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One of the many major contributions to the community made possible by the Hayward Rotary Club Foundation was development in 2005 of the Children's Park at Giuliani Plaza, located at Mission Boulevard and D Street.
The Hayward Rotary Club Foundation, through its fundraising and investments, hopes to top the $2 million mark in its endowment this year, club members will hear at the foundation's annual report to the organization at the Monday lunch meeting Oct. 6 at 1974 B St.
The foundation was incorporated in October 1990 and its finances and operations are separate from those of the club, managed by a club-elected board currently chaired by Michael Cobb.
In the mid 1980's, the idea arose to establish a club foundation to insulate the club's finances from the irregular cash flow of the income from its major fundraiser at the time, the Rowell Ranch Rodeo food concessions, and to be able to make more money available for local projects.
Since 2000, the club and foundation have returned more than $1 million to fund charitable projects in Hayward and dozens of nonprofit organizations.
The foundation helped fund the Silva Pediatric and Dental Clinic, Newman Park, Centennial Children's Park, a literacy project that has distributed books to 50,000 third grade students, smoke detector distribution for the Hayward Fire Department, and many other local and international endeavors.