The Kiwanis Foundation of Topsail Island Area, a 501(c)(3) non-profit, was formed by the club several years ago as a way to invest monies from fund raising projects into the stock market. A goal of $350,000 dollars was set so that prevailing interest rates of return would serve as the major source of scholarship funding each year. The fund has been wildly successful returning about 9+% a year on investment thanks to the efforts of long-time serving Tim Hodell, board chairman, and his investment team.
In 2019, the Foundation board was re-organized as members rotated off and new members were appointed to the board. Rodney Dillman is our current, President and Director of the Board.
Foundation Board Members
|Rodney Dillman||President and Director||2022|
|Larry Combs||Treasurer and Director||2021|
|Freddie King||Vice President/Secretary & Director||2020|
To learn about Foundation activities and fundraising, please click here