News from The Fayetteville Community Foundation

October 2007

Vol 1, Issue 2

Philanthropy Matters

A Newsletter of the

Fayetteville Community Foundation

This issue of Philanthropy Matters is dedicated to the memory of Gregg Ogden. Gregg was a member of FCF's Founders' Circle and Advisory Board. Gregg was an enthusiastic supporter of FCF from day one. He was always ready to support projects to improve the Northwest Arkansas region and made a permanent impact on our region. He will be missed.

It has been my pleasure to serve as FCF Board of Directors chairman for 2007. It has been a year of prosperity and growth as FCF matures as an organization. Our asset base continues to grow with approximately $1.5 million, ensuring our ability to continue to positively impact our community. Since our founding in 2004, we have awarded over $350,000 through our donor advised, field of interest and scholarship funds. This is an exciting time to be actively involved with the mission and directive of FCF.

Along with our exciting growth, there has also been a sense of sadness at the loss of community leaders John Lewis and Gregg Ogden. Both men were giants in the community and instrumental in the early leadership of FCF. John was a founding member of FCF, instrumental in the effort to raise Founders' Circle funds and our first board chair. He served as secretary of the Board of Directors before his passing. Gregg was a member of the Founders' Circle and served on our Advisory Board. Both encompassed the spirit of FCF by continually striving to improve Fayetteville and the Northwest Arkansas region through their philanthropic activities.

FCF's first community discretionary fund has been named in memory of John Lewis to honor his extraordinary leadership. Administered by the board of directors, the John Lewis Memorial Fund will make grants to nonprofit organizations meeting critical needs in Fayetteville and surrounding communities. By naming FCF's unrestricted fund for John, we hope to continue the caring, philanthropic spirit in which he lived his life.

To all of you who have financially supported FCF, on behalf of our Board of Directors, thank you for making a difference in our community. We are truly appreciative of the trust you have placed in us as we continue to grow your Fayetteville Community Foundation.

Sincerely,

James W. Smith

In This Issue

Holiday Giving

Fund Focus

IRA Rollover Opportunity

Peace at Home Contribution

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

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

Tis the season to be giving

Looking for a unique gift for that special family member who has everything? The Fayetteville Community Foundation has the perfect solution. Let FCF assist you in creating a donor advised fund, named in honor of the gift recipient and the gift will keep on giving. Your loved one will have the joy of directing grants from the fund to nonprofit agencies and causes they care about for years to come. You and other friends and family can continue to contribute to the fund on birthdays, anniversaries, special occasions and holidays. It also provides a well timed tax deduction for contributors to the fund at year-end. If you want to surprise someone with a fund from the Fayetteville Community Foundation, contact us at 479.444.6880.

Fund Focus

Since 1951, the Washington County Historical Society (WCHS) has been dedicated to preserving and interpreting the history of Washington County. The open member organization was founded by University of Arkansas professor, Walter J. Lemke. The Society currently owns and maintains three historic properties in Fayetteville: Headquarters House and the Archibald Yell Law Office located on Dickson Street and Ridge House on Center Street and uses them to host Living History Programs and other events. Click here to learn more about WCHS.

IRA CHARITABLE ROLLOVER REMINDER

If you are age 70 � or older, you still have until December 31, 2007 to make direct federal income tax-free transfers of IRA assets (up to $100,000) to the Fayetteville Community Foundation. While such transfers cannot be used to fund donor advised funds, they do provide donors with an opportunity to make a more immediate impact with their gifts and can be used with a variety of other types of funds to support the causes you love. As a bonus point, the IRA charitable rollover counts toward fulfilling your required minimum distribution. If interested, contact us to see how you can benefit from this unique giving opportunity. To see an example of how it could work for you, click here.

FCF Supports Peace At Home Family Shelter

The Fayetteville Community Foundation recently donated $5,000 to the Peace at Home Family Shelter. FCF president & CEO Becky Brink, along with FCF Board Chair Jim Smith, presented Peace at Home CEO Judith Selle, and Peace at Home Board President James Keenan with the check to assist the shelter in helping domestic violence survivors. Click here to learn more about Peace at Home Family Shelter.

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 Rockefeller Foundation ~ Joe Fred and Billie Jo Starr

Willard & Pat Walker Charitable Foundation ~ Carolyn Walton

Founders' Circle Gold Level

The Bank of Fayetteville ~ David Banks ~Mark and Mimi Blackwood

The Jim & Diane Blair Foundation ~ 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 (Deceased) ~ 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 ~ Mark and Kim Dutton

Conrad Financial Group ~ Laddy and Sarah Diebold ~ ~ Bud and Sue Edwards

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

J.B. and June Hays ~ Malcolm & Ellen Hayward ~ 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 Lewis (Deceased) 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 ~ Craig & April Shy ~ 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 ~ W.C. Whitfield Jr. Trust ~ 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.

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

at 479.444.6880 or
becky@faycf.org