Author Archives: Amy Lovell

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.

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.

 

The Bright Side of the Texas Panhandle

Bad news is an abundant commodity these days. You can find it everywhere you turn. From social media, to print news, to television, to the radio, there is no shortage of sad, depressing news. So much so, we often fail to see what is occurring before our eyes. It’s easy to lose our way in the shadows of negativity. But without some brilliant light, there would be no shadows. There is always a positive light shining somewhere if we only take time to look.

We have a solution

At the Amarillo Area Foundation, we are fortunate to get a daily glimpse at the multitude of ways people across the Panhandle shine through filling needs in their communities. Every day we see people volunteering, giving of their time and financial resources. Sadly, these types of stories don’t make the news often. That is why the Amarillo Area Foundation has created The Bright Side. Each Tuesday at 6:00 PM on News Channel 10, The Bright Side will spotlight one of our fund holders in a one-minute media package courtesy of the Amarillo Area Foundation. The purpose of this endeavor is to focus on the positive news in the Texas Panhandle while helping organizations and projects gain exposure to potential donors, volunteers, and those desiring their services. By providing this service for our fund holders, we hope the positive light they are shining will be amplified for more people to see. We hope people become inspired to both be and see a shining light in their corner of the Panhandle. And, we hope even more needs are filled from the arts, to education, to human services, to healthcare.

Here’s our first two in the series:

WEEK 1
WEEK 2

A Year of Positive News

For the next year, plan to see the good works of 52 different fund holders at the Amarillo Area Foundation. May it open your eyes to the generous, positive people surrounding you in the Panhandle. May it open your mind to identifying needs in your community. May it open your heart to fulfilling those needs becoming part of the bright side of the Texas Panhandle.

Tune in each Tuesday at 6:00 PM to see The Bright Side on NewsChannel 10.

Alone We Can Do Little, Together We Can Do Much!

It is no secret that when women choose to work together, great feats can be accomplished. The Women’s Philanthropy Fund is a shining example of this. In 2008, the Amarillo Area Foundation and a group of highly motivated women established the Women’s Philanthropy Fund to demonstrate that by combining their contributions, they could provide solutions to ongoing challenges. Since 2009, 168 women have provided contributions totaling more than $475,000 and have granted $290,000 to 31 nonprofit organizations for the benefit of women, children, and families.

“The Women’s Philanthropy Fund is unique in its use of pooled funds to empower organizations to make new programs possible and take existing programs to the next level. Grants from the fund make real and lasting differences in the lives of women and children the Texas Panhandle,” states Carolina Walden, Women’s Philanthropy Fund Advisory Board member. And there are no signs of slowing down. Women’s Philanthropy Fund members hold a firm belief that women and children play a vital role in our community and empowering them is crucial to the wellbeing of the entire population of the Texas Panhandle. When one woman succeeds or one child prospers, everyone benefits.

Grant recipients are not the only people who benefit from the Women’s Philanthropy Fund. Each year, members of the Women’s Philanthropy Fund have the opportunity to come together and make the decision of which organizations will receive grants from the money these individual women have pooled together. Through this process, friendships are forged, experience is gained, and education about the needs in our area as well as the organizations that provide help is obtained. Lizzie Mason, Women’s Philanthropy Fund Advisory Board member, says it best, “The Women’s Philanthropy membership is made up of a dynamic group of women who want to do good in the Texas Panhandle. I love being a part of this group because we learn about so many different needs involving women and children in our community, and we actually help them!”

If you would like to make a difference and improve quality of life for women and children, we invite you to join us as a member in 2017 as we expand our voice throughout the Texas Panhandle. Women 39 and under can join with a Silver Membership for $500 annually. The Gold Membership is $1000 annually, and arrangements can be made for any membership to be paid out monthly. However, your charitable membership contribution is due by July 31, 2017, to allow voting on grants at the September 14th meeting. Please contact Amy Lovell, at 806-376-4521 or amy@aaf-hf.org with any questions. For further information, please visit our website at https://www.amarilloareafoundation.org/WPF.

If you would like to join now, CLICK HERE. After DESIGNATION, select Women’s Philanthropy Fund from the drop-down menu.

To view a list of organizations who have benefited from the Women’s Philanthropy Fund in the past, please Click Here.