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PBACF Spring 2008 Newsletter

Pine Bluff Area Community Foundation
Donald W. Reynolds Community Services Center
211 West 3rd Avenue, Suite 105
Pine Bluff, AR 71601

Phone:  (870) 850-7934
Email: pbacf@pbreynoldscenter.org


Chris Castoro, Executive Director

The Pine Bluff Area Community Foundation, serving Pine Bluff and the surrounding cities of Jefferson County, is an excellent vehicle for the long-term management of philanthropic funds. Our assets, over $ 4.4 million, are invested in a statewide Arkansas Community Foundation investment pool of over $120 million, with professional fund management. The income from funds is used to benefit the charitable organizations of donor's choice.

Anyone can establish an endowment with us, that will carry their name or the name of a loved one, will exist forever, and will generate income which may be granted each year to the charitable cause or organization that the donor wishes to support.  Scholarship endowments may also be established to support students who wish to continue their education. Contributions may be made to any existing fund, at any time, in any amount. All donations are tax-deductible.  Call our Executive Director for more information.



Board members:

Betty Abbott Al Lowery
Diane Ayres Marc Oudin
Mary Benjamin, PhD Bettie Mildred Pierce
Julie Bridgforth Mary Pringos
David Brown Hon. Carl A. Redus, Jr.
Charleen Copeland -Chair Kelly Stone
Norma Gordon George Talbot
F. Daniel Harrelson Diane Tatum
Catherine Lewis Vickey Warriner
Others:
Mattie Collins - Adult Advisor, YAC Chris Castoro- Executive Director


Our diverse and dedicated Board members and staff are working to make Pine Bluff a better place to live!

The Youth Advisory Group (YAC) is a permanent committee of the Pine Bluff Area affiliate.  Young people learn about their community, about philanthropy, and have fun in the process!



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A Message From Our Chairperson

What wonderful people there are in Jefferson County!  Through everyone’s efforts over the past twenty years, the Pine Bluff Area Community Foundation has grown into an organization with the desire and the capability to help make a difference for the various organizations and citizens of Pine Bluff and Jefferson County.  Through the generosity of the people who care about this county, PBACF endowment assets have grown to over $4,000,000, and these assets make it possible to give back to the community/county approximately $175,000 a year in grants and scholarships.  Now that can make a difference!  With continued support from the citizens and friends of Jefferson County through both large and small gifts to the various funds that have been set up or will be set up in the future, the funds available for grant making and scholarships can grow to $200,000 or $250,000 or $500,000 – the sky is the limit!  Have you thought about being a part of this?  The eighteen member board and executive director of the PBACF are available to help in any way possible.

As my term of office as chairman of the Board of Directors draws to an end, I would like to express my sincere gratitude for having been given the opportunity to serve in this capacity.  How amazing it has been to watch the generosity of so many people help so many more.  I couldn’t have asked for a better board or executive director with whom to work. Yeah for each of you!!  Thank you for making this experience such a memorable one.

Charleen Copeland, Chair of the PBACF Board


Grants and Scholarships: $140,000!

Pine Bluff Area Community Foundation grants are derived from a number of different kinds of funds: discretionary endowments , endowments that benefit a particular agency, donor- advised endowments, field of interest endowments, and scholarships. In addition, in the Pine Bluff Area, we have one fund established by an anonymous resident, (the Bridge Fund) which is directed by a committee of the ARCF board (our parent organization). From July '06 through June '07, the grants from all these sources totaled over $140,000! The chart below shows the distribution, which can vary significantly year-to-year.

(Excludes operating funds and internal transfers):



Now that we know that grants originate in a number of different types of endowments, it’s fair to ask: what kinds of agencies and causes receive these funds?

The Pine Bluff Area Community Foundation (PBACF) categorizes the grant recipients into the following: Animal Welfare and Environment; Arts & Humanities; Community Development; Education; Health and Human Services (including youth-specific projects); and Religion.

From July 2006 through June of 2007, the PBACF distributed over $140,000 in grants, in the following manner:



Click on the link titled "Grants and News" to read about applying for a grant.



Click here to learn about Grants and News of the Pine Bluff Area Community Foundation.

Click here to learn about Funds of the Pine Bluff Area Community Foundation.

1400 West Markham, Suite 206, Little Rock, AR 72201
ph: 501-372-1116 arcf@arcf.org