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Foundation
In the mid eighties, the idea arose to establish a club foundation to insulate the clubs finances from the irregular cash flow of the rodeo income, and to be able to make more money available for local projects.
The Hayward Rotary Club Foundation was incorporated in October of 1990.
John Hunter's goal during his term as president was to increase the endowment of the Foundation to $1,000,000 by 2005. Since 5% of the corpus is available each year, this will assure the club of $50,000 a year to undertake a community project, regardless of the weather.
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