The Community Foundation of the Rappahannock River Region Newsletter Spring 2013 www.cfrrr.org
Foundation News
Rappahannock River Region Wins Big! The Community Foundation received its largest gift to date when Nancy and Dave Honeywell chose to give $4 million and establish the Honeywell Charitable Fund.
The Community Foundation has invested the donation according to the Honeywells’ wishes. Grants will be made to local nonprofit organizations that are in keeping with the Honeywells’ values and interests. They have identified several organizations and community issues, for example hunger and poverty, for consideration. Foundation staff is currently facilitating a thoughtful look at area needs and promising projects. The Honeywells’ gift is a remarkable opportunity to make a positive impact in our region. An estimated $300,000 will be distributed this year.
The Honeywells have had to make dozens of important decisions since a life-changing Virginia Lottery Powerball win created the means for them to make an unprecedented gift. Like other local donors, they appreciate being able to give through The Community Foundation, trusting the foundation to steward their charitable funds and facilitate their charitable decisions. Although in the past foundation funds have ranged between $10,000 and $2.5 million, the Community Foundation model is flexible and customizable, able to meet donor needs at the $4 million level as well.
• • • • • • • • • • •
New Charitable funds at The Community Foundation Honeywell Charitable Fund Linda and Billy Beale Scholarship Fund Calvin Burns Family Fund Mary Carter Frackelton Scholarship Fund Fredericksburg Area Museum and Cultural Center Greater Fredericksburg Habitat for Humanity Fund Richard C. Hayden Family Scholarship Fund Hicks Family Fund Kallay Family Endowment Fund K-T Charitable Fund Rappahannock Legal Services Justice Fund
The Community Foundation’s services are not just available to donors at the multi-million level. In the last year, 12 new funds have been established. The Community Foundation’s board and staff are thrilled because this gift has so much potential to impact local lives in a positive way - It is really our community that has hit the jackpot! • • • • • • •
Denis and Marian McCabe Charitable Fund McCabe – Felder Charitable Fund Nicky Seay Charitable Fund Share Our Selves Fund Bill and Jan Taczak Family Endowment Fund Mary B. and Perry A. Thompson Scholarship Fund Kenneth T. Whitescarver III Memorial Scholarship Fund
The Community Foundation now administers 92 charitable funds, valued at $15 million. Proceeds from these funds provide annual grants to nonprofit organizations and scholarships to deserving students.
Spotlight on the advisor: R. Leigh Frackelton, Jr. As a founding member of the Board of Governors, R. Leigh Frackelton, Jr. appreciates the value of The Community Foundation to both potential donors and to the Fredericksburg region. Frackelton, a local tax attorney and Certified Public Accountant, recommended the foundation to Virginia Lottery Powerball jackpot winners Dave and Nancy Honeywell. The Honeywells subsequently established a $4 million donor advised fund. The Honeywell Charitable Fund is the largest single fund established at the foundation since it was founded in 1997. “From the beginning, they wanted to share a portion of their winnings with the community. From a tax perspective, it was
important to make the sizeable charitable contribution in this tax year,” Frackelton said. “I recommended The Community Foundation because creating a fund there would maximize their tax benefits yet also give them time to thoughtfully decide which worthy nonprofit organizations they would support.” “Financial and tax advisers are indispensable advocates for The Community Foundation. We are especially grateful to Leigh for introducing the Honeywells to us. We look forward to working with the Honeywells to help them support the nonprofits they care about most.” said Executive Director Teri McNally.
R. Leigh Frackelton, Jr.
Women & Girls Fund members get involved in grantmaking Being a member of the Women & Girls Fund means more than supporting the foundation’s work to address the needs of women and girls in the region. It means all members have the opportunity to help choose which nonprofit organizations are awarded grants from the fund.
