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J Bay

 

We are currently working with a number of people and organizations that wish to be a part of our umbrella organization.

Some of these include:

The Jaltemba Fashion Show

The Jaltemba Golf Tournament

The Horseshoe Tournament

The Margarita Challenge

The Playground Project

 

Each of these organizations will write a Mission Statement and give instructions on how they wish to see these funds dispersed. There are some very exciting projects on board so please visit us often.

March 12, 2008 Balance
Non Designated Funds  
ENDOWMENT - This fund is potentially the backbone of our Foundation.  The principal remains intact in perpetuity.  The interest flows the  Area of Greatest Need Fund. $1,800.00
AREA OF GREATEST NEED - This is our staple fund that receives the interest from the Endowment Fund as well as donations from the public.  It will be used for approved community projects and Foundation operations.  Note:  We have no paid staff, just a committed group of hard working volunteers. $23,250.00
   
Designated Funds  
MARGARITA CHALLENGE COMMUNITY FUND -  This money is 50% of the annual Margarita Challenge used to buy food and supplies for our local families distributed by a committed group of volunteers. $20,623.00
PARK OF ANGELS - This fund was created as a result of Mateja's dream for a community park for kids in Guayabitos.  A large donation dedicated to the memory of "Muy Famoso" Robert E. Howell spearheads this project along with the proceeds of the annual Horseshoe Tournament. $14,320.00
WOMEN FOR WOMEN - This fund has been created by the ladies of the community that bring us the Annual Fashion Show.  These funds are designated for use in the local community for projects that benefit the local women.  In the past these funds have purchased prosthesis' for breast cancer patients, built a kitchen in a senior center, and supported various issues impacting women in our area. $45,877.00
LA PENITA RV PARK FUND FOR FAMILIES  - This is a fund created by the La Penita RV Park community with funds that are continuously collected  at the park each year by committed residents.  Individual family needs are met on an as needed basis, this year a young bedridden girl received medical supplies and family assistance. Another woman was able to receive family support and funding for cancer therapy.  $8,000.00
FRAN MILSKI EDUCATION FUND - A memorial fund in tribute to Fran Milski, a long term resident of the La Penita RV Park, has been created for annual scholarships for kids at Conalep and other higher educational institutions for our local kids.  Marks must be presented before grants are awarded. $24,417.00
MARGARITA CHALLENGE EDUCATION FUND - These funds are 50% of the proceeds of the annual Margarita Challenge.  To date the recipient of these funds has been Emiliano Zapata Primaria School in Guayabitos.  This year they will have a floor installed. $20,622.00
  $158,909.00

 

 

 

 

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Jaltemba Foundation