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Key initiatives in 2015 included:
NRF EXECUTIVE DIRECTOR Implementing RallyMe, a compelling third party crowd sourcing
Charlie Hamlin
platform for athletes – especially those not covered by our Grant
to USRowing – to raise funds for their preparation selection and
participation in international competition;

Launching the “1966 Society”for planned giving;

Launching the “Women’s Initiative” to secure greater participation
of women in our governance and fund raising.

As we look to 2016, and the final preparation year for the 2016 Olympics

TO ALL NRF DONORS:
we plan to build on the successes of 2015 and increase our Grant to
On behalf of the NRF staff and USRowing in this Olympic year to $1,350,000.
more importantly the athletes of our
2015 national teams, thank you for your With your continuing support we can meet this goal and even better,
generosity, good will, and support of the National exceed it.
Rowing Foundation. I am pleased to report that 2015 was
a highly successful year. The NRF saw substantial growth in our Remember, the U.S. is the only major rowing country that provides no
fund raising efforts and our support of the Senior, U23 and Junior government support to its Olympic team. With your generosity in 2016
national teams. Highlights include: we can overcome this resource challenge and see our athletes on the
medal stand at the Olympic Games
Increasing total sources of funds by
$430,547 to $2,228,668 (24%) Thanks again and all the best,
Charlie, Mara, Tom and Gill
Increasing Grant eligible fund raising by
$256,746 to $1,500,720 (21%)

Processing $316,000 of pass-through, tax
deductible donations raised primarily by our
Junior, U23 and unfunded senior athletes

Managing our marketing and administrative
expense as a percentage of total fundsources
to 14.4%, a drop of 3.1 percentage points

Increasing 2016 grant eligible cash and
accounts receivable by $205,000 to
$317,000.

The one disappointment, a product of the stock market decline, was
the $161,000 reduction in the value of our endowments $5,475,000; this
despite management out-performing market benchmarks.

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