Tag Archives: Texas Panhandle

Granting Success: Amarillo College

Below is a reposted blog from our friends at Amarillo College. When a grant is approved by our governing board, it becomes a partnership with the organization who receives the grant. Organizations do incredible work in the Texas Panhandle, and below is what can happen when it all comes together.

Amarillo College was looking to expand its East Campus programs and looked to the Amarillo Area Foundation to help become a nationally accredited program.

AC’s Automotive Technology program achieves national accreditation

By Joe Wyatt

Amarillo College is pleased to announce that its Automotive Technology program has achieved accreditation by the National Institute for Automotive Service Excellence (ASE) in the category of Automobile Service Technology.

pictured are, from left, Isaac Bernal, interim program coordinator, Brian Jacob, retiring program director, and Rebecca Archer, executive secretary for the AC program.

To receive ASE accreditation, the College had to demonstrate that it meets all the rigorous standards set forth by the National Automotive Technicians Education Foundation.

Additionally, AC underwent an on-site evaluation last fall that more than satisfied an independent committee, which closely examined the program’s course syllabi, sequence of instruction, and program training facilities, materials and faculty.

Students who study automotive technology at AC are now entitled to sit for computer-based ASE certification exams that align with industry standards and demonstrate to potential employers the level of expertise they have achieved.

“This is really exciting. Our students deserve this,” Isaac Bernal, AC’s interim program coordinator, said. “ASE accreditation gives our students the opportunity to achieve certifications that show employers how knowledgeable and dedicated to the field they are.

“We hold ourselves to a very high standard, so it makes sense that we would pursue a level of accreditation that similarly benefits our students, our industry partners and, ultimately, our entire automobile-driving community.”

Bernal and Brian Jacob, the longtime program coordinator who will retire this month, spearheaded the accreditation effort, with administrative support from Michael Kitten, dean of technical education, and David Hall, associate dean of technical education.

The entire process took about a year and a half, they said, and the new accreditation runs through 2023.

The National Institute for Automotive Service Excellence was established in 1972 as a nonprofit organization to help improve the quality of automotive service and repair through the voluntary testing and certification of automotive technicians and parts specialists.

Today, there are approximately a quarter of a million ASE certified professionals at work in dealerships, independent shops, collision repair shops, auto parts stores, fleets, schools and colleges throughout the country.

Here’s the link to the original post: CLICK HERE

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

Application Deadline for Amarillo Area Foundation’s Scholarship Program is Feb. 10th at Noon

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For Immediate Release
Contact:  Broc Carter, 806.350.4508; broc@aaf-hf.org

Each year the Amarillo Area Foundation provides scholarships for post-secondary education to students across the 26 counties of the Texas Panhandle.  This year’s deadline to submit a scholarship application is February 10th at noon. Graduating high school seniors and current college students are welcome to apply for scholarships to attend accredited institutions of higher education for the 2017-18 school year.

HOW TO APPLY 

Visit the Foundation’s website: org

Click on the “Scholarship Map” tab on the right-hand side of the homepage and then click on the “Apply Now”

Create a username and password to begin the application process.

In 2016, the Amarillo Area Foundation awarded nearly $500,000 in scholarships to area students. Eligibility for scholarship funds is based on a student’s county of residence, college or university, and/or anticipated field of study. While many of the scholarship funds available are for graduating high school seniors, currently enrolled college students are eligible to apply for a select number of scholarships.

To learn more about scholarship criteria for a specific county, visit the Foundation’s website and click on the “Scholarship Map” tab on the right side of the page.

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SCHOLARSHIP PROGRAM 

The Amarillo Area Foundation’s Scholarship Program was established in 1980. Since then, scholarships totaling nearly $5 million have been awarded to students from the Texas Panhandle.

THE AMARILLO AREA FOUNDATION 

Founded in 1957, the Amarillo Area Foundation and its supporting organization, The Don and Sybil Harrington Foundation, distributed more than $8.7 million in 2016 to benefit residents of the Texas Panhandle.

Amarillo Area Foundation Request for Grant Proposals

CNS_Blog_headerFor Immediate Release: June 21, 2016

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. The priorities for funding are:

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

Priority will be given to proposals from organizations located and operating in twelve contiguous counties surrounding the Pantex Plant. These counties include Deaf Smith, Oldham, Moore, Hutchison, Gray, Donley, Hall, Armstrong, Swisher, Randall, Potter, and Carson.

Applications are available online at aaf.spectrumportal.net and are due August 15, 2016 by 12:00 noon. See www.amarilloareafoundation.org/application-2016 for instructions on how to register in the Spectrum portal. If you have any questions about eligibility or the grant process, please contact Kathie Grant, Grants Administrator, at 806.376.4521 or kathie@aaf-hf.org. If you have any questions about priorities, please contact Jessica Tudyk, Grants Manager, at 806.376.4521 or jessica@aaf-hf.org. Anticipated timeline is below.

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The Amarillo Area Foundation is a community foundation that serves the northernmost 26 counties of the Texas Panhandle. The Foundation’s mission 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.