Board of directors opts to donate funds after association's dissolution
Shortly after the announcement that the Colorado Water Quality Assn. (CWQA) had dissolved, the outgoing CQWA board of directors announced that it would donate the remaining funds in its accounts to the Water Quality Research Foundation (WQRF). During the Water Quality Assn.’s Mid-Year Leadership Conference in September, CWQA officials made a $150,000 commitment to WQRF’s Investing in Your Future capital campaign.
“This is a bittersweet moment in CWQA’s 55-year history,” said CWQA President Peter Waelti of RainSoft of Denver, citing the organization’s declining membership and lack of interest in its annual conference as the primary reasons for dissolution. “However, we know that CWQA’s contribution will do lots of good under WQRF’s stewardship.”
CWQA, which served industry members in Colorado from 1959 to 2014, will be honored as a Visionary-level partner under the campaign’s Individuals, Dealers and Other Campaign Partners designation.
“CWQA’s leadership, membership and gracious gift represent the kind of commitment and professionalism that our industry stands for,” says Darwin “Dar” Watts of SEAS Capital Partners LLC, a member of the campaign’s national steering committee. “WQRF and its board of directors are humbled by the trust that the CWQA’s membership has placed in future generations and the advancement of our important research work at WQRF. We will honor that trust at every step as part of our guiding and operating principles.”