Look for it soon in your mailbox or read it online – the 2018 Arkansas Community Foundation Annual Report tells the story of how the people of our state are giving smart, together. It’s got all the numbers on the Foundation’s progress during the fiscal year July 2017 to June 2018, when $42 million in Foundation grants helped improve our communities.

Read about how a grant to the Center for Arts and Education in Van Buren helps fund a summer arts camp for students from nine communities. This gift exemplifies the spirit of cooperation that led the Fort Smith Area Foundation to expand its territory to Crawford County and become Western Arkansas Community Foundation.

Find out how Foundation grants throughout our state are working with the Grade Level Reading Initiative to reach the goal of each student in the state reading to grade level by third grade. See how a $5,000 grant from the Columbia County Community Foundation is combatting the “summer slide” with a book-mobile that delivers summer reading programs to Magnolia students.

Meet Little Rock attorney Shaneen Sloan who uses Arkansas Community Foundation giving tools to help her clients give smart. She works with charitable-minded people who want to make a positive impact in their communities long after they are gone.  

Discover how Conway County Community Foundation support for School Counts! helps tie personal opportunity to community growth. This workforce development partnership between Morrilton’s business community, the county’s K-12 schools and the University of Arkansas at Morrilton Foundation allows high school students acquire the technical skills they need to succeed.

Learn how three generations of one family have changed the landscape of nonprofits in their community. From a $104,000 donor advised fund created 30 years ago, Hembree family members have made almost $2.2 million in grants to nonprofits in Fort Smith and Northwest Arkansas.

A message from CEO Heather Larkin explains that the Community Foundation has learned over the years is that better information leads to better problem solving. In 2018, the Community Foundation launched the new edition of Aspire Arkansas, an online, county-by-county indicators report about the quality of life in our state. It’s one of the most important tools the Foundation can provide to Arkansans. 

The 2018 Annual Report can help you find out for yourself how smart giving, together, is helping transform our state.

After a glorious autumn in the Natural State, there’s no denying that the gift-giving season is now upon us. While some of us relish in carefully selecting the perfect gift for each person on our list, others consider the task of holiday shopping as one more to-do to mark off our list before truly enjoying everything this special season has to offer. 

Whether you’re in the first category or the second, chances are you’ve got someone on your list who is practically impossible to buy presents for.  For those folks who have everything, we’ve got the PERFECT gift idea! 

Give a gift to charity in honor of a loved one this season! 

You can make an honorarium gift any time of the year, but the holidays seem especially appropriate. Including someone else in the act of charitable giving is a gift you can both feel good about!  There’s no need to worry about choosing the right color or size…a gift to charity is always in style. Here are three easy steps to get started!

• Make it meaningful.  Think about your loved one’s interests and the community they love when choosing the charity to support.  Are they an animal-lover? A patron of the arts? An avid outdoorsman?  An active volunteer? Consider a gift to a charity that aligns with their passions. And if they have varied interests, consider giving to their community’s Giving Tree Endowment that supports many different causes for the long-term.  
• Make it personal. When you make your gift to charity, note “in honor of ______” and be sure to include your their mailing address. The Community Foundation will notify them of the contribution. (Generally, nonprofits will notify the honoree that a gift has been made, but rest assured – they will not disclose the amount.)  Of course, you too can notify the recipient that you’ve made a contribution in their honor – in a greeting card or through other means. Be creative! 
• Make it a tradition. Giving to charity is a great alternative to consumerism, an opportunity to teach children to think of others and a way to truly celebrate the season. We know many families who have discovered that supporting charitable causes has become their favorite holiday tradition. Consider creating a Donor Advised Fund with Arkansas Community Foundation and allow us to help your family create a legacy of giving.

Our staff at the Community Foundation would be happy to help you give the PERFECT GIFT this season! Contact us at 501-372-1116 or arcf@arcf.org.

Arkansas Community Foundation is ready to assist you as you begin to make year-end giving plans. So that we can provide the best possible service and ensure your charitable gifts qualify for a charitable income tax deduction in the 2018 tax year, please keep these important dates in mind:

• Checks sent via the U.S. Postal Service to the Community Foundation or any affiliate office must be postmarked by December 31, 2018.
• Gifts sent via other means must be physically received at the Community Foundation or any affiliate office on or before December 31, 2018.
• Gifts of stock, IRA or complex assets take more pre-planning, so please contact us in early December to ensure they can be attributed to this calendar year.
• If you would like to give to a nonprofit from your fund before the end of the year, grant recommendations must be received by Friday, December 21. Checks will be mailed Friday, December 28.
• Credit card gifts made by phone or online may be made until December 31, 2018.
• Call 501-372-1116 to contact any of our staff for assistance.

