The SAR Magazine

SUMMER 2012

The SAR MAGAZINE is the official quarterly publication of the National Society of the Sons of the American Revolution published quarterly.

Issue link: http://sar.epubxp.com/i/79692

Contents of this Issue

Navigation

Page 24 of 47

6DP DQG .DUHQ 3RZHOO Make $1.5-Million Matching Gift $ t the recent Congress in Phoenix, Dr. Samuel C. and Karen Powell of North Carolina announced they would be donating a $1.5 million matching gift to the SAR Foundation for The Center for Advancing America's Heritage. The matching gift provided by the Powells' generous donation will be used to match dollars given to the CAAH over the next year or until the match has been exhausted. All cash donations will be matched, but not pledges. In addition to doubling a donor's gift for the CAAH, a matching dollar amount will be applied to each donor's state society for credit in the State Challenge Campaign. Sam and his wife, Karen, active members in the SAR and DAR, respectively, made their donation because, as Sam said, "There is nothing more important that we could be doing than passing on our culture and heritage to future generations. "Past republics in history have failed after 200 years, but our U.S. Constitution gives us a system of government designed by James Madison and our forefathers to last for centuries, if not forever. It is recognized as the best system in the world. Yet we hear today that many question its continued relevance and superiority. We owe our patriot ancestors all we can do today to make sure they did not die in vain. We cannot and will not give up our hard-fought freedoms. "By networking with other like-minded groups and by offering its own outreach education programs and materials, the SAR has an opportunity to carry out its mission as assigned by the U.S. Congress in 1906, when the /RXLVYLOOH *LIW The SAR Foundation has received a generous gift of $25,000 from Louisville businessman and new Compatriot John Neace. In a presentation held on Aug. 1 at the SAR Genealogy Library, Neace 6800(5 SAR was chartered to, among other purposes, foster true patriotism and maintain and extend the institution of American freedom. The Center for Advancing America's Heritage is the vehicle needed to coordinate this effort and conduct education outreach at the national level." The Powells are able to Dr. Samuel C. and Karen Powell make their donation as the result of a superbly timed sale of MedTox Laboratories Inc., a company founded by Sam Powell and others in the early 1980s. The company was traded on the NASDAQ under the symbol MTOX until its sale, which was completed on July 31 of this year. MedTox specialized in laboratory testing for drugs of abuse and grew to become the nation's third-largest such laboratory with annual sales of more than $100 million. Its products and services were used for pre- employment testing and by parole and probations offices across the country. In his retirement, Powell hopes to continue his past four years of fundraising for the SAR as chair of the CAAH Capital Campaign by serving this next year as president of the SAR Foundation, a post to which he was elected at the Congress. The immediate need is $3.5 million to renovate phase IIA of our West Main Street headquarters building. The Powell gift and a bequest from the Anne Lampman estate complete our original $10-million campaign goal, but with cost inflation, we are still short approximately $1 million of having the funds needed for the next phase of construction. Please do all you can to help spread the word so that we can move into our new headquarters by the 2015 Congress, scheduled to be held in Louisville. Your help will be appreciated. was sworn in by President General J. David Sympson (2010-11). Assisting in the ceremony were SAR Foundation President Dr. Sam Powell and NSSAR Executive Director Don Shaw. The $25,000 gift from Compatriot Neace is the initial payment on his $50,000 pledge, bringing the total from the Louisville community to more than $640,000. If you have any questions regarding the Matching Gift Challenge, please contact Linda Dunn at (502) 315-1777 or via email at ldunn@sar.org.

Articles in this issue

Links on this page

Archives of this issue

view archives of The SAR Magazine - SUMMER 2012