Fred Paxton Challenge Raises More Than $360K
By Tim Brockwell
PADUCAH, KY - A local charity has raised more than $360,000 for area non-profit organizations.

It was a packed house at Walker Hall in downtown Paducah Thursday afternoon, where folks gathered to celebrate this summer's Fred Paxton Challenge that raised $366,509 for charity, with a total of 20 non-profit organizations raising the money over the past 90 days.

Tony Watkins with the Community Foundation of West Kentucky says the organization will match $100,000 of the funds, which will be placed in an endowment.

"We'll give that $366,509 right back to those non-profits so they can use it in their programs, the work that they do in the community. The $100,000 match money, we'll put that in a permanent endowment for those organizations so they can get the earnings on an annual basis in perpetuity." Watkins said.

This is the 16th year the foundation has been holding the fund raising event, which has raised a total of more than $4.3 million.

Watkins says although the event has changed a bit over the years, its core purpose hasn't shifted.

"It started in 2000 when Mr. Paxton was still alive. Originally it was the kickoff event for the Paducah Summer Festival. The only year we didn't have it is when Mr. Paxton passed away in 2006. When we began the Fund Run there were only three runs going on. Last year there was 26 or 27. We decided to flip that paradigm upside down this year, and give them 90 days to raise money, and at the end we had a celebration." Watkins said.

Attendees from the local participating non-profit organizations were treated to food and entertainment as they gathered together to congratulate one another on this year's fundraising. Watkins said the beauty of the program is that those organizations get 100 percent of every dollar they raise, along with 100 percent of the endowment.

"We're just the catalyst. We're the facilitator of this event, and it's a wonderful program," Watkins said. "It was a record setting day. They were pleased, we were pleased and we'll definitely do it again next year."

Click the link below to learn more about the Community Foundation of West Kentucky and the Fred Paxton Challenge.

On the Net:

Fred Paxton Challenge

Published 07:11 PM, Thursday Sep. 07, 2017
Updated 09:23 AM, Saturday Sep. 09, 2017

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