Year-end grant recommendations:

Donor-advised fundholders may wish to recommend grants to support nonprofits’ year-end campaigns or provide holiday contributions. So that these nonprofit recipients receive grant checks by the end of the year, recommendations should be made by Noon on Friday, December 14. Donor advised grant recommendations should be made online through our secure donor portal.

Please also note, the timing of donor advised grants has no effect on your 2018 charitable income tax donations since your charitable contribution was made when you contributed it to your donor advised fund.

Year-end office hours:

Arkansas Community Foundation is ready to help you support the causes you care about at year-end with our staff available to provide answers and process transactions until the last day of the year. Our offices will be closed on Monday, December 24 and Tuesday, December 25 but will be open for business as usual Wednesday, December 26 through Monday, December 31 from 8:30 a.m. to 5:00 p.m.

Alden Napier brings more than just a positive attitude and strong leadership to his role as executive director for Credit Counseling of Arkansas. He can personally testify to the surprises that life can bring and the importance of smart financial planning.

When Napier was young, his family lost three businesses in the span of a year, leaving them to rely heavily on others in their community. This taught Alden and his siblings about the importance of access to financial services within a community, especially when families are facing uncertainty.

Today, Napier leads a nonprofit agency founded on education and leadership that helps people conquer their debt and create smart financial habits for their future. Through the services provided by expert staff members and a large network of volunteers, CCOA connects people to mainstream financial services so they can experience stability and financial freedom — at a very low cost.

“A community will be in a better position to thrive when they have help repaying their debts,” said Napier. “That’s what we’re here to do — get people out of debt.”

CCOA’s product is debt consolidation and they work with creditors to recover delinquent accounts. In turn, creditors pay them 4 cents on the dollar for every dollar recovered — allowing them to further their mission and provide more services.

“Our priority is education,” said Napier. “We’ve given away nearly 2,000 free appointments last fiscal year because we’re here for community members — we want them to succeed.”

While the industry average is 25 minutes, CCOA schedules appointments by the hour. “A lot of people have a hard time discussing their financial decisions. Everyone who walks through our doors is treated with compassion and paired with a staff person who is ready to listen and provide the necessary steps to move forward,” said Napier.

Not only does CCOA deploy compassion through their staff, they have a network of professional volunteers who are trained and ready for action when any opportunity arises. Volunteers serving as educators are part of the “Community Action Board,” a group that is ready to respond when nonprofits and other community groups need financial training for those they serve.

“When a nonprofit approaches CCOA to deliver a training or speak to their clients, we call on a member from the Community Action Board to present,” said Napier. “Oftentimes they’re a banker or a retired attorney and they’re the ones delivering those meaningful messages of financial freedom.”

Napier went on to stress the importance of having bankers on the volunteer board because they’re able to deliver the message of “let me teach you the basics,” decreasing the stigma about banks and changing attitudes about the services they’re providing to communities.

Nonprofits like NWACC, Havenwood, Peace at Home and Returning Home are some of the organizations CCOA has partnered with to provide these trainings and services. Approaching its 21st anniversary, the CCOA team is like a family, reminding Napier of his own experiences at such a young age. 

“My family was surrounded by such a compassionate, capable community when we faced hard times,” said Napier. “I was the beneficiary of very generous and highly-skilled people and that’s something that CCOA is working hard to provide to Arkansans.”

You can learn more about CCOA and the services they provide at a very low cost by visiting CCOACares.com.

Arkansas Community Foundation works locally through a network of 28 affiliate offices around the state. Each affiliate has a staff person and local advisory board comprised of passionate community leaders who understand the special needs of each town and city. Read more about Mattie Collins, a local board member of our affiliate in the Pine Bluff area.

Mattie Collins was born and raised in Pine Bluff to parents who understood the value of education and giving back to the community. As an educator, Mattie taught students for 39 years before she retired. Now she continues to work with students through her service to the local Youth Advisory Council (YAC) to teach students about the importance of giving back to improve the lives of youth and families in their local community. After 9 years of working with YAC, she officially joined the board of directors in 2010. 

We asked Mattie a few questions about her service with the Community Foundation and some of her favorite things about Arkansas. Keep reading to meet Mattie! 

What’s your favorite Arkansas past-time? 

“My favorite thing to do in Pine Bluff is to work with our youth encouraging them to finish high school with a high GPA and a having good ACT score so that they can go on to further their education by completing degrees at a four-year college, two-year junior college or join the military. I totally agree with the quote by Nelson Mandela, ‘Education is the most powerful weapon which you can use to change the world.'”

How were you introduced to the Community Foundation? 

“I first learned about the Community Foundation in the early 2000’s. Chris Castoro who was Executive Director at that time invited me to work with the Youth Advisory Council of the Pine Bluff Area Community Foundation. The kids were great!! He encouraged me to join the Pine Bluff Area Board in 2010.”

What do you find most special about the local community? 

