The Panhandle Gave!

We have 830,000 (and counting) reasons to say, “Thank you!”  This year’s #ThePanhandleGives campaign was a smashing success.  108 organizations from 14 counties came together to ensure their communities are strengthened.   

There was a large cross section of participating organizations ranging from large to small, regional to local, and across a variety of service types.  The magic of #GivingTuesday is the community coming together.  The movement has only been around since 2012, but it has become an international day of giving.   

We were so excited about the results, especially that we surpassed our original goal. Initially, our goal was $500,000, which we determined by doubling last year’s totals and adding in the $200,000 of amplification funds raised by the Amarillo Area Foundation.  We are still counting at this hour, but the total now is over $830,000.  This is a testament to the generosity of the residents of the Texas Panhandle.  

We are already planning for 2019 and we can’t wait to get there!  If your favorite organization didn’t participate this year, please reach out to them and let them know registration will open at the beginning of January and will conclude by March.  If they need more information, they can email me here: broc@aaf-hf.org.  

It takes everyone to make our communities stronger, so we thank you! We consider everyone in the Texas Panhandle a neighbor and with #ThePanhandleGives, we are giving our neighbors a brighter future.   

We would like to thank our sponsors for this event: 

Premier Sponsors

The Don and Sybil Harrington Foundation 

Louise Bowers Slentz Foundation 

Presenting Sponsors 

Amarillo National Bank 

Happy State Bank 

High Plains Christian Ministries Foundation 

United Supermarkets 

Key Sponsors 

Cactus Feeders 

FirstBank Southwest 

First United Bank 

Underwood Law 

Platinum Sponsors 

Auto Inc. 

Amarillo Pediatric Dentistry and Orthodontics 

Brown Graham and Company 

Favor Food Delivery Service 

Mary E. Bivins Foundation 

Media Sponsors 

KAMR 

KCIT 

KFDA 

KVII 

Lamar Outdoor 

Getting Your Scholarship Application Ready!

Now that the scholarship application is open, what can you do? Because you can’t get your 7-semester transcript until after this semester, you won’t be able to submit your application now. That being said, you need to start working on the other parts of the application now. Below are the things you can work on now while waiting for the transcripts.

  1.  Birth certificate or Legal Permanent Resident card/document
  2. ACT/SAT scores if you are not planning on retaking the test(s) again
  3. 2017 IRS tax form 1040 for both parents and the student (if you have one). You can submit your SAR (student aid report) IF  you did not import your information on your FAFSA.
  4. Student’s resume – make sure it is current

Letters of Recommendation – Each student should be asking individuals that know them to write a recommendation letter now so that they have plenty of time to write a well-informed letter about the student. You will need two letters – one from a high school teacher that taught you and one from a pastor, employer, coach, mentor, etc.

Essay   This document will tell the selection committee who you are, what your plans are to further your education after high school, what you’ve accomplished or been involved in while in high school, what you intend to do in your future and how you intend to accomplish that.


APPLICATION DEADLINE IS THE SECOND FRIDAY IN FEBRUARY AT 12:00 NOON AND MUST INCLUDE THE FOLLOWING ATTACHMENTS:

•    Proof of U.S. Citizenship (photocopy of U.S. birth certificate) or legal permanent residency status
•    Transcripts
º    High school students must submit an official 7-semester transcript (includes fall semester grades) and dual credit transcript if applicable
º    College students must submit an official transcript of their most recently completed college courses
•    ACT and/or SAT scores (if scores appear on the back of your high school transcript, no additional documents are necessary)
•    Previous year’s IRS tax form 1040 for the household
– In place of the IRS Form 1040 you may upload a copy of your Electronic Student Aid Report (SAR) as long as you have NOT imported your financial information directly from the IRS. Please note your parent’s adjusted gross income (line 85) and your adjusted gross income (line 36) must show the dollar amount for verification.
•    Two (2) letters of recommendation – one letter should be from a teacher you had in high school, and the second letter should be from a pastor, employer, coach, mentor, etc.  Letters written by family members are not permitted.

Most importantly, begin working on this now. You will avoid the rush of the February deadline. Students who plan, execute and submit great applications give a positive outlook to the selection committee.

