News from The Fayetteville Community Foundation

June 2007

Vol 1, Issue 1

Philanthropy Matters

A Newsletter of the

Fayetteville Community Foundation

This issue of Philanthropy Matters is dedicated to the memory of John Lewis.

John was a founding member of the Foundation and our first board chairman.

John encompassed the sprit of FCF by continually striving to improve Fayetteville

and the Northwest Arkansas region. We will miss him tremendously.

It is my honor to serve the Fayetteville Community Foundation this year as board chairman and it is my pleasure to share with you our first newsletter. The Foundation has experienced remarkable growth over the past three years, and we felt it was time that we share some of the good news with you. A few of our accomplishments include:

§ Establishing a total of 30 funds;

§ Growing our assets to $1,500,000;

§ Awarding over $315,000 through our donor advised, field of interest and scholarship funds since our inception in 2004;

§ Establishing our first unrestricted fund. This is the first step towards the Board making discretionary grants to nonprofit organizations in the community;

§ Realizing a 10.7% rate of return on our endowed funds last year;

§ Completing our Founders' Circle Campaign, thus moving from the phase of raising operational support for the Foundation to that of fund development.

None of this would have been possible were it not for the support of our generous and dedicated Founders' Circle Members and fund holders. Your support is the reason for our growth, and we are forever grateful.

As the Northwest Arkansas area continues to grow, the Fayetteville Community Foundation through charitable giving and community support, will help to shape our region's future and its legacy. If you have not already done so, I encourage you to become a part of the Fayetteville Community Foundation. If you are already involved with FCF, on behalf of the Board of Directors, thank you for your continued support.

Sincerely,

James W. Smith

In This Issue

Fund Focus

New Funds Established

About FCF

Grants at a Glance

Founders' Circle Members

2007 Board of Directors

Woody Bassett

Sarah Diebold

Kim Dutton

Willard Gatewood

Tony Hui, M.D.

Dennis Hunt

Stacy Keenan

Hugh Kincaid

David Lashley

John Lewis

Larry Olson

David Parks

Neal Pendergraft

Ann Rosso

Mary Sanchez

Larry Shackelford

Marti Sharkey

Curtis Shipley

Jim Smith

Miriam Smith

Donny Story

Bud Edwards, Honorary

David McClinton, Honorary

Carolyn Walton, Honorary

Becky Brink

President & ceo

Fund Focus

Beaver Lake

The Fayetteville Natural Heritage Association (FNHA) formed in early 2003 to promote conservation of important natural areas in and around Fayetteville. So far, FNHA has contributed to several successful conservation projects and conducted an "Urban Forest Conservation Assessment for Fayetteville, Arkansas" that prioritizes future conservation opportunities

Click here to read more about the partnership between FNHA & FCF

New Additions to Our Family of Funds

FCF would like to thank the donors who recently

established the following new funds:

~ Cameron Averitt Bobbitt Memorial Fund

~ Murray T. Harris Scholarship Endowment

~ Dennis & Marla Hunt Charitable Fund

~ Hugh & Brenda Kincaid Charitable Fund

~ David & Lanell Lashley Fund

~ John & Helen Lewis Fund

~ Northwest Arkansas Tip Off Club

~ Parker - Thompson Family Endowment

~ Genevieve M. Pennington Charitable Fund

~ Randell & Miriam Smith Family Fund

~ Restore Humanity Fund (Sarah Fennel)

~ Carolyn F Walton

Click here to see a complete listing of our funds.

About FCF

The Fayetteville Community Foundation (FCF) is a tax-exempt, public charity organized in November 2003 to receive, protect and distribute gifts from individuals and organizations for the improvement of Fayetteville and surrounding communities.

The Foundation is a collection of charitable funds varying in size from $10,000 to hundreds of thousands of dollars. Each fund has its own identity and philanthropic purpose and each endowed fund benefits from being invested with other funds to create a lasting community resource. Currently, FCF has assets of just over $1.5 million.

Individuals, corporations, and nonprofit organizations use the Foundation for a wide variety of reasons. Although their gifts vary in size, the generosity and foresight of our donors reflect a passionate commitment to the community and a desire to improve our quality of life for future generations.

The Foundation accepts charitable gifts of almost any kind, invests the funds, and distributes either a specific dollar amount or a percentage of the total to nonprofit organizations and programs according to the donor's advice, interests and charitable purpose.

