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August 2012

lunch and learn

 

The Community Foundation will host its next
Lunch & Learn
for nonprofits on
Thursday, August 16,
from 11:30 - 12:30,
at our offices at
225 Church Street

 

This is a great opportunity for nonprofit organizations in the Huntsville/ Madison County area to learn more about the Community Foundation and about how we work to increase giving in our community.  You may either bring your own lunch or order a lunch during the registration process.

 

to register.

 

New Members
of the Community Foundation Fund Family
 
Donor Advised Funds

 

 Mike & Patty Lowe
AGAPE Fund

 

 

Corporate Giving Funds

 

  

 

Recent Statistics
Since obtaining our nonprofit status in September 2009, the Community Foundation of Huntsville/Madison County has established 76 donor advised funds, 14 nonprofit funds, 3 fiscal sponsorships, and 1 designated fund totaling over $8,000,000.

The Foundation has distributed over $1,200,000 to nonprofits and churches on behalf of donors.
Nonprofit Town Hall
 Al Ass of Nonprofits
Alabama Association of Nonprofits is hosting a 
Town Hall meeting for Huntsville's nonprofit organizations on 
Tuesday, August 14.
 
For more information,
 
Board of Directors and Staff

  

James Gilbert, M.D, Chair

Bob Ludwig, Vice Chair
Liz Abel, Secretary
Rusty Stephenson, Treasurer
Chris Russell, Past Chair
John Baggette

Ken Barnett
Bill Fleming

Elizabeth Fleming

Jeremiah Knight
Sandra Moon

Anne Marie Reidy, M.D.
Dianne Reynolds
Gary Saliba
Sarah Savage

 

Margaret Anne Goldsmith

Emeritus Board Member


 Staff

 The Community Foundation employs three part-time employees. 


Lynne Berry

Executive Director

Melissa Thompson

Director of Community Relations
 

Kim Arnold

Financial Administrator

Leave a Legacy

 

  

You can make a positive difference in the lives of people in your community.

 

Gifts of endowment keep on giving and supporting the causes you care about most.  Turn your gift into a lasting legacy.

 

Anyone can be a philanthropist;
let us show you how.
 

 

Like us on Facebook

 

 

Happy Birthday to Us!!!

 

The Community Foundation celebrates our 3rd birthday
today, August 9th.

 

 

Today, we want to celebrate three years of service to our community.  At the Community Foundation of Huntsville/Madison County, we help people with giving hearts find simple, tax-advantaged ways to give.

 

We thank our wide range of donors who reflect the mission of the Community Foundation, serving as champions for improving our community through philanthropy that is ambitious, diverse, and inclusive.

 

The Community Foundation of Huntsville/Madison County has quickly become part of the fabric of our community. In the three years since its inception, donors have set up charitable funds totaling over $6.4 million.  Donors have allowed us to work with their families and professional advisors to design gift plans that fit their vision and donor preference.

 

On their behalf, the foundation has given over $1.2 million to various nonprofit organizations, schools, hospitals, and churches.

 

In addition, 14 nonprofit organizations have entrusted us with more than $1.6 million they have set aside for a rainy day.  We thank the nonprofits for their partnership and trust. We congratulate them for working with us as they strive to secure their long-term viability. 

A strong community benefits the individual, the community, and the greater society. Our donors and nonprofits are doing their part to make a difference.

 

Dr. James Gilbert, chair

Chris Russell, immediate past chair

Community Foundation Board of Directors

Dryden, Bound & Associates Establishes Corporate Giving Fund 

Dryden, Bound & Associates has established the Community Foundation's first Corporate Giving Fund.  Also known as a Company Donor Advised Fund, a Corporate Giving Fund provides a charitable vehicle for a company and its employees.


The fund is named by the company and established with an initial contribution. Employees may contribute throughout the year.  Designated individuals or a committee identify the charities that will be supported with grants from the fund.  The Community Foundation issues grants to the selected charities. The grants can be sent to any 501(c)(3) organization, church, or government in the nation and may be made in the name of the fund or anonymously.  The Community Foundation handles all administrative details including the preparation of tax acknowledgements for employees or others who contribute to the fund.


