In recognition of the outstanding contributions of Charles A. Husak and Layton K. Washburn to the Club, the Husak-Washburn Endowment Fund was established in 1991 in their honor.

All the funds in the Corley Foundation are encouraged to be used on a yearly basis for the Club's charitable activities. With the Husak-Washburn Fund, on the other hand, only the interest or dividends from the principal can be used, thus permitting the buildup of a permanent fund that eventually will be a source of substantial income from the Club's activities.