“First of all, I love Pine Buff! I love that the Pine Bluff Community always gives back, even when times are tough. I serve on numerous boards within my community and have volunteered with a number of different organizations since high school. I am always impressed and pleased with the love and kindness shown towards the success of our youth.

Through our new Go Forward Pine Bluff initiative, we are making great strides in the areas of education, economics (reviving downtown), improving health, entertainment, more restaurants etc.”

What’s something memorable that your local board/affiliate accomplished during your service?

“I am grateful for the way we make grants to non-profits in the community to ensure the success and positive outcomes through Giving Tree Grants; JRMC Community Gift Grants; Scholarships (offered to high school seniors and college students) and more. I serve on the scholarship committee and have had the honor of presenting scholarships to outstanding students at each high school in Jefferson County during their Honors and Awards Assembly.”

Why would you suggest that people support their local Community Foundation?

“I think of three reasons why people should support our Community Foundation. First, we are supporting our number one asset through scholarships, giving tree grants and other grants that support health and education in the community: our kids. Second, we’re providing important training for YACers to become organizers, community leaders and young philanthropists. Last, our YAC and local office PBACF work hand in hand with area nonprofits to provide support. For example, in 2017 the Pine Bluff Area Community Foundation awarded more than $53,000 in grants to nonprofits in our community. In addition, the YAC awarded $2,000.00 in grants to non-profits that benefit youth. Our kids are great!!”

Learn more about Pine Bluff Area Community Foundation.

Carmen Morfin Villa had long wanted to be a homeowner by the time she had reason to be in a bank lobby last spring. 

“I wanted a home for me and for my kids,” says Villa, of El Dorado, mother of 13-year-old Alex and 2-year-old Ximena. Villa had an account at another bank in town. She had inquired at that bank, and at a few others, about whether she could qualify for a loan to buy a home. 

“The answer was always no because I didn’t have enough money or I didn’t have the credit,” she says. “They told me at one that if I’ve got $15,000 to get a house down payment maybe we can get something worked out but I was like, I don’t have that much money. I was like, ‘How am I going to build some credit if they don’t give me a chance to have some credit?’”

She went to Southern Bancorp to make a payment on some bedroom furniture she had bought from a local store and was greeted by Maggie Goff, a bilingual teller.

“I told her our bank is really good about helping low income people get on their feet,” says Goff, who told Villa about the bank’s Credit Builder CD.

The Credit Builder CD is a $1,000 loan Villa paid off monthly, and then she received the value of the CD, plus interest and wasleft with an improved credit rating to boot.

They had an apartment but Villa hated throwing her money into rent. She wanted to invest in her own home and start building assets for her family. Alex, too, wanted a home.“I wanted a house for me and my mom and my sister so we could each have our rooms and we could stay in our house, not like the poor people who are staying outside,” says Alex. “We started to save money to buy our own house.”

Villa was diligent about paying off her Credit Builder CD and when that was done, Goff helped her fill out a mortgage application. “Sometimes when you give people a stack of paper that kind of brings them down, but when you’re there helping them step-by-step it builds them up,” says Goff.

The process moved quickly after that. Villa found a home in her price range, but when it came time to make the down payment on their home, a miscalculation meant she were slightly short of cash. “Alex ended up giving me his money because he knows that was for a dream that we had,” she says.

“He gave me his money and we finished up making the down payment with quarters and dimes and all that. We took a big bag of coins so Ms. Maggie could make the little rolls so we could make the down payment.” Alex, then 11, says he didn’t have to think about handing over about $200 he had saved from birthdays and other special occasions. “It was for our house,” he says simply.

Goff says Southern Bancorp has just introduced a program for new homeowners, allowing them to open savings accounts that the bank will match up to $1,000, to be used for home repairs. “That kind of encourages them to build up a savings account,” she says. Southern Bancorp also offers credit counseling, financial education, free tax preparation and home buyer counseling, among other services, to help people manage or improve their financial situations.

The Central Arkansas Development Council (CADC) in Benton offers similar services, which are required for some people who qualify for the Single Parent Scholarship Fund or for federal grant-funded programs, like the Low-Income Home Energy Assistance Program (LIHEAP). Assurance 16, one provision of LIHEAP, provides energy cost assistance to low-income people who participate in workshops on energy efficiency as well as on financial education through a year-long case management process.

“It’s not just about the money,” says Tim Riley, chief operating officer of community programs and development at ARVAC, Inc., Community Action Partnership in Dardanelle, which serves nine counties. “While it does focus on energy education we also talk about the importance of making sure you pay your bills on time and different things like that.”

Gary Elrod, Conservative Service Block Grant Program Participation Specialist at the CADC, says clients who go through the Assurance 16 program learn to make a household budget or spending plan and are coached in how to determine the difference between things they need and things they want.

“They keep a daily spending diary for a month and then at the end they sit down and look through that,” he says. “We have found out that little part has really made people realize what they spend during a month’s time.”

