It is official. At the last Board of Directors meeting it was decided that the Kentucky Chess Ambassadors would commit to raising one million dollars in 2 years. Said money would be managed by Guidance Capital, one of the best asset management companies in North America, and based in Louisville, Kentucky.
At a 4% return on the one million dollars the Kentucky Chess Ambassadors can continue functioning as a full-time chess program and easily reach 100 students a year (through after school programs, Saturday workshops, summer chess camps, one on one tutoring and coaching, etc..
In fact, the program can operate on 24,000 dollars a year reaching 100 students. This means an individual, couple, family or company can send a 20 dollar a month deductible contribution for 12 months and that would fully sponsor a student.
Contact Urbanlouisvillechess@yahoo.com to sponsor a chess athlete or to donate towards the one million dollar campaign or to donate some stock/shares in a company.