Here’s where you can get started: CLICK HERE to begin your scholarship application

Women’s Philanthropy Fund Gets Results in 2017

The reports are in and we have great news to share about how the 2017 grants from the Women’s Philanthropy Fund have improved the lives of women and children across the Texas Panhandle. $40,000 was awarded to 5 organizations in 2017. Here’s how they made a difference:

Mission Amarillo – Eighteen teen parents were matched and met with a professional mentor from the community weekly or bi-monthly for individual sessions on life skills, two of which were high school seniors who registered at AC for Fall 2018 and three have completed their first year at AC.

Amarillo Housing First – Thirteen women, some with children, have been assisted with new homes and basic supplies, and several of these women received assistance with housing-related fees, bills or documentation.

Great Plains CASA for Kids – The WPF grant funded the purchase in part of the new CASA building which will host all basic mandated CPS services in one local place for CPS involved parents allowing for increased communication, collaboration and advocacy for youth.

University Health Sciences Center – The WPF grant funded, in part, the Cryoblation equipment which has been used for the freeze killing of benign and malignant tumors of the breast without lumpectomy on seven patients with early outcomes of zero complications.

Turn Center – The WPF grant funded in part the second-year continuation of Turn Center’s two-year LPC internship program for psychological counseling services to 139 Turn Center patients and their families, at no charge to the families, representing a value of $52,132 of free counseling services over this two-year period. This represents an additional 78 families receiving 489 total service hours above the first-year outcomes of 61 families, of which an additional 384 hours of counseling went to children currently served, 43 hours of counseling to parents/guardians, 14 hours of counseling to siblings, and 48 hours of parent consultations totaling $29,312 of free counseling within this second year alone. Turn Center’s LPC-Intern expects to complete internship hours and become fully licensed in late 2018 or early 2019, at which time Turn Center will begin billing for counseling services reimbursement.

The Women’s Philanthropy Fund is excited to announce the 2018 grant recipients soon and can’t wait to see the wonderful ways the money will help women and children across the Texas Panhandle. If you have a passion for helping women and children, contact Amy Lovell at amy@aaf-hf.org or by calling 806-242-0305 to see how you can become a supporter that helps make these positive outcomes possible.

How to Set Up a Fund

What is a fund?

At the Amarillo Area Foundation, funds are used to help donors fulfill their philanthropic interests.  A fund is like having an account at AAF. You put money in and then give us general directions on what charitable causes you want to support.  Often donors choose to give in the areas that they are most passionate about and we ensure that organizations they wish to give to are sound.  This provides the donor with a sense of security, while still making the impact with ease.   

How to open a fund.

Opening a fund is done by initially sitting down with AAF’s development staff and talking about your philanthropic plans.  Their goal is to make sure to match your intention to the type of fund you’ll need, but more on that later.  Each fund requires a minimum $10,000 charitable contribution to get the fund started. You may request distributions from your fund to qualified nonprofit organizations.  Distributions may not be used to satisfy a pledge or to receive a personal benefit (e.g., purchasing a table at a charitable event which you plan to attend). 

Next, let’s take a look at the types of funds and their function.

Types of Fund:

An Endowed Agency Fund at Amarillo Area Foundation is a step towards sustainability.  The initial money to open the fund must come directly from the nonprofit agency (a 501(c)3 organization); donors may contribute to the fund after it’s established to help you build your endowment with their charitable gifts.  When establishing your endowed agency fund, you may choose to receive quarterly distributions of the interest while leaving the corpus intact.  IRS tax laws also allow you to report your agency fund as an asset. 

Community Funds at Amarillo Area Foundation are endowed Field of Interest Funds. As an endowed fund, distributions are allowed from the interest earned on the fund while the principal remains intact.  As a community fund of the AAF, Community Fund holders may receive services including financial management, strategic development, and training. This partnership provides advantages such as safekeeping and management of the endowment fund. 