Girls from Chaplin Youth Center
At a recent “Live Ballot” event,” applicants set up informative displays about their respective missions and why their organization deserved a grant from The Community Foundation. Up to $15,000 from the fund was set aside for this cycle of grantmaking. Members of the foundation’s Women & Girls Fund reviewed the displays, asking questions of the applicants. Each participating member then voted for the applications that they believed would best address the needs of local women and girls. The following organizations were awarded grants following the Live Ballot:
2
Participants with Girl Smarts
Empowerhouse was awarded $9,000 to produce a series of short films targeted to healthcare workers to educate them on how to safely inquire about domestic violence and how to connect victims with confidential, free, and local domestic violence services. Girl Smarts was awarded $1500 to fund scholarships for young girls (ages 9-11) to attend a series of workshops designed to develop skills to stay positive, become more self-confident, and develop ways to manage such issues and challenges as bullying and relationships. Chaplin Youth Center was awarded $4500 to fund their Girls Only program. The program works with girls ages 12-17 in their program who need to learn skills to protect themselves from gangs and drugs while helping them develop better decision making skills. Established in 2009, the fund now has 238 members. Anyone interested in joining the effort is encouraged to contact foundation Executive Director Teri McNally 540.373.9292.
Cats, dogs and baseball. All will benefit, thanks to Calvin Burns Jr. The family of Calvin Burns Jr. recently established a donor-advised fund at The Community Foundation as a way to honor the King George man who was well known for his sharp wit and humor. When Cal’s wife, Carole, and son, Christopher, wanted to find a way to recognize him, they came to Fredericksburg attorney George Snead who suggested a permanent fund at The Community Foundation. “Cal was always charitably inclined and they felt that establishing a fund would be a good way to both honor him and help others,” said Snead.
Proceeds from The Calvin Burns Family fund will support animal welfare organizations, youth sports organizations and other groups serving King George County. “Cal loved baseball, particularly The Nationals,” said Carole. “Since we lived in the country, for over 50 years we also had lots of dogs, cats and Angus cattle. Most lived to an old age and we were very fond of them.”
City and Lake of the Woods. For years he held the distinction of being the oldest living registered land surveyor in the Commonwealth of Virginia. Cal was also an inventor. He adapted the “Vacuum Sewer” for use in land development. He also coached his son Christopher’s Little League team.
A resident of King George from 1960 until his death in 2010, Cal was an engineer, land surveyor, planner and developer with offices in the region and Northern Virginia. He was the surveyor and planner of Dale
We’re funding great programs in Caroline County! Nonprofit programs that serve the residents of Caroline County are urged to apply for over $20,000 in grants this spring from The Community Foundation’s Community Enrichment Fund. Grant proposals to support nonprofit programs in Caroline will be released on Mat 5th and request are due back to the foundation on June 3rd. Residents of Caroline County, including Bowling Green and Port Royal, are challenged to join this effort by donating additional money to the fund which will be used entirely for grant-making. Program areas include the environment, youth, health, arts, preservation and more. Created in 1992 by the foundation’s Board of Governors, this unrestricted fund provides flexibility to respond to community needs as they change. These community enrichment efforts were focused upon King George County for the past two years. During that period grants supported an
ecology project, the King George Family YMCA and an education program on dating violence and sexual assault prevention for middle school students. Last year the fund awarded over $20,000 to Rappahannock Big Brothers Big Sisters for their program of matching volunteer mentors with at-risk children, Rappahannock United Way – a regional Charity Tracker Network program that helps King George organizations identify duplication of services and spread their assistance to more individuals in need; Special Olympics Virginia for the Project Unify King George to develop a school community where youths foster respect, dignity and advocacy for people with intellectual disabilities; and Virginia Cooperative Extension’s ability to recruit, retain and manage Master Volunteers for their King George Family and Consumer Science Department. For information on submitting a proposal or joining this effort by contributing to the Community Enrichment Fund, contact Teri McNally at the foundation.
3
4
Grant Awards: Six-Month Retrospective
At the April Board of Governors meeting, 49 scholarships were approved totaling $95,877.
Fund
Grantee
Grant Amount
The Calvin Burns Family Fund $ 1,500. $ 3,500. The Forbush Family Legacy Fund $ 957. Duff McDuff Green, Jr. Fund $ 7,500. $ 5,000. $ 3,000. $ 2,500. $ 6,000. $ 15,000. $ 7,500. $ 3,000. $ 6,240 $ 5,000. $ 5,500. $ 5,000. $ 5,094. $ 5,000. $ 10,000. $ 4,000. $ 2,000. $ 5,000. $ 3,500. $ 5,000. $ 5,310. $ 5,000. $ 4,200. $ 1,000.
