Tag Archives: AAF

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

CNS Pantex 2018 Grant Cycle

 

 

Amarillo Area Foundation Request for Grant Proposals

March 1, 2018

On behalf of Consolidated Nuclear Security, LLC, responsible for the management and operations of the Pantex Plant, the Amarillo Area Foundation (AAF) announces a Request for Proposals (RFP).  The Advisory Committee for the CNS Pantex Community Investment Fund, a component fund of the Amarillo Area Foundation, will entertain proposals from nonprofit and charitable institutions throughout the twenty-six northernmost counties in the Texas Panhandle (individuals and non-charitable organizations are not eligible). Grant amounts will range from $2,500 to $10,000. The application process will be competitive. Organizations who fit the eligibility requirements and whose work is in line with the priorities are encouraged to apply.  Only one application per organization will be accepted.  General operating support is a low priority.

The priorities for funding are:

  • Basic Needs (Food, Clothing, and Shelter)
  • Children, Youth, and Family
  • Community Development
  • Education
  • Health and Wellness

2017 Grant Recipient

Priority will be given to proposals from organizations located and operating in one of the twelve contiguous counties surrounding the Pantex Plant with preference given to projects that serve multiple priority counties. These counties are Armstrong, Carson, Deaf Smith, Donley, Gray, Hall, Hutchison, Moore, Oldham, Potter, Randall, and Swisher.

Applications are available online at aaf.spectrumportal.net and are due April 27, 2018 by 12:00 noon.  Please note this will be the only CNS Pantex competitive grant cycle in 2018.  See www.amarilloareafoundation.org/application-2016 for instructions on how to register in the Spectrum portal. If you have any questions, please contact grant staff at 806.376.4521 or grants@aaf-hf.org.  The anticipated timeline is below.

The Art of Tape

Our friends at the Citadelle Art Foundation in Canadian have quite an exciting event coming up for the month of October.  Tape Art has become a nationwide phenomenon in the 28 years since it first started. The Citadelle Art Foundation is proud to bring this dynamic and collaborative form of art to the Texas Panhandle for the month of October. Life-sized murals created using only low-adhesive tape will temporarily adorn The Citadelle Art Foundation.

An installation of previous work.

“We are fortunate to be able to bring this group of incredible artists to our community,” says Executive Director Wendie Cook.  “This group is extremely talented and their work has been featured on some of the most prestigious landmarks in the country. To be able to share this work with the people of the Panhandle is a once-in-a-lifetime opportunity.”

There will be exciting events though out the month that the whole family will enjoy.  In addition to the events around Canadian, the muralists will be going to Spearman, Stratford, and Perryton for some educational workshops.  

History of Tape Art

Tape Art was born in Providence, Rhode Island in the 1980’s. The movement began with a collection of nightly drawings made in tape on sidewalks and in public spaces. The drawings sprawled across the landscape depicting scenes of chariots, trains, and roller coasters all rendered in life-sized silhouettes. When these works of art were finished, they were always removed within 24 hours. It wasn’t unusual to see a silhouette come to life, only to disappear when the sun came up the next day. The projects quickly grew in popularity because they made art entertaining and accessible to everyone.

A promotional installation on the police station in Amarillo.

It wasn’t long before national press picked up on the drawings and the Tape Art movement took on a life of its own. At one point, the Tape Art Crew traveled 29,000 miles in six months creating work in 40 different states. These innovative works of art have been featured on the Brooks Museum of Art in Memphis, Tennessee, The Revolving Museum in Boston, Massachusetts, The CBGB Gallery in New York City, and the Cattle Depot Artist Village Residency in Hong Kong, China. The Tape Art Crew expanded their work to schools, festivals, and office buildings, teaching children and adults that creativity and imagination are not bound by age. What started out as a localized community-drawing project soon grew into a worldwide phenomenon that started a conversation about art, technology, social responsibility, and the value of teamwork.

Mark your calendar and attend these great events throughout the month of October.

You can find more information on the Citadelle’s website: CLICK HERE TO VISIT 

The Citadelle Art Foundation is a supporting organization of the Amarillo Area Foundation.

Amarillo Area Foundation Hires New Vice President after Retirement of Charlotte Rhodes

Charlotte Rhodes, Vice President of Resource Development and Sustainability at the Amarillo Area Foundation, has announced her retirement effective December 31, 2016.  Her tenure marked a period of unprecedented growth for the Foundation.  Trent Hill, Vice President at Texas A&M-Corpus Christi, has been hired as the Foundation’s new VP of Development.

Charlotte Rhodes, MS, ACFRE joined the Amarillo Area Foundation as Vice President of Regional Services in 2005. In her 11-year tenure at the Foundation, Charlotte cultivated an annual average of $10 million per year, and over $100 million total. She established countless programs and committees, the most notable of which being the Foundation’s External Relations Committee, which focuses on the engagement of the Foundation with local and area leaders; the Women’s Philanthropy Program, a donor-driven fund designed to meet the needs of children and women in the Texas Panhandle; a Professional Advisor Council, a group of lawyers, accountants and other professionals who provide recommendations and review the Foundation’s fundraising and legal strategies; and the Texas Convening Conferences for Postsecondary Education which gathers key educators and legislators from across the state to discuss issues faced by high school and collegiate students.