Amarillo Area Foundation has established a Corporate Fund option to assist you in planning your corporate strategic community investment.  The process of selecting and qualifying organizations that meet your company’s mission may be time-consuming and challenging.  The Foundation can assist in that process by assuming the responsibility of accepting, qualifying, and recommending nonprofits and award amounts from your corporate fund.  We can also serve you by receiving and qualifying requests and passing those along to your corporate leadership for the final decision concerning distributions from your fund.

A non-endowed Corporate Fund may be established with a charitable contribution of $10,000 and may be added to at any time.  We would be pleased to visit with you about the options available to you concerning contributions, distributions, and your active role in managing your fund.

With a Donor Advised Fund at Amarillo Area Foundation, you have an on-going involvement in the use of your charitable contributions.  You will identify ways to use your fund to address issues and needs you care about most.  Our friendly staff will be here to help you along the way. Once your recommendations are submitted and approved by our local Board of Directors, funds will be distributed as grant dollars according to your wishes.  Donor Advised Funds are the largest types of funds AAF holds. 

A Donor Designated Fund at Amarillo Area Foundation, typically an endowed fund, is held for specific nonprofit philanthropic purpose and is an excellent sustainability investment. The corpus is preserved by reinvesting quarterly earnings, or the beneficiary may use the earnings by taking quarterly distributions. Funds that are not endowed allow the use of the fund principal in addition to income. The decision to reinvest or use quarterly earnings is established when the fund is created.

A Field of Interest Fund at Amarillo Area Foundation offers flexibility that other funds may not, such as using the funds to pay for expenses during a capital campaign, construction project, or events.  A Field of Interest Fund may also be designated for support of certain types of programs without being specific to any agencies or organizations. 

Scholarship Funds at Amarillo Area Foundation provide the opportunity for you to offer students in our area a post-secondary education.  The application, selection, and award process is managed by the Foundation’s professional staff and the volunteer Scholarship Selection Committee.  The criteria for the scholarship may be written to your specifications. A scholarship fund must be fully funded for 12 months before the first scholarship may be awarded. 

A Scholarship Fund may be endowed for a minimum charitable contribution of $25,000.00 .  As an endowed fund, scholarships may be awarded on the interest earned from the fund while the principal remains intact.   

For more information about setting up a fund, please contact our development staff: Trent Hill: trent@aaf-hf.org, or Amy Lovell: amy@aaf-hf.org.  or by calling 806.376.4521

Katherine E. Brady Fund Enhances Texas Panhandle Quality of Life.

Katherine E. “Kitty” Brady loved the Panhandle of Texas. Born in Dumas, Mrs. Brady lived in Amarillo for 86 years. During her lifetime, she supported numerous nonprofit organizations. Mrs. Brady nursed her husband Harold through numerous hospital stays over the years. These experiences led Mrs. Brady to establish the St. Anthony’s Hospital Auxiliary to provide assistance for patients and their families. She later served as president of the Texas Association of Hospital Auxiliaries.

Mrs. Brady desired to leave a legacy that would benefit the area that she called home. She named the Amarillo Area Foundation as the sole beneficiary of her estate to benefit Texas Panhandle residents. The Katherine E. “Kitty” Brady Fund was established at the Amarillo Area Foundation in 2001. Since that time, more than $3 million in grants have been awarded from the Brady Fund to 72 nonprofits across the Texas Panhandle.

Her legacy includes providing eyeglasses and exams for low-income children, senior meals and activities for a three-county area, community center renovations in North Amarillo, and summer camp experiences for children battling cancer. Mrs. Brady is a wonderful example of the philanthropic spirit that enhances quality of life in the Texas Panhandle.

The power of endowment

The Alvin A. and Hattie Mae Bush Scholarship Fund, created by Mr. and Mrs. Bush in 1970 with an initial gift of $100,000, honors the career of accounting the couple enjoyed together for many years.  Significant in my ways, most notably as the first fund of the Amarillo Area Foundation, this fund seamlessly created a legacy for future accountants in the Texas Panhandle.  In the original press release, Mr. Bush said, “It has long been our desire to give financial assistance to area students that exhibit potential expertise in accounting.” Since this first scholarship was established, the Amarillo Area Foundation has grown their scholarship program exponentially, awarding over $1,000,000 in scholarships annually.    