Catholic Charities of the Diocese of Arlington, Family Services - Fredericksburg Cedar Forest Elementary School Central Rappahannock Heritage Center Central Rappahannock Regional Library Central Virginia Battlefield Trust Chaplin Youth Center disAbility Resource Center Fredericksburg Academy Fredericksburg All Ages Fredericksburg Area Museum and Cultural Center Fredericksburg Area Soccer Association Gari Melchers Home and Studio Germanna Community College Historic Fredericksburg Foundation, Inc. Hospice Support Care Ladies’ Memorial Association of Fredericksburg Rappahannock Area Kids on the Block, Inc. Rappahannock Area Youth Orchestra Riverside Foundation for the Performing Arts Ron Rosner Family YMCA Salvation Army, Fredericksburg Corps Stafford Junction Sunrise For All, Inc. United Daughters of the Confederacy
Hansen Family Fund
$ $ $ $
500. 500. 250. 250.
Bowling Green Volunteer Fire Department Bowling Green Volunteer Rescue Squad, Inc St. Christopher’s School Foundation The Community Foundation
The Haven Make a Difference Fund
$ $ $ $
5,000. 2,000. 3,489. 2,323.
Hospice Support Care
$ 10,200.
Hospice Support Care
The Honeywell Charitable Fund
$ 24,500.
St. Seton’s Orphaned Animals dba Thomas Beath Veterinary Clinic
King George Animal Rescue League King George Little League Partners in Aging
Hugh Mercer Elementary School Hugh Mercer Elementary School James Monroe High School Walker-Grant Middle School
Grant Awards: Six-Month Retrospective continued
David Morgan Fund
$ 2,000. $ 2,000. $ 2,000. $ 2,000. $ 3,000. $ 3,000. $ 2,000. $ 2,000. $ 2,000. $ 2,000. $ 2,000. $ 2,000. $ 2,000. $ 500. $ 3,000. $ 2,000.
Empowerhouse Episcopal Relief and Development Fredericksburg Area HIV/Aids Support Services Fredericksburg Counseling Services Friends of the Rappahannock Fund for William and Mary Greater Fredericksburg Habitat for Humanity Hope House Lloyd F. Moss Free Clinic MICAH Ecumenical Ministries Rappahannock Council Against Sexual Assault Safe Harbor Child Advocacy Center Serenity Home The Community Foundation Thurman Brisben Homeless Shelter University of Maryland College Park Foundation, Inc
The Robert Cullen O’Neill Memorial Fund $ 2,500. $ 1,000. $ 2,000.
Hope House SPCA St. George’s Episcopal Church
The Dulcie H. Potter Memorial Fund
$ $ $ $ $ $ $ $ $ $ $
1,000. 1,000. 2,000. 1,000. 3,000. 1,000. 1,000. 1,000. 1,000. 1,200. 1,000.
Compassion International Fredericksburg Area Food Bank Fredericksburg Christian Schools Habitat for Humanity Lifepoint Church Micah Ecumenical Ministries Montpelier Foundation Development Office Odyssey Montessori Program for Teen Parents to write love on her arms Youth in Philanthropy
PNC Endowment Fund
$
706.
The Nicky Seay Charitable Fund
$
4,000.
Share Our Selves
$ 500. $ 1,000. $ 2,000. $ 3,000. $ 2,000. $ 1,500. $ 1,000. $ 1,000. $ 1,000. $ 500.
Smart Beginnings Rappahannock Fredericksburg Area Museum and Cultural Center Empowerhouse Fredericksburg Area Food Bank Fredericksburg Counseling Services Lloyd F. Moss Free Clinic Mental Health America, Fredericksburg Mental Health America, Fredericksburg MICAH Ecumenical Ministries Rappahannock Goodwill Industries Salvation Army VOCAL, Inc - Virginia Organization for Consumers Asserting Leadership
5
Grant Awards: Six-Month Retrospective continued
6
The Trust for Public Education IV Fund
$ $ $ $ $ $ $ $ $ $ $ $ $ $ $
Ukrop’s Endowment Fund
$ 5,000. $ 10,000. $ 1,500. $ 18,000. $ 1,000.
Fredericksburg Area Museum and Cultural Center Friends of the Rappahannock Germanna Education Foundation University of Mary Washington University of Mary Washington
Women and Girls Fund
$ 4,500. $ 9,000. $ 850. $ 650.
Chaplin Youth Center Empowerhouse Hampton Oaks Elementary School Parent Teacher Organization Widewater Elementary School Parent Teacer Organization
Youth in Philanthropy
$ 2,900. $ 5,000. $ 1,500. $ 1,200. $ 5,000.