The goal is to help people learn to build their savings. “It’s to try to help them pay the bill as well as guidance on how to make a decision about it,” Elrod says. “Some take it seriously, some just say,

‘Well, I just got my bills paid.’ But if we get one, that’s something.”

If you’d like to receive our quarterly Engage Magazine, contact us at arcf@arcf.org.

Hurricane Florence has left more than 500,000 homes without power and at least 17 people have died in storm-related incidents according to CBS News.

After a disaster occurs, whether it’s caused by natural elements or human actions, you may find yourself looking for specific ways to help those affected. But with so many options, where can you give to make sure your donation is the most helpful? 

Community foundations are a wise choice for aiding in disaster because they know the communities most affected, have a clear process for vetting and deploying donations and are invested in the long-term recovery of a community.

While community foundations can make immediate grants from disaster funds to help with relief efforts, they can also use funding months and years later – working with local government, nonprofits and other organizations – to rebuild the community for the long-term.

Several community foundations in areas affected by Hurricane Florence have activated disaster recovery funds to help those affected in surrounding communities:

South Carolina: Central Carolina Community Foundation One SC Fund

North Carolina: North Carolina Community Foundation Disaster Relief Fund & Foundation for the Carolinas Hurricane Florence Response Fund

Florida: Community Foundation of Collier County Hurricane Florence Relief Fund

Fund-holders at Arkansas Community Foundation are able to grant from their funds to aid in relief efforts. If you’re interested in doing so, contact our Development team at 501-372-1116. For more information about disaster philanthropy and efforts to aid those affected by Hurricane Florence, visit the Center for Disaster Philanthropy.   

For 10 additional reasons why Community Foundations are a smart option for disaster giving, check out this article by Forbes:  10 Ways Community Foundations Are A Best-Bet For Disaster Giving.

Arkansas Community Foundation works locally through a network of 28 affiliate offices around the state. Each affiliate has a staff person and local advisory board comprised of passionate community leaders who understand the special needs of each town and city. Read more about Molly Carpenter, board chair of our affiliate in Sharp County.

Molly Carpenter was born and raised in Ash Flat, a small town in North Central Arkansas and serves on the Sharp County Community Foundation’s Board of Directors as board chair. After spending a few years in Jonesboro attending Arkansas State, she returned to Sharp County where she began her career at FNBC as a fourth-generation community banker. She joined the board in 2014 and began her first terms as board chair in July 2016.

We asked Molly a few questions about her service with the Community Foundation and some of her favorite things about Arkansas. Keep reading to meet Molly!

What’s your favorite Arkansas past-time?

“Arkansas has so much to offer! In the summer, I love to get out on the lakes and rivers in Sharp County. In the fall, you can find me on my parents’ farm, one of my favorite places in the world, spending time with my family and enjoying the cooler weather and gorgeous autumn colors. And in the winter, well, I’m just praying for warmer weather!”

How were you introduced to the Community Foundation?

“I am a second generation Community Foundation board member. My dad, Martin, helped charter the Sharp County Community Foundation over a decade ago. Philanthropy and supporting our community is a passion of his, and he has been a tremendous example of servant leadership for me and many others.”

What do you find most special about the local community?

“The people of Sharp County are what make it so unique. They are generous, encouraging, supportive, passionate and they rally around one another whenever needed. We have some really bright and innovative individuals living and working in Sharp County, too, and it’s exciting to see the work they’re doing to make our communities stronger and better for generations to come.”

What’s your favorite Community Foundation program?

“The Giving Tree program allows our small affiliate to reach a lot of people and grow awareness locally. Food insecurity is a problem in Sharp County, and our hunger fund has allowed us to feed a lot of families over the years.”

What’s something memorable that your local board/affiliate accomplished during your service?

“We have a really exciting project in the works right now! With the support of the Little Rock office, we are working on aggressively growing our Giving Tree Endowment Fund to the tune of $1 million! We’re only a few months in and are 20% of the way to our goal. It’s not going to be easy, but we are excited about the impact we can have in Sharp County and in the years to come.”

What would you say is a benefit of working with the Community Foundation?

“The Community Foundation has the ability to grow your invested dollars in ways other small nonprofits aren’t always able. It provides a resource that allows you to be able to give to the local causes most important to you long after you’re gone. With tools like Aspire, the local Community Foundation affiliates can keep a finger on the pulse of your community’s greatest needs and direct funds to worthwhile causes accordingly.”

What advice can you give about smart giving?

“As you’re thinking about what you’re going to give to each year, I encourage you to consider the impact your dollars could make if given in a strategic, directed way. There are a lot of needs in Arkansas right now, but if we join together and put real resources behind big issues, we can create positive change instead of just applying temporary bandages.”

Learn more about Sharp County Community Foundation.