The Bush scholarship has awarded $514,000 in scholarships since its inception.  By endowing the fund, the Bush’s guaranteed that the scholarship will be awarded in perpetuity and students that “exhibit potential expertise in accounting” will be ensured opportunities for secondary education.  

Though Mr. and Mrs. Bush both passed away in 1982, the scholarship continues their legacy for future generations of accounting professionals. That’s the power of endowment.   

 If you’re interested in setting up your legacy, contact our development team:  amy@aaf-hf.org, 806.376.4521  

 

2018 Harrington Regional Medical Campus Grant Cycle

The mission of the AAF Community Health Foundation, otherwise known as the Harrington Regional Medical Campus (HRMC), is to promote quality of life in the Texas Panhandle through exceptional healthcare, education, and research. Applications are now being accepted for the 2018 HRMC Resident Grant Program and the HRMC Community Health Grant Program.  The goal of the grant programs is to improve the quality and accessibility of healthcare ultimately leading to an improved quality of life for residents of the top 26 counties of the Texas Panhandle.

Both grant programs are competitive and proposals will be accepted from eligible organizations.  Eligible organizations are those that hold a current tax-exempt status under Section 501(c)(3) of the Internal Revenue Code and include a nonprofit organization, recognized government entity: state, county, or city agency, that are requesting funds exclusively for public purposes; a K-12 public school, community/junior college, state college or university; or a faith-based organization with a proposed project that benefits the community at large.

HRMC Resident Grant Program: The HRMC Board will accept grant applications from Medical Center campus resident organizations for projects and capital improvements.  Preference will be given to Ronald McDonald House, Turn Center, Amarillo Botanical Gardens, Don Harrington Discovery Center, and Coffee Memorial Blood Center.   $21,000 is available and proposals for up to $20,000 will be accepted. High priority will be given to specific project-related proposals.  Operational support is a low priority.

HRMC Community Health Grant Program: The HRMC Board will accept grant proposals for healthcare related projects from eligible organizations located throughout the 26-county region.  $42,000 is available and proposals for up to $20,000 will be accepted.  High priority will be given to specific project-related proposals as well as challenge and/or matching grants.  Proposals will be accepted for capital projects, capacity building, innovative projects, and research projects.  Operational support is a low priority.

Organizations may only submit one grant application per year; however, Medical Center campus residents may submit a grant application to both the HRMC Resident Grant Program and the HRMC Community Health Grant Program in the same year.

Go to www.amarilloareafoundation.org/hrmc-grant-programs to learn more about HRMC.

2018 Proposal Submission Deadlines

The Amarillo Area Foundation will accept applications for both the HRMC Resident Grant program and the HRMC Community Health Grant Program until noon on Friday, August 31, 2018.  Applications for both grant programs must be submitted through the Foundation’s online portal which can be accessed on the Internet at aaf.spectrumportal.net. Applications or parts of applications submitted in any other manner (paper, e-mail, etc.) will not be accepted.  For more information regarding the online application please see www.amarilloareafoundation.org/application-2016

Selection Process

Both grant programs are competitive.  Applications will be reviewed by AAF staff for eligibility and completeness.  The HRMC Board of Directors will review the applications in October and make funding decisions.  Organizations will be notified of funding decisions in late October.

Contact information

Contact grants@aaf-hf.org or call 806.376.4521 with any questions.

Amarillo Area Foundation Welcomes New Vice President of Community Investment

The Amarillo Area Foundation is proud to welcome Emily Wood as Vice President of Community Investment. Wood will be responsible for the Foundation’s grants and scholarship programs, the Nonprofit Service Center, No Limits No Excuses, ACE, as well as new community investment program

She joins AAF from the Amarillo Children’s Home where she served as the Director of Development. During her tenure, she facilitated capital campaign planning, created and managed an annual development plan, and assisted in the recent rebranding of the organization (previously Presbyterian Home for Children).

Woods comes to the Foundation with over 16 years of experience in the nonprofit sector. For many years she worked as a consultant with organizations to help them achieve their goals through strategic planning, database management training, grant writing, executive search, and fund-raising assistance. She has served on the staff of Opportunity School, The Amarillo Symphony, and The Bowery Mission (NYC).