“The Amarillo Area Foundation and its many community leaders, donors and staff provided a unique opportunity for me,” said Rhodes. “The Foundation serves as a catalyst for many types of charitable gifts that will continue to sustain and build a strong future for the Texas Panhandle.”

 

Her professional career also includes positions as Vice President of the Don and Sybil Harrington Cancer Center, Senior Director of Development for Baylor College of Medicine and Senior Consultant with the Dini Partners. She frequently provides training and teaches classes in development and fundraising management. She is one of 110 individuals to achieve the designation of Advanced Certified Fundraising Executive and she served on the International Board of the Association of Fundraising Executives for 12 years. In addition, she was recognized as Outstanding Fundraising Professional by the Texas Cities of Houston and Amarillo. Her professional and volunteer work includes service on over 30 nonprofit local, state and national boards and consulting services to over 65 organizations with dollars raised exceeding $1 billion for charitable causes.

Dr. S. Trent Hill was born and raised in Amarillo.  His father was the principal at Puckett elementary for 30 years and his mother was a dean and senior administrator at WTAMU for many years.  He received a BBA in Marketing and an MS in Finance, Marketing, and Communication from WTAMU.  He served in a variety of jobs in the Panhandle after graduation including Director of Operations for Southwestern Bell Mobile Systems, Director of Economic Development for Amarillo Chamber of Commerce, and Director of Marketing and Personnel at First National Bank of Canyon.  He later moved to Denton where he received his PhD from North Texas in Higher Education Administration.

Dr. Hill is retiring from Texas A&M University-Corpus Christi, where he served for more than 20 years as Vice President for Institutional Advancement.

“As a man of faith, this position with the Amarillo Area Foundation will allow me to fulfill a long-time desire to assist non-profits who are on the front lines of meeting human needs, including education,” Hill said.

In his capacity as head of Institutional Advancement, Hill led the activities of the Marketing Department, the Communications and Public Affairs Department, the Development Office, Alumni Relations, Foundations and Scholarships, Advancement Services and Athletics. He also served as adjunct professor in the College of Business. During his tenure, from January 1997 to the present, Hill and his team raised more than $142.6 million for the University.

We wish Charlotte well in her future endeavors and look forward to Dr. Hill joining the Amarillo Area Foundation.

 

Foundations Invest Over $8.7 Million in the Health of Panhandle Communities

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Honoring its mission to improve quality of life for Texas Panhandle residents, the Amarillo Area Foundation announces annual distributions totaling $8.7 million for 2016. With more than 450 grants, the Foundation is helping to continue the important work of nonprofit organizations in the 26 counties of the Texas Panhandle. The Harrington Regional Medical Campus had its first-ever grant cycle after joining the Amarillo Area Foundation in 2015.  Because of the collaborative and meaningful work of various community stakeholders, the Foundation and its public supporting organization – the Don and Sybil Harrington Foundation – will invest:

$4.6 million into area communities through community fund, agency fund, and donor advised distributions;

$2 million in discretionary grants;

$1.2 million in scholarship distributions from the ACE and General Scholarship programs;

$676,000 in competitive grant programs including, CNS Pantex, Pattern Panhandle Wind, the Women’s Philanthropy Fund, the AAF Catalyst grant program, and the Kathy Ryan Memorial Fund;

$83,000 in grants from the Harrington Regional Medical Campus.

“The Amarillo Area Foundation and its supporting organizations are proud of what was accomplished by our staff and partners in 2016,” Clay Stribling, AAF CEO said. “We look forward to building on these accomplishments moving forward.”

In 2017, the Amarillo Area Foundation begins its 60th year and will continue supporting efforts that improve quality of life for Texas Panhandle residents. The strength and health of area communities continues to be the benchmark of success, and together with community support, this mission will be realized annually.

In honor of Charlotte’s Retirement

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Charlotte Rhodes, ACFRE

With much regret but the warmest of wishes we announced Charlotte’s decision to retire a few weeks ago. Given the breadth of the work Charlotte has done for the Foundation and the enormous void that will be present in her absence, we would like to take this time to highlight Charlotte’s greatest accomplishments as Vice President of Resource Development and Sustainability.

In her 11-year tenure at the Foundation, Charlotte cultivated an annual average of $10 million per year, and over $100 million total. She established countless programs and committees, the most notable of which being the Foundation’s External Relations Committee which focuses on the engagement of the Foundation with local and area leaders; the Women’s Philanthropy Program, a donor driven fund designed to meet the needs of children and women in the Texas Panhandle; a Professional Advisor Council, a group of lawyers, accountants and other professionals who provide recommendations and review the Foundation’s fundraising and legal strategies; and the Texas Convening Conferences for Postsecondary Education which gather key educators and legislators from across the state to discuss issues faced by high school and collegiate students across the state.

