09 Aug SOMT Achieves $10 Million Endowment Campaign Goal
“WE DID IT!”, exclaimed Bob Norbie, Executive Director of the five-year Special Olympics Montana Reveal the Champion in All of Us Endowment Campaign. Inspired by athletes who never give up, Special Olympics Montana achieved and surpassed its $10 million campaign goal by nearly $200K thanks to generous fans from across the state.
“This effort began in 2016 with a $1 million lead gift from the campaign’s honorary chairman, Tom Scott, and his wife, Joan. Four other faithful stewards of Special Olympics contributed $1 million gifts or more to the campaign. These came from the Bob and Gladyce Oakland family in Great Falls, Cyndi and Mike Huempfner in Bozeman, the First Interstate BancSystem and Foundation, and the Dennis and Phyllis Washington Foundation. All told the campaign received contributions from more than 340 donors, 20 of which were $100K or more”, said Norbie.
“In spite of health issues, the death of three key campaign council members, and the coronavirus pandemic, endowment campaign council members and the board of directors remained tenacious about achieving their goal”, said Jim Foley, chairman of the campaign’s executive leadership council.
“Sprinting across the finish line for a gold medal performance, June 30, was made possible by First Interstate BancSystem’s $1 million donation and a $750K gift, on top of $1 million already donated, from the Dennis & Phyllis Washington Foundation. $250K of the Washington Foundation gift came from Kevin Washington as a dollar-for-dollar match challenge. Through the collective efforts of these two powerhouse fans, they inspired giving and created an incredible response to the match challenge”, said Foley.
“The endowment, protected in perpetuity, will use earnings to supplement annual operations across the state. Local, area and state level sports training and competition, health, leadership and community-building initiatives will be funded through this resource as Special Olympics Montana extends its reach to thousands more eligible people with intellectual disabilities who are just sitting on the sidelines waiting for the chance to participate”, said Rhonda McCarty, Special Olympics Montana CEO.
To learn more about campaign highlights, or to help continue building the endowment, please visit somt.org.