Tag Archives: donors

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.

The Executive Director Leader Circle a Service of the Amarillo Area Foundation Nonprofit Service Center

Working in the world of nonprofit often means that Executive Directors are pulled in different directions and need to utilize many skills and talents. They are required to accomplish great things with limited funding and personnel.  Additionally, many nonprofit Executive Directors work in environments that are often isolated and stressful, straddling the space between staff, board members, donors, and the constituents they serve.  They need a support group that can provide honest assessments and ideas regarding challenges, opportunities, and frustrations.  They also need a group that can speak to unique topics of current interest that require special expertise that may be expensive and difficult to find.  In support of its goal to equip nonprofits for success through consulting, education, networking, and resources, the Amarillo Area Foundation Nonprofit Service Center provides this service to Executive Directors of nonprofit organizations.

In 2006, the Nonprofit Service Center launched a series of Leader Circles designed to benefit nonprofit professionals in the Panhandle. The Executive Director Leader Circle provides a confidential environment where nonprofit leaders can freely learn and interact with their peers.

Circle members meet mont

hly to discuss management and communications issues, board relations, fundraising, marketing, and other topics. Each meeting offers a roundtable discussion or a featured guest speaker. A vast variety of community leaders, professionals such as attorneys and accountants, business and nonprofit consultants, and business leaders and owners have shared their considerable knowledge with the circle. Annually, local attendees of the Association of Fundraising Professionals international conference are invited to address the group to share highlights from their favorite session, key takeaways, and identified trends. An experienced facilitator helps participants use the Leader Circle to identify and meet their specific needs. Participation is encouraged and each meeting is open to everything from sharing best practices to asking specific advice.

Networking time is provided before and after each meeting allowing the members to make contacts, form collaborations, and exc

hange ideas. Additionally, every month a different member is asked to provide a brief profile of their agency and the important work that they do.

The Amarillo Area Foundation Nonprofit Service Center’s goal is to provide an interactive topical experience for participants, address the hot-button issues they are facing, and collectively take advantage of and share their knowledge and experience. In a recent survey, 100% of Executive Director Leader Circle participants indicated that each month they learn something that helps them in their work at their organization.

Below are testimonials from ED Leader Circle members:

“The Executive Director Leaders Circle is a very useful tool for nonprofit executives. Boards should be aware of the value of the meetings and strongly persuade EDs to attend. The Amarillo Area Foundation does a great job in offering this resource to the community.”

“I am so happy to be involved in the group. Being the only staff person, it’s easy to feel isolated, but when I can come and network and learn with other directors I realize I have a larger support system.”

“I have been an executive director for 19 years and still learn so much during the Leader Circles from my peers. It is wonderful to find out that big or small, all of our organizations have some of the same problems.  It also brings me up to date on many of the issues facing nonprofit organizations today.”

“The Leader Circle is a meeting I look forward to attending each time. We are able to determine topics as a group that address current needs and issues. In addition to the excellent information presented, we are also able to share best practices, ideas, and peer-to-peer support.”

“It’s a lot like a unique club that meets once a month. I find it really supportive to meet other people who have similar problems and experiences and see how they handle these issues.  It also helps to understand how their boards deal with different situations.  Fundraising is always a topic and it’s great to hear how my colleagues are doing in raising funds to support their missions.”

If you feel joining the circle would positively enhance your role as a nonprofit leader or for more information please contact Roxann Ball at 806.376.4521 or roxann@aaf-hf.org,

Or you can register HERE

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.

Toolbox for Fundraisers Class Recognized as an Asset by Local Nonprofits and Foundations

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For more than 20 years the Foundation has provided a platform for local fundraising professionals to share their expertise through a course originally titled “The Art of Fundraising”.  This year our 2016 “Toolbox for Fundraiser’s” cohort consists of 26 students from nonprofits across the Panhandle, six of which are sponsored to attend the 11-week course because of its dynamism and quality.

