to obtain any of the higher levels.


Hands Across The BorderHands Across the Border:

 The goal of this program is to team up a U.S. Cosmo (to join the Northern Beacons) with a Canadian Beacon (to join the Beacons). The U.S. Cosmo will make the contribution to the Beacons in the name of the Canadian Cosmo, and the Canadian Cosmo will make the contribution to the Northern Beacons in the name of the U.S. Cosmo so that each can take advantage of their respective country’s tax laws.

 
There is More . . .

  • Donors will receive a “Beacon” lapel pin.
  • One-time, $1,000 donors will receive a beautifully personalized plaque certifying one’s pledge to membership in the Beacons.
  • Donors who pledge $1,000 in the form of 10 annual payments of $100 will receive a personalized walnut desk piece.
  • As the Foundation is a (501)(c)(3) organization, donations to the Foundation qualify as tax deductions to the fullest extent of the law for income and estate tax purposes.
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