We know that it takes about $65,000 a year to keep Rosedale going. That includes annual maintenance costs of some $55,000 every year for weekly lawn care, the irrigation system, insurance, our annual community events, and administrative costs. And another $10,000 for one-time costs for things like fixing the fence, removing dead trees, pruning others, and repairing damage to the lawns. That’s a lot of money for an all-volunteer organization to raise each year. To deal with this challenge for the long term, we want to establish an endowment that will fund at least 50% of Rosedale’s expenses each year.
TRC is a 501(c)(3) charitable organization, and all contributions are deductible to the extent allowed by law.