The Doddridge County Park offers something for everyone at its site of nearly 250 acres of land and many amenities. With many features and multiple acres to maintain, the Doddridge County Parks and Recreation Commission took a proactive step this year to secure its financial future by establishing a permanent charitable fund with the PACF’s Doddridge County affiliate.
The new Friends of Doddridge County Parks and Recreation Commission Endowment Fund is a long-term permanent source of funding for the park. The Fund will make an annual distribution to the Doddridge County Parks and Recreation Commission to help preserve and maintain the park.
“This permanent support fund enables us to focus our attention on providing an excellent venue for recreational and educational opportunities for visitors,” said Greg Cottrill, Director of the Doddridge County Parks and Recreation Commission. “We’ve been very fortunate to receive grant support from the Foundation. With the $5,000 grant which we recently received, we built the park’s first-ever ‘Yurt,’ a form of lodging for rent beginning in 2017. The Commission’s decision to partner with the Foundation to establish this fund was an easy decision and one we know will prove beneficial for years to come. Once the fund reaches a minimum fund value of $10,000 set by the Foundation, it will annually generate a distribution to the park. The beauty of this setup is that the principal of the fund is never invaded, so it can forever invest and annually issue a distribution to the park. We hope, over time, our initial investment will be paid-back and then some.”