Woods holds a BA in English with a minor in Journalism from Baylor University. She is a member of the Association of Fundraising Professionals and has volunteered with many local organizations such as Coronado Elementary School, the Junior League of Amarillo, and Heal the City.

“I love the people of the Texas Panhandle because we are strong, resourceful, and we care for our neighbors.  I’m honored to join the Amarillo Area Foundation team at a time when the needs of our community are great, but our resources are even greater,” said Emily Wood.  “Our nonprofits are vibrant and growing faster than any other period in our history, which means we have the greatest opportunity to impact the future of our community right now.  I look forward to diving in and helping in this great work of improving the quality of life for each of us here in the Texas Panhandle.”

“We are thrilled to have Emily join the Amarillo Area Foundation family,” said Clay Stribling, President and CEO of the Foundation.   “Her extensive nonprofit experience will allow the Foundation to aggressively pursue its mission to improve quality of life for Panhandle residents.”

 

ACE Scholarship Program to Wind Down 

The current Achievement through Commitment to Education (ACE) scholarship program will wind down over the coming years as the Amarillo Area Foundation begins work with community partners to create a sustainable new program to help students gain an education beyond high school.  The Amarillo Area Foundation has operated the ACE program for more than 24 years. 

“The success of the ACE program will be felt in the Panhandle region for decades,” said Clay Stribling, President and CEO of the Amarillo Area Foundation. “We are proud of the success of the program and the scholars who were inspired to greater achievement through ACE.” 

The ACE program will continue supporting students who have signed an ACE pledge, including students who were classified as freshmen through seniors in high school during the last academic year and those pursuing higher education now. However, no new high school students will be enrolled in the program. 

“ACE will pay scholarships as long as funding remains, and the Amarillo Area Foundation is dedicated to the task of finding community partners to meet the commitment to existing scholars in the program,” Stribling said. 

ACE began in 1994 at Palo Duro High School and later expanded to Caprock High School and to qualifying students at Tascosa High School.  The program provided participants with college tuition, books, and fees if they met certain criteria. Since its inception, ACE scholars have earned 2,319 certificates and degrees, including 14 doctoral degrees. Approximately $8.3 million in ACE scholarships have benefited students over the life of the program.  

“Funding for higher education is a need for many families in our region, and we recognize it is critical to our future,” Stribling said. “As we continue our work with community partners on a scholarship program to address the needs of all AISD students, I encourage parents and others with questions, concerns, or ideas to contact the foundation.” 

Charitable Gift Annuities – Plan Today for a Future You Can Count On

You may be tired of living at the mercy of the fluctuating stock and real estate markets. A charitable gift annuity is a gift made to our organization that can provide you with a secure source of fixed payments for life.

Benefits of a charitable gift annuity

  • Receive fixed payments to you or another annuitant you designate for life
  • Receive a charitable income tax deduction for the charitable gift portion of the annuity
  • Benefit from payments that may be partially tax-free
  • Further the charitable work of Amarillo Area Foundation with your gift

How a charitable gift annuity works

A charitable gift annuity is a way to make a gift to support Amarillo Area Foundation.

  1. You transfer cash or property to Amarillo Area Foundation.
  2. In exchange, we promise to pay fixed payments to you for life. The payment can be quite high depending on your age, and a portion of each payment may even be tax-free.
  3. You will receive a charitable income tax deduction for the gift portion of the annuity.
  4. You also receive satisfaction, knowing that you will be helping further our mission.

If you decide to fund your gift annuity with cash, a significant portion of the annuity payment will be tax-free. You may also make a gift of appreciated securities to fund a gift annuity and avoid a portion of the capital gains tax. Please contact us to inquire about other assets that you might be able to use to fund a charitable gift annuity. To calculate what your benefits might be, please visit our website.

Contact us

If you have any questions about charitable gift annuities, please contact Trent at trent@aaf-hf.org or call 242-031. Or, contact Amy at amy@aaf-hf.org or 242-0305. We would be happy to assist you and answer your questions.