For more information about FCF please contact
Becky Brink, president & CEO

at 479.444.6880 or
becky@faycf.org

Grants At a Glance

Hands shaking in agreement

Since our inception, FCF has awarded over $315,000 through our donor advised, field of interest and scholarship funds. The following is a partial listing of organizations that have been the recipients of those grants.

Arkansas Athletes Outreach ~Arkansas Children's Hospital ~

Bob Kraynik Community Sports Complex ~ Central United Methodist Church~Fayetteville Development Foundation Inc. ~

Fayetteville Public Library Foundation~ Fellowship Bible Church ~

Habitat for Humanity ~ Komen Ozark Race for the Cure ~

Seven Hills Homeless Shelter ~ United Way of Washington County ~

University of Arkansas ~ Walton Arts Center ~

Winslow Community Development Foundation ~ Woodland Jr. High

Click here for a complete listing

THE FOUNDERS' CIRCLE

Created through the vision and generous support of numerous community leaders,

the Founders' Circle is providing critical operational support

to the Foundation during our first five years. We are truly grateful to each member

for their investment in our community's future.

Founders' Circle Leadership Level

Bob and Linda Gaddy ~ Donald W. Reynolds Foundation

Winthrop Rockefellar Foundation ~ Joe Fred and Billie Jo Starr

Willard & Pat Walker Charitable Foundation ~ Carolyn Walton

Founders' Circle Gold Level

The Bank of Fayetteville ~ Mark and Mimi Blackwood ~ E.G and Karlee Bradberry

DOXA (Neil Shipley and Tim Walker) ~ Tom and Natalie Garrison

James and Stacy Keenan ~ Greg and Hannah Lee ~ Hayden and Mary Joe McIlroy

Gregg Ogden ~ Neal and Gina Pendergraft ~ Prairie Grove Telephone Company

Fred Stone/Rebsamen Insurance ~ Sweetser Family Partnership

Founders' Circle

Athletic World Advertising ~ Richard Atkinson (Deceased) and Michael Holloman

Scott and Leslie Bailey ~ Michael and Catherine Baker ~ Robin Baldwin

Les and Mina Baledge ~ Jeff Dunn/Bank of Arkansas ~ Brandon and Keri Barber

Woody Bassett ~ Thad and Melonie Beck ~ Ted and Leslie Belden

Larry and Nancy Bittle ~ Marlon and Ati Blackwell ~ Tim and Mary Beth Brooks

Clear Title LLC of Arkansas ~ Carl and Jan Collier ~ Conrad Financial Group

Laddy and Sarah Diebold ~ Mark and Kim Dutton ~ Bud and Sue Edwards

Joe and JeanAnn Fennel ~ Friday, Eldridge and Clark ~ Willard and Mary Lou Gatewood

J.B. and June Hays ~ Morriss and Ann Henry ~ Tony and Susan Hui

Dennis and Marla Hunt ~ Greg and Brenda Jones ~ David and Kathryn Jong

Gerald and Elizabeth Jordan ~ Hugh and Brenda Kincaid

Dr. Saran and Paige Kraichoke ~ David and Lanell Lashley ~ John and Dee Lea

John and Helen Lewis ~ Kent Starr/Liquor World ~ Don Marr and James Kunzelman

Mitchell and Lori Massey ~Bob and Linda McBride ~ McBride Distributing

Clark and Marie McClinton (Deceased) ~ David and Imelda McClinton

Gary and Athina McLendon ~ Hannah Finley McNeill ~ Mark McQueen

Raye and Elise Mitchell ~ David and Cynthia Mix ~ Tom and Nancy Muccio

Northwest Arkansas Business Journal ~ Larry and Sylvia Olson

The Parker-Thompson Family ~ Priority Bank/Trevor Lavy ~ Stuart and Ann Rosso

Justin and Susan Salter ~ Larry and Julie Shackelford ~ Craig and Marti Sharkey

Curtis and Jane Shipley ~ Jim and Courtney Smith ~ Randy and Miriam Smith

Southwestern Electric Power ~ Bob and Angel Srygley ~ Donny and Cheryl Story

Ed and Janice Torbett ~ Tullius, Taylor, Sartain & Sartain

Fred and Doreen Vorsanger ~ Ken and Regina Young

FCF Vision Statement

To be the recognized community-owned organization that initiates and encourages personal and corporate charitable giving today, to ensure that the philanthropic needs of residents of Fayetteville and surrounding communities can be met for all generations.

To find out more about establishing a fund at the Fayetteville Community Foundation, please call Becky Brink, president & CEO of FCF at 479.444.6880 or becky@faycf.org