The Topsail Island Kiwanis Foundation, non-profit, was formed by the club several years ago as a way to invest monies from fund raising projects in 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.
Foundation Board Members
|Rodney Dillman||President and Director||2022|
|Larry Combs||Treasurer and Director||2021|
|Freddie King||Vice President/Secretary & Director||2020|