Charlotte has also lead or donated her expertise to make many programs and initiatives successful. Most notably she led the $5 million ACE Scholarship Expansion Campaign and oversaw the development of a $3.5 million grant from the Belinda and Melinda Gates Foundation to begin the No Limits No Excuses program. She also expanded the Nonprofit Service Center’s consulting program and fundraising classes and facilitated the development of the Citadelle Art Foundation and its conversion as a supporting organization of the Amarillo Area Foundation.

In addition to raising over $100 million for the Foundation, Charlotte has raised over $1 billion in her 40-year career as a fundraiser. An assortment of her most notable campaigns being the Don and Sybil Harrington Cancer Center Capital Campaign, Baylor College of Medicine $500 million Capital Campaign, National Susan G. Komen Race for the Cure, Amarillo Globe News Center for the Performing Arts, Oklahoma City Symphony Orchestra, Charles Goodnight Historical Home, Hereford Sports Plex, and most recently the Texas Panhandle War Memorial Education Center.

Charlotte is truly a big city fundraiser with West Texas roots. In 1999, Big Spring Texas High School awarded her with the Outstanding Alumni Award. She received the Outstanding Fundraising Executive Award for Houston, Texas in 2002 before she even received the Outstanding Fundraising Executive Award for Amarillo, Texas in 2005 and Amarillo Junior League Outstanding Sustaining Member. Charlotte was honored by the Amarillo Soroptimists as a “Woman Making and Difference” and by the Business and Professional Women as “Texas Women to Watch.” She currently serves as the Committee Chairman for the Texas Education Grantmakers Advocacy Coalition and was co-chairman for the 2016 Texas Women for the Arts State Meeting.

In addition to her impressive contributions to healthcare, the arts, education and public affairs Charlotte is a published writer and has served as a regional and national consultant for over 50 institutions, organizations, and corporations. We adore Charlotte and know she is equally adored by our community. Please help us in the coming months by celebrating her and thanking her for her service to our community.

We will miss you Charlotte!

Toolbox for Fundraisers

tookbox_graphic As the number of nonprofit organizations increases each year, the ability to create and nurture relationships with donors is critical.  Fundraising can be a daunting task if you are not sure where to start or how to stay on track.

For more than 20 years, local fundraising professionals have shared their expertise through a course originally titled “The Art of Fundraising”.  The course is updated each year to include current trends and information and is now known as “Toolbox for Fundraisers”.

The 2016 Toolbox for Fundraisers course will provide detailed materials and instruction from fundraising professionals with more than 88 years of combined fundraising experience:

Charlotte Rhodes, ACFRE     Patricia A. Ward, CFRE     Katharyn Wiegand, CFRE

Presented  the Amarillo Area Foundation’s Nonprofit Service Center, Toolbox for Fundraisers course topics include:

*                Essential Tools to be an Effective Fundraiser

*                Establishing a Development Office

*                Creating a Case for Support

*                Constructing a Development Plan

*                Marketing Your Organization

*                Making the Ask

*                Stewarding Donors

*                Preparing for Your CFRE Certification

Upon successful completion of the course, each participant will have developed a case for support and a development plan for the organization of his/her choice.

The course is presented in weekly sessions from 9:00 AM to noon on Wednesdays from September 7, 2016 through November 16, 2016.  Sessions are held at the Amarillo Area Foundation – 801 S. Fillmore, 7th floor.

Participants who successfully complete the 33 hour course will receive 3.30 continuing education credits (CEUs) through Amarillo College.  This course also meets the requirements for those seeking credit hours for the Certified Fund Raising Executive (CFRE) designation.

The course fee is $250 for members of the Association of Fundraising Professionals (AFP) and $295 for all others.

To reserve a spot for the fall 2016 course, contact Roxann Ball by phone (806.376.4521) or e-mail (roxann@aaf-hf.org) by September 2, 2016.toolbox_topics

HRMC Grant Cycle Now Open

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Request for Proposals

The AAF Community Health Foundation, otherwise known as the Harrington Regional Medical Campus (HRMC), is proud to announce new grant programs.

The intent of the Harrington Regional Medical Campus (HRMC) Resident Grant Program and the Harrington Regional Medical Campus (HRMC) Community Health Grant Program 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 for healthcare related projects will be accepted from organizations that hold a current tax-exempt status under Section 501(c)(3) of the Internal Revenue Code; a recognized government entity: state, county, or city agency, including law enforcement or fire departments, that are requesting funds exclusively for public purposes; a K-12 public school, community/junior college, state college or university; or a church or other 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 Campus resident nonprofit institutions and other eligible organizations located in the Medical Campus 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 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 for 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 twelve month period; however, Medical 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

The Amarillo Area Foundation will accept applications for both the HRMC Resident Grant program and the HRMC Community Health Grant Program until noon on Thursday, September 15, 2016.  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 and make funding decisions.

For information on how to apply go here: http://www.amarilloareafoundation.org/hrmc-grant-programs

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