SGT. MAC FOUNDATION IS ENDING
Procrastination has had its grip on me for a number of months but it can go on no longer. The Sgt. Mac Foundation and the National Wreath Project are in their final months of existence. For the past 5 years, we have operated at a deficit, nominal and manageable until 2022. Last year that figure reached a numbing $ 64,000.00 and now the hand writing on the wall is very clear.
I made two promises to myself in 2006, 1. That we must continue to grow each and every year, stagnation was not an option. 2. We would not expend every last cent on wreath project keeping it alive for one more year.
This decision has been a painful one and while we have a 5-person Board of Directors, it was made by the Executive Committee that is comprised of Family members. While the board has been essential to or success, the program began at the family level and therefore will end the same way.
We want to thank everyone for their support over the past 17 years. It has been both an honor and a privilege to have met many of you or to have developed friendships via the written word of all things. All donations made in 2023 are or are in the process of being returned.
Now, with a balance just over $ 150,000.00, it is time to “close the doors” with dignity and disburse the remaining funds to worthwhile non-profits. Our preference will be organizations that focus on veterans causes both on the local and national level.
As these selections are made, they will be posted on the foundation website and Facebook page. We have our work cut out for us because a zero balance is essential prior to December 31, 2023. The next IRS form 990 will show a zero balance and be marked final return.