Empowerhouse Germanna Community College Mayfield Civic Association Program for Teen Parents (RACSB) Salvation Army
$ 338,826
958. 1,369. 850. 700. 2,000. 1,000. 1,081. 1,440. 951. 1,719. 2,000. 2,000. 1,874. 1,000. 1,065.
Brock Road Elementary School Chancellor High School Courthouse Road Elementary School Courtland Elementary School Courtland High School Courtland High School Livingston & Robert E. Lee Elementary Schools Livingston Elementary School Massaponnax High School Post Oak Middle School Rappahannock Juvenile Center Riverbend High School Riverbend High School Spotsylvania, Ni River and Freedom Middle Schools Wilderness Elementary School
49 Scholarships Were Approved Totaling $95,877
7
Special Opportunity to Make the Gift of a Lifetime You can give more for less: Charitable IRA On January 1, 2013, legislation was passed extending the charitable IRA rollover until December 31, 2013. As a result, people aged 70½ and older have a special tax-free opportunity to make a meaningful charitable gift.
•You can establish or add to an endowed designated fund for one or more nonprofits of your choice.
This law allows you to transfer up to $100,000 of your IRA assets directly to a qualified public charity such as The Community Foundation. Since the assets you transfer will not be recognized as income, they will not trigger federal income taxes today or estate tax in the future. This distribution does count toward your required minimum distribution, and you do not have to recognize the distribution as income which saves you taxes. If you are married, you and your spouse can each transfer up to $100,000 per year.
•You can donate for the general benefit of our community where we address the most critical needs in our area with our Community Enrichment Fund.
•You can create a single-purpose designated fund – allowing you to be involved in the timing and amount of the distributions to the named charity.
At The Community Foundation, you have a number of options for your IRA charitable rollover: •You can establish or add to a fund that supports a particular area of your interest within our area, such as the arts, education, or the environment.
Contact Teri McNally at the Foundation terimcnally@cfrrr.org or call 540.373.9292 with any questions you may have regarding the IRA Charitable Rollover or other charitable opportunities.
A New “Home” for the Thompson Scholarship Fund They had no children of their own, but Perry and Mary Louisa Thompson have helped many deserving children attend college. The Mary B. and Perry A. Thompson Scholarship Fund was established at First Virginia Bank -- now BB&T Bank -- after Perry’s death in 1992. BB&T Wealth recently transferred the $700,000 fund to The Community Foundation to manage and administer its annual scholarships to high school seniors in Fredericksburg, Stafford and Spotsylvania.
7
“The Community Foundation is ideally equipped to solicit, evaluate and process scholarship applications. They have the infrastructure already in place to award the scholarships that the Thompson’s established in their Trust document,” says Christine N. Thomas, Personal Trust Specialist at BB&T Wealth.
Perry Thompson, affectionately known by all as “Mr. T,” spent most of his 40-year career at The Free Lance Star. One account stated that during that time, “he recalled only two publication days missed at the newspaper, a Friday and Saturday during the 1942 Fredericksburg flood.”
The Community Foundation is honored to receive this fund as BB&T passes the torch and looks forward to supporting higher education for area young people in the Thompsons’ names.
His wife Mary Louisa, or “Mrs. T.”, served almost four decades in the city schools as an English teacher, registrar, guidance counselor and administrative assistant. When she retired, a former student recalled, although “we couldn’t pin down your job with a name, we all agreed you ran the show.” She was also a volunteer guide at the James Monroe Museum for many years. “For 22 years, BB&T Wealth has managed these assets and is honored to continue our support of this endeavor,” says Marcy Brescia, the BB&T Wealth Advisor for the Thompson Fund.
Perry and Mary Louisa Thompson participate in Fredericksburg’s Garden Week
7
540.373.9292 www.cfrrr.org PO Box 208 Fredericksburg, Virginia 22404.0208 Community Foundation of the Rappahannock River Region Permit No 479
PAID
Nonprofit Organization US Postage
The Community Foundation is a non-profit organization that manages and distributes charitable giving in the Rappahannock River region. Our goal is to promote greater philanthropy by addressing the challenges faced by donors in a responsible and knowledgeable manner. We distinguish ourselves from other local charities by providing efficient and effective services to build a collection of permanent funds.