The Association of Fundraising Professionals Texas Plains Chapter sponsored two students representing Habit for Humanity and Word at Work. Teresa Hillman, current AFP President believes sponsoring professionals to take the class “is a natural fit” for AFP’s mission.  “Most of us in the nonprofit world understand that a fee for a class of this caliber is not always in our budget, especially if it is a small organization.  To help alleviate that cost, AFP is glad to help with scholarships. The Toolbox for Fundraisers class provides top quality fundraising advice and an upholds standards we adhere to as a profession,” says Hillman.

The Mary E. Bivins Foundation also sponsored Toolbox training for staff members from the Wesley Community Center as a component of a capacity building grant. Susan Severn, the Grants and Scholarships Program Officer at the Bivins Foundation says, “There are several ways to help a nonprofit move forward and make long-term sustainability plans. Whether that be board and staff training, or identifying and diversifying new sources of fundraising.” She states the reason they specifically provided funding for the Wesley Community Center is so that they can think creatively about how to cover the costs for their senior citizens’ program expenses. “The Wesley actually has quite a solid revenue model,” says Severn, “the challenge is that the population the Wesley serves through their senior program is often limited in terms of financial resources which makes covering those program costs more difficult.”

Students in this year’s Toolbox class are the recipients of over 88 years of combined fundraising knowledge from veteran fundraisers Charlotte Rhodes, Patricia A. Ward, and Katharyn Wiegand. Topics covered 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; and preparing for the CFRE certification.

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

Fundraising can be a daunting task if you are not sure where to start or how to stay on track, especially as the number of nonprofit organizations competing for funding increases each year. Let us help put you on the track.

Contact Roxann Ball by phone at 806-376-4521 or by email at roxann@aaf-hf.org to ask about enrollment for next year’s course.

Bryan Clontz on Creative Charitable Planning

2016_newsletter_q3_creativeImagine being able to increase the size of the gifts from your donors each year. Yet, the net cost of their donations were 40-60% less than what they were giving to you. Essentially, your programs and operations are secure from increased donations and your donors keep more money in their pockets. Sound too good to be true?

It’s actually not, and surprisingly the ability to maximize charitable gifts in such a monumental way is a tactic of the past. Non-cash assets have been incentivized by the government since 1969 but very few people understand what they are or how they work.

To better explain the concept for the benefit of Amarillo Area nonprofits and all the constituents they organizations serve, the Amarillo Area Foundation and the Amarillo Area Estate Planning Council teamed up to bring in charitable expert Bryan Clontz to help decode this mystery.

Clontz, President of Charitable Solutions, LLC spent the morning with nonprofit professionals. He taught them what non-cash assets were and how to ask for and incorporate non-cash assets (ideally appreciated stock) into their planned giving models. Clontz then opened the afternoon with a session for financial planners, CPAs, and attorneys. By informing the people who advise large donors in our area, we are increasing awareness related to the benefits associated with giving non-cash assets which maximize contributions to our area and the impact those contributions have.

Clontz closed the day with a special presentation to the AAF Board of Directors teaching members their role as key stakeholders and empowering them to act as extensions of the Foundation when asking for non-cash assets and even consider giving non-cash assets of their own.

Thanks to Clontz we all have plenty of information to take back to our organizations and communities. Now working together more informed and smarter, empowered to even further improve quality for Texas Panhandle residents.

Bryan Clontz speaking to nonprofit professionals on October 6, 2016.

Bryan Clontz speaking to nonprofit professionals at the Foundation on October 6, 2016.

If you missed the event and are interested in learning more about what Bryan had to say, check out this brief video posted by our friends at the Gulf Coast Community Foundation:

To further your knowledge on the realm of non-cash donations you can also check out Bryan’s website: http://charitablesolutionsllc.com/

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

Dugger Legacy Continues Through Scholarship Fund

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AMARILLO, TX – The Amarillo Area Foundation is the benefactor of a major gift from Bus and Freda Dugger in the amount of $1 million. The gift, finalized after Bus Dugger’s passing in April of this year, will establish an endowed scholarship fund for juniors and seniors attending West Texas A&M University. It is the largest principal scholarship gift designated specifically for high school students from the Texas Panhandle the Foundation has ever received.

