BAF distributes 118 grants totaling $317,236 to 56 organizations in our area from designated funds for 2018...
A grant from the Beckley Area Foundation is a partnership. Your story is our story. Since the first designated fund was established in 1986, the BAF has been telling stories of donors and helping area organizations to create new stories.
A designated fund is a charitable fund established by a donor to benefit a specific charity or program for a charity. One organization in our area, Helping Hands Resource Center, receives distributions from three designated funds. To date, over $4.3 million dollars has been distributed from designated funds.
“Designated fund distributions from BAF provides Helping Hands with money to purchase food for the needy and hungry residents of Raleigh County,” said Howard Mollohan, treasurer of Helping Hands. “This is especially important during this time of the year when other contributions tend to be lower. We appreciate the distributions to help meet our needs. During the last fiscal year, we provided food for 16,859 people. BAF funds allowed us to purchase a large portion of that food.”
The Beckley Area Foundation’s Board of Directors has approved distribution of 118 grants totaling $317,236 to 56 organizations in our area from designated funds for 2018. The 2018 grant awards are as follows:
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Also, please note that these are not the grants that were applied for through our Annual Community Grant Program last December. Those awards will be announced in a couple of weeks. Please stay tuned!)
Your Beckley Area Foundation is a proud supporter of Active Southern West Virginia and their Kids Run Clubs. With funding from a BAF Community Grant, Active SWV was able to add running clubs to three more Raleigh County schools during the 2017-2018 fiscal year.
Participant survey results are in from the fall 2017 season of Kids Run Clubs, which were analyzed by their partners at the WVU School of Public Health. These results are a testament to the hard work and dedication of volunteer Run Club Coaches who give their time and energy to get youth excited about physical activity. Fifteen schools participated in the Kids Run Club Program in the fall of 2017, with 1,016 participants and 126 volunteer coaches. Three cheers for Active SWV Kids Run Clubs as we celebrate 2017 and prepare for the 2018 seasons!
- 40% of participant respondents decreased their computer and video game screen time on school days
- 71.8% of survey respondents said that since their participation in Run Club they got a friend or family member to increase their physical activity
- Participants learned new physical activity skills: warm-up, cool-down, and stretching
- Keeping up the momentum: returning participants started the program at a higher level of physical activity than new participants
Help continue to grow this free youth program by spreading the word about Kids Run Clubs as we work to make the youngest generation of West Virginians the healthiest yet! Does your school need a Kids Run Club? Contact firstname.lastname@example.org
In 2004, Beckley Area Foundation was approached by Webster County Project Coordinator Paula Green with the concept of a community fund for her county. Organized to accept donations, create endowments and distribute grants for the benefit of the people of Webster County, the Webster County Community Fund has blossomed.
Economic Development Authority Executive Director Geary Weir has seen the work and generosity of the residents, both current and past, bolster this concept to cultivate 11 individual perpetual funds.
Harry H. Harkins Jr. is the most recent donor, establishing two separate endowments. The Cutlip-Harkins Scholarship Fund will benefit a matriculating senior of Webster County High School pursuing a post-secondary education. The Cutlip-Harkins Endowment for Webster County, a discretionary fund, will support the grant program for emerging needs and projects within the county.... (To finish story please visit the following link.)
This year, Beckley Area Foundation, Inc. ranked #8 out of 212 applicants for the Neighborhood Investment Program (NIP), receiving the top award amount of $62,000.00. The Neighborhood Investment Program was established in 1997 by the West Virginia State Legislature to encourage charitable giving to local nonprofit organizations. It is administered by the WV Development Office.
The Beckley Area Foundation has participated in this program since its inception. The program allows 501-c-3 designated charitable organizations to apply for state tax credit vouchers. Organizations approved to participate can then distribute the vouchers to contributing businesses and individuals. By donating to an approved NIP organization, contributors can support their community and earn credits to reduce West Virginia personal income tax, business franchise tax or corporate net income tax.
