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Wednesday, 19 June 2013 14:56

Fourth of July fund nears $40K

With charity concert lineup set, fireworks display to be the largest in state

BANGOR Area companies and individuals stepped up heavily and contributed over $11,000 last week, leaving just $9,300 to go to reach this year's fundraising goal with just two weeks left before the annual Independence Day parade and fireworks celebration.

According to Tony Bernatche, chair of the nonprofit 4th of July Corporation, this year's goal was set at $49,000 to fund both the day's parade and fireworks, the latter of which is the largest expense of the day's celebration, and rebuild the organization after it suffered an embezzlement last year by its treasurer.

Published in Style
Wednesday, 05 June 2013 12:51

The show must go on

Despite embezzlement, July 4 group pushes ahead

BANGOR When theft occurs in most for-profit businesses, it usually is a major setback to the finances that make businesses run. But unless it is so drastic that it cripples the operation's cash flow, most business can withstand a fair portion of it and even recover such funds through insurance proceeds or continuing operations.

For nonprofits and charities, however, embezzlement by those trusted with maintaining the organization's assets sometimes spells doom for those concerns that rely heavily on donations to operate and fund their respective missions. Yet with Independence Day a mere four weeks away, the Greater Bangor 4th of July Corporation has been able to press on despite the theft of the charity's reserves, and has raised more than two thirds of what's needed to fund the area's Independence Day festivities.

Published in Biz
Thursday, 21 June 2012 07:45

Fourth of July fund nears $25K goal

With charity concert lineup set, fireworks display to be the largest in state

BANGOR Area companies and individuals stepped up heavily and contributed over $7,000 last week, leaving just $440 to go to reach this year's fundraising goal with just two weeks left before the annual Independence Day parade and fireworks celebration.

According to Tony Bernatche, chair of the nonprofit 4th of July Corporation, this year's goal was set at $25,000 but with such a strong response organizers hope to allocate closer to $30,000 for both the day's parade and fireworks, the latter of which is the largest expense of the day's celebration. On the heels of the success of last year's fireworks display it was the largest Bangor area residents have seen in recent memory Bernatche said the great response from the community this year will allow organizers to commit the additional $5,000, making this year's display the largest in the state.

Published in Style

BANGOR - With Independence Day just four weeks away, the Bangor Fourth of July committee has only raised one third of what it needs for the day's festivities.

"It's very historical that a great deal of the money comes in the last two weeks, which is frightening to me [as July 4 chair]," explained Tony Bernatche. "We're looking at a $30,000 budget this year and so far we're at $9,500."

This will be Representative Doug Damon's 15th year serving as parade chair. He said this year there will be not one, but two grand marshals in the parade.

"This is a Kiwanis parade, so we have Paul Lucy, the president of the Orono-Old Town Kiwanis. He's 92 years old and flew Navy fighters in WW2. In the Korean conflict, he got called back and was a helicopter pilot. So he'll be our Kiwanis grand marshal," explained Damon. "Our parade grand marshal is the Bangor Children's Museum. They'll have a nice parade float up front."

Published in Biz

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