Born, raised, and originally educated in Oklahoma, Dugger’s career in sales brought him to Amarillo where he met Cal Farley. Dugger and Farley formed Kids Inc., Amarillo’s youth sports organization, in 1945.  While garnering support for Kids Inc. from Glenwood Elementary’s PTA, Bus met his wife, Freda – an Amarillo native and music teacher. They married in March of the same year.

The Dugger’s were strongly connected to our local Panhandle postsecondary institutions. Freda began her education at Amarillo Junior College and finished with a Master’s in Education from West Texas State University. Bus completed his Bachelor’s and Masters at West Texas A&M University in 1955 and 1956, respectively.

Both Freda and Bus were educators themselves. Freda taught in Enid and Shallowater as well Humphrey’s Highland and Forest Hill once she and Bus returned to Amarillo. Bus was the Supervisor of Adult Education at Amarillo College from 1961-1966 until Cal Farley convinced Bus to take a position at Boy’s Ranch. Bus stayed at Boys Ranch until his retirement in 1982.

Bus was inducted as the 137th member to the Texas Panhandle Sports Hall of Fame for his work with Kids Inc. and his role as a basketball and football official for high school, college, and the NIBL for 33 years.

Kids Inc. President & CEO Jimmy Lackey, a close friend of the Duggers, had this to say about the intent behind their gift to AAF: “Mr. and Mrs. Dugger were unable to have children of their own. This scholarship endowment is their way of extending their genuine care for young people that will provide educational opportunities for students from the Texas Panhandle from now on. What a gift.”

College juniors and seniors with a 3.0 GPA attending or planning to attend West Texas A&M University who completed high school in the 26 northernmost counties of the Texas Panhandle are eligible to apply for the $2,000 annual scholarship. The scholarship is renewable for two consecutive semesters for college juniors.

To apply for the Dugger Scholarship please visit www.amarilloareafoundation.org/scholarships. Our general scholarship application for the 2017-2018 academic year will open on November 1, 2016 and close on February 10, 2017 at 12:00pm.

To donate to the CC “Bus” and Freda Dugger Endowed Scholarship Fund please contact Kasey Long, Director of Development, by email kasey@aaf-hf.org or phone 806-476-4521.

The Amarillo Area Foundation Awards over $1 Million to Area Nonprofits

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Wednesday, May 25, 2016

AMARILLO – The Board of Directors of the Amarillo Area Foundation, and its supporting organization The Don and Sybil Harrington Foundation, have awarded $1,025,144 in grants with their general grantmaking funds.

The Amarillo Area Foundation has also awarded an additional $325, 446 this year through funds established by local industry employers such as CNS Pantex, and Pattern Panhandle Wind Energy. The Kathy Ryan family also awarded $30,000 to local firefighters to honor the anniversary of their mother’s passing.

Fourteen Amarillo area nonprofit organizations were approved for funding with discretionary grantmaking dollars. 57% of the projects supported in this grant cycle were capital projects. Among the capital projects supported is a $500,000 grant to Heal the City for renovations at the former Midtown Branch YMCA to create a usable room for wellness activities. The other 43% of projects supported were program based.

President and CEO, Clay Stribling said, “Our first discretionary grant cycle really emphasizes our commitment to various aspects of community health. Not only do we want to improve the physical health for our constituents, we also want to support healthy communities with healthy economies and nonprofit organizations.”

“Applications were accepted from nonprofit organizations from across the Panhandle. Proposals were then reviewed by Area Foundation staff and presented to the board for consideration,” said Katharyn Wiegand, Vice President of Community Engagement.

Visit amarilloareafoundation.org/grants for more information on upcoming grant cycles. For questions about eligibility or the grant process contact Kathie Grant, Grants Administrator at kathie@aaf-hf.org. For questions regarding Foundation priorities and focus areas, contact Jessica Tudyk, Grants Manager at jessica@aaf-hf.org . Both can also be reached at 806-376-4521.

The full list of recipients is available here.

 

About the Amarillo Area Foundation

The Amarillo Area Foundation is a community foundation that serves the northernmost 26 counties of the Texas Panhandle. The mission of the Foundation is to improve the quality of life in the Texas Panhandle. Since its inception in 1957, the Foundation has provided grants and a variety of other services to strengthen nonprofit organizations and the services they deliver.