What is a Regional Affiliate of the Community Foundation of West Texas?
A regional affiliate is a designated endowment within the Community Foundation of West Texas that is dedicated to improving the quality of life in a particular community or county.
The endowment is advised by a committee of local community leaders representing a broad array of community interests. This committee is responsible for promoting the benefits of the endowment in the community, raising funds for it, establishing guidelines for grants and recommending grantees.
Why should my community start a regional affiliate of the Community Foundation of West Texas?
Undoubtedly, there are generous citizens who would like to help ensure the current and future well being of your community. A community endowment provides them with a way to make gifts now, or leave a gift through a will, that will be used to support the good things that make your community a nice place to live. Our South Plains communities hold millions of dollars in wealth which may leave the area unless planned charitable gifts are cultivated now. These gifts help retain the wealth of the community and create the basis for the financial resources to fund future community and economic development efforts that attract and retain residents. The Community Foundation of West Texas can accept gifts in the form of a wide variety of assets.
What is the Relationship with the Community Foundation of West Texas?
The Community Foundation of West Texas provides:
- infrastructure and administrative support for the affiliate endowment
- technical assistance and staff support
- accounting, record keeping, annual audit and tax filing
- professional investment services
- assistance with various planned giving instruments and grantmaking procedures, as needed
To learn more please contact:
Tami Swoboda, VP Programs
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