The Haywood Waterways Association has named their endowment fund the “Joetta Rinehart Endowment Fund” in honor of one of the organization’s supporters.
Rinehart was actively involved in Haywood Waterways, serving on its board of directors and as treasurer.
The Endowment Fund was established in 2007 to provide financial security and sustainability for the nonprofit, its programs, and the long-term protection of Haywood County waterways. The organization has been primarily dependent on grants, comprising nearly 80 percent of its budget, but would like to raise $2 million for its endowment. It will begin a fundraising campaign this year.