BAF awards the credits to eligible donors on a first come, first served basis. Businesses and individuals who donate $500 or more to BAF, or any other participating charity, are eligible to receive 50 percent of the contributed amount in the form of state tax credits.
“The NIP has always been an excellent tool for community foundations to build endowments that will generate income to support the under-served populations of West Virginia. This year we recognize that the southern coalfields of our mountain state face unprecedented economic and social challenges. Thus, we want to offer NIP eligible donors the opportunity to select from a variety of programs we support that reach out to under-served communities, and address immediate needs with half of their gift being directly "passed-through" and the other half will be added to a permanent endowment that will generate additional income every year for the same purpose” stated BAF Executive Director, Dena Cushman.
BAF will also use current endowment income to address these same programs/organizations. The Foundation can offer the opportunity to address a wide diversity of programs without exclusion of a current pressing need, provide immediate support from both pass-through gifts and endowment income while building endowments for the future.
In addition to BAF, six other Raleigh County organizations received NIP state tax credits; Just for Kids, Hospice of Southern WV, West Virginia Professional Dance Company, United Way of Southern WV, New River Community and Technical College and Brian’s Safehouse. The Hinton Area Foundation, a community foundation serving Summers County, also received state tax credits to use for their Vision 20/20 campaign.
For additional information about making an NIP eligible gift, contact the Beckley Area Foundation at 304-253-3806 or email@example.com.
For the past three years, the Beckley Area Foundation has set aside a portion of its allocation of Neighborhood Investment Program WV state tax credits to reward donors who made donations to the Foundation’s special initiative called “Feeding Our Friends.” The program has become so popular that despite an increase in the number of credits BAF set aside for this purpose, all of the allocated tax credits were spoken for prior to the 2016 Thanksgiving and Christmas holiday season.
Donors were permitted to select the recipient feeding program for their donation from a list of those serving Raleigh County, each organization having been vetted by the Foundation. In January, 2017, BAF sent checks of $1,257 to the Salvation Army; $6,357 to Helping Hands Resource Center; $257 to Heart of God Food Ministries; $3,857 to the Carpenter’s Corner; $257 to Fishes and Loaves; $1,257 to Bread of Life; and $1,758 to The Shepherd’s Table for a total of $15,000 donated to area food providers.
Traditionally, many grants awarded through the Foundation’s annual Community Grant Program have covered the costs of durable goods that can be used over a multi-year period by local non-profit charitable organizations. However, BAF recognizes that the greatest need of area food banks is obtaining funds to purchase food. They also need the latitude to make purchases that fill in important gaps within food groups supplied from other sources. Their supplies may lack such items as fresh vegetables and fruit.
It is also obvious that current economic conditions within our service area have significantly increased the numbers of people being served by organizations supplying meals and non-perishable food items to those in need.
Following the guidelines of the WV State Development Office, the Beckley Area Foundation was able to award a state tax credit voucher in the amount of one half of the donors’ gifts to the BAF “Feeding Our Friends” initiative. The state requires that the donation be $500 or more. Individuals who contributed $500 received a voucher that will reduce their state taxes by $250; those who donated $1,000 received a voucher for $500. These vouchers can be used to reduce WV personal income tax, corporate net income tax or business franchise tax. The entire amount of the gift can be used as a charitable deduction on federal tax returns.
“The Board of Directors set aside $7,500 in WV state tax credits for this program,” commented Dena Cushman, the Foundation’s CFO. “It is important to realize that only a limited number of tax credits were allocated to BAF through a competitive application process. We had a finite number of credits which could be used for this pass-through donation program and a finite number to build permanent charitable endowments.”
“The Foundation will apply to participate in the 2017-2018 round of NIP, and we hope to be able to again offer this popular opportunity supporting area food providers during the fall of 2017.”
Contact the Beckley Area Foundation for further information by calling 304-253-3806 or email firstname.lastname@example.org.
West Virginia’s 10th Annual Spirit of Philanthropy Critical Impact Award Goes to theBeckley Area Foundation