According to Jay Dryden, Senior Partner, "Dryden, Bound & Associates is dedicated to giving back to the community. We actively support local and national charities.  It is important that as we talk with clients about how they can include charitable giving in their estate planning, we demonstrate that our company recognizes the importance and the joy of giving."

 

James Gilbert, Chairman of the Board of the Community Foundation, added, "The Community Foundation is excited to introduce our first Corporate Giving Fund. This is a low cost alternative for companies wanting to support charitable causes. It can be established quickly. The Foundation handles investments, accounting, and tax returns and the staff is available to verify potential recipients, provide information, and send the grants. We are so happy to start this initiative with the caring folks from Dryden, Bound & Associates."

 

If you are interested in learning how your company can set up a Corporate Giving Fund, please contact Lynne Berry at 256.535.2065 or at commfoundhmc@gmail.com.   

Summit on Philanthropy

 
Save the Date
  

 

Thursday, November 15, 2012

Mark C. Smith Conference Center - ADTRAN

8 a.m. to 1:30 p.m.

 

The only event of its kind in Alabama, the Summit on Philanthropy is designed to assist you with your giving.

 

How can you make the greatest charitable impact
while securing the most significant tax advantages?

 

Scholarship Funds

The Community Foundation can assist you in establishing a scholarship fund.
 
TAILORED SOLUTIONS FOR STUDENT SUPPORT

 

We have the expertise to help you set up a scholarship for a customized purpose - such as helping a student from a specific geographic area pursuing a designated field of study at a certain type of institution.  We work with a wide range of K-12 schools, colleges and universities to ensure that the purpose of your scholarship is fulfilled.

 
The Foundation awards scholarships to nonprofit educational institutions for the benefit of students selected on an objective, non-discriminatory basis.  A specific school or  nonprofit named by the donor recommends scholarship recipient(s) each year according to established criteria and guidelines, and the Foundation sends the scholarship grant directly to the institution the student(s) will attend. 

 

There is a $50,000 minimum to establish a scholarship fund, and the annual administrative fee is 1.25%. 


If you are interested in learning more about our scholarship funds or if you would be interested in establishing a fund, please contact Lynne Berry at 256.535.2065 or at commfoundhmc@gmail.com.   

A Legacy of Leadership

 

 

Chris Russell, immediate past board chair, and Dr. James Gilbert, current board chair, honor Margaret Anne Goldsmith for her contributions in helping establish The Community Foundation of Huntsville/Madison County.  Ms. Goldsmith was recently given the emeritus designation by the Board of Directors.

Community Foundation Celebrates Milestone

 

The Community Foundation recently celebrated a significant milestone in our brief history.  On behalf of donors who advise us where to send their gifts, the Community Foundation has now distributed over $1,200,000 to churches and nonprofits.
 

 

 

The Community Foundation currently has no discretionary money that we can direct to nonprofit organizations, but we continue to work with donors to satisfy their charitable giving priorities.  As we continue to grow, we look forward to the day when we can direct funds to meet additional critical community needs.

Teaching People How to Give Effectively

 

In 2011, the U.S. Space & Rocket Center Foundation set up a  fund at the Community Foundation to maintain its extensive collection of space artifacts, rockets, and exhibits. 

 

Recently, the Space & Rocket Center hosted an event for some of its donors.  They approached the Community Foundation about creating a marketing piece that they could provide to their donors, and we were able to assist them in putting together a co-branded piece that they could distribute at their event. 

 

Because of their relationship with the Community Foundation, the U.S. Space & Rocket Center Foundation was able to teach their donors how to give more effectively.  Their donors will be able to use that information to further support the mission of the U.S. Space and Rocket Center Foundation.  This is yet another benefit that we are able to provide to nonprofit organizations who choose to place their investment funds through the Community Foundation.

 

If you would like more information about how your nonprofit organization can invest in the Community Foundation, please contact Melissa Thompson at 256.535.2065 or at commfoundhmc2@gmail.com.

The Community Foundation of Huntsville/Madison County
Mailing Address:  P.O. Box 332, Huntsville, AL 35804

Physical Address:  225 Church Street, Huntsville, AL  35801
256.535.2065

info@communityfoundationhsv.org