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What
is the Fort Williams Charitable Foundation?
The
Fort Williams Charitable Foundation was established by the Town of
Cape Elizabeth, Maine in the Summer of 2001. It is a tax qualified
501(c)(3) Charitable organization neither controlled by nor supported
by the town. Contributions to the foundation are tax deductible to
the extent permitted by law and earnings of the foundation are free
from taxation.
Why
was the Foundation established?
The
Foundation was established to raise funds for the preservation and
improvement of Fort Williams Park, a 90 acre ocean front park located
in Cape Elizabeth, Maine. Fort Williams is a unique scenic, historic
and recreational site that attracts three quarters of a million visitors
annually. It is open free to everyone 365 days of the year.
What
are the Foundation's long term goals?
The
Foundation's goals are to raise money to pay for improvements in the
park, to establish an endowment fund the income from which will be
used to maintain the park in the highest state of repair and to insure
free and open access to the park for all.
Does this mean the Fort Williams Advisory Commission
is no longer needed?
The
Fort Williams Advisory Commission is a town appointed board whose
mission is to make recommendations to the Town Council regarding the
operation, preservation and improvement of the park. The FWAC will
continue to function as it always has. The Foundation's role is to
raise money, whereas the Advisory Commission recommends how to spend
it.
How do the Cape Elizabeth Town Council, the Advisory Commission, the
Public Works Department and the Foundation all work in the best interest
of the Park?
The
Town Council has ultimate responsibility for the park which is town
property. The Advisory Commission monitors the capital needs, maintenance
and operational policies of the park and makes recommendations to
the Council for approval. The Public Works Department implements those
recommendations directly or through sub-contractors. The Foundation
ultimately will provide the necessary funding to make this possible.
The
Museum at Portland Head Light is an IRS qualified charitable organization.
Why is the Foundation needed?
The
charter of the Museum at Portland Head Light requires that all profits
from the operation of the museum and gift shop be used to maintain
the lighthouse, the museum and adjacent grounds. The Foundation will
support other areas of the park.
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