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November 12, 2010

How to put found money to work for your Optimist Club

One of the things about nonprofit associations that is both endearing and perhaps sometimes annoying is our capacity for R&D - that is, to "rip-off and duplicate." I saw this great idea today on KTVB Channel 7 in Boise, Idaho.

With a big football rivalry between Boise State University and the University of Idaho taking place this weekend there are a lot of color stories out there about the universities. In this story, Professor Terry Armstrong describes how he accidentally started a scholarship fund from found money that is now worth nearly $300,000. His goal is to reach $1M.



So what do you think? Can your Optimist Club R&D this project?

If you like this idea, please join me in sending a check for at least $11 (his first year investment) to the University of Idaho, Found Money Fund, 714 W. State Street, Suite, 230, Boise, Idaho 83702.