Little Rock attorney John G. Shram of Winburn, Mano, Schrader & Shram, PLLC, advises many clients who have charitable objectives and want to make significant gifts, but need help structuring and achieving those objectives.

“They’ve heard of foundations, but are not sure whether their level of gifting would warrant the administrative and compliance expense of starting their own foundation,” Shram stated.

To help his clients structure these complex charitable decisions, he introduces them to the Arkansas Community Foundation staff members who meet with them to explain the Foundation’s tools. “I work to instill confidence in my clients about the Foundation’s ability to manage the administrative and tax compliance issues, accomplish the client’s lifetime and after-death charitable objectives and sometimes even involve family members in their charitable legacy,” he said. “The Foundation does all this within a very economical and competitive fee schedule.”

Most of Shram’s clients quickly realize that their charitable donations can go further and be more effective within the structure of the Arkansas Community Foundation.

“Heather Larkin and her team have repeatedly demonstrated that they can embrace the differing objectives of charitably-minded clients and provide a structure specifically tailored to that client’s charitable objectives while economically managing and protecting the client’s charitable legacy,” said Shram.

“My parents taught us to go for significance, not necessarily success.”

Charlotte Green of Conway has accomplished both. One of 16 children, she grew up with strong values of faith, family, service to the community and academics. As Conway School District Supervisor for Advanced Academics, she enhances the experience of schoolchildren every day.

Green joined the Faulkner County Community Foundation Board because she believes in giving and stewardship. “Giving is an essential part of life, but people need an opportunity and venue to do it,” she said. The mother of two sons wants to build philanthropy in her community in a way that addresses its most pressing needs.

Education is a great equalizer, and investment in education yields great returns, according to Green. In her job, she creates programs to support strong academic success for K-12 students and works with the Gifted and Talented and Advanced Placement programs.

“As a member of the Grants Committee I see the impact of the Foundation on many parts of our community,” Green explained. “We make Giving Tree grants to programs like the Dolly Parton Imagination Library. Putting books in homes is not just a way to help children read — it builds stronger parent-child relationships.”

Glenn Williams is no stranger to working hard — whether that means putting in the time it takes to support his 300-acre cattle ranch in Berryville or serving as a leader in his community. He realizes the importance of local relationships and connecting resources.

Hoping to find a way to commemorate an agricultural nonprofit he was involved with, Glenn first learned about the Community Foundation and the tools it provides. Through Carroll County Community Foundation, a local affiliate of Arkansas Community Foundation, the nonprofit was able to establish an endowment ensuring the mission would continue forever.

Glenn served several years on the board of the local office in Carroll County and was able to connect with his community in new ways. During this time, he realized the positive impact the Community Foundation can provide in partnership with its volunteers, donors and grantees. “The Community Foundation works well alongside individuals and other nonprofit organizations to bring encouraging and constructive outcomes for the people, environment and education of the area it serves. It is a ready catalyst for donors searching to establish or contribute to beneficial funds and future grant recipients,” Glenn said.

While attending a reception held by the local Community Foundation, Glenn looked around the room and saw business men and women, housewives, school teachers, judges, farmers and ranchers, bankers, executives, retirees, volunteers, government officials, benefactors and others. “I thought to myself, this is truly community.”

Ray and Phyllis Simon pose with the 2016 award recipients at Simon Middle School in May 2016.

Ray and Phyllis Simon were both born and raised in Conway, Arkansas and graduated from Arkansas State Teachers College, now the University of Central Arkansas. They began their educational careers as mathematics teachers at North Little Rock High School.

Because of their ongoing investment into improving the quality of education in Arkansas, the Simons were honored in 2006 by the Conway School District Board of Education with the naming of the Raymond and Phyllis Simon Intermediate School, now Raymond and Phyllis Simon Middle School.  In the years following the school’s dedication, the couple dreamed about what they might do to enhance opportunities for the students at Simon Middle School. Drawing on educational research as well as their own life experiences, they devised a plan to foster interest, aptitude and achievement in the field of mathematics for girls in grades five through seven at Simon. 

Their final step was to find a way to ensure that the funds they would commit to this project would be appropriately managed.  During a conversation with their accountant about how they wanted to give back to their Conway community, Bo Conner of Conner and Sartain recommended they create an endowment that would continue making a difference even after their lifetime.

As a result, the Simon Prize for Excellence in Mathematics for Girls Endowment was created through our local affiliate, Faulkner County Community Foundation. The first awards were presented last May and each recipient of a Simon Prize received a cash award.  In addition, the endowment paid the girls’ registration for an activity that provided an enriching experience in math or math application.  Prize winners will receive continued support with mentoring and networking through ninth grade.

Because the prizes produced from this endowment will be awarded annually, this initiative will have a lasting impact in the lives of girls attending Simon Middle School.

About Ray and Phyllis Simon’s Dedication to Education in Central Arkansas

Ray had the opportunity to join the Conway School District in 1984 as Assistant Superintendent for Finance.  Phyllis followed a year later as a teacher and technology coordinator.  She went on to officially become the district’s first Director of Technology.  In 1991, Ray was named Superintendent and served in this capacity for six years until his appointment as Arkansas’ Commissioner of Education.  Six years later, he accepted the position of Assistant Secretary for Elementary and Secondary Education at the United States Department of Education and soon was promoted to Deputy Secretary.

To learn more about how we can work with you and your family to develop a plan that meets your charitable goals, contact us at 501-372-1116 or email Ashley Coldiron.

From left: Dana Stewart, White County Community Foundation Executive Director; Ralph Haymond, Haymond Insurance, Inc.; Mary Lou Dunn, Sunshine School Executive Director; Tom Carr, Rotary Club of Searcy; Amy Daniels, Edward Jones; and Sunshine School students. Special thanks to our friends The Daily Citizen for the photo.

Over the past 40 years, Arkansas Community Foundation has partnered with Arkansans who are passionate about making a difference in their communities. As our mission says, we engage people, connect resources and inspire solutions to build community. Here’s a recent example of how White County Community Foundation, an affiliate of Arkansas Community Foundation, connected community resources.

Serving students of all ages with developmental disabilities, Sunshine School had a specific need for iPads to change the way their students learn. Hearing about this need, Community Foundation board members saw an opportunity to partner with other community organizations. The Rotary Club of Searcy, Edward Jones Financial Advisor Amy Daniels and Haymond Insurance joined forces to grow their impact and provided funds for the purchase of iPads.

Sunshine School began in 1964 under the sponsorship of the Searcy Junior Auxiliary. Starting with seven special education students attending on a half-day basis, classes were held in converted Army barracks on land leased from Searcy Public Schools. Two locations later, the school relocated in August 2011 to their new, updated and spacious facility with 12 classrooms, a large multipurpose room, several therapy rooms, as well as office and conference room space.

Sunshine School serves students from Searcy, Augusta, Pangburn, Kensett, Des Arc, Pleasant Plains, Beebe, Judsonia, Hazen, Bradford and McCrory. There is no age limit for students to be admitted to the preschool, nor is there a cut-off age for adults to attend. To learn more about Sunshine School, check out the information provided on their website.

To find out how we partner with Arkansans like you who love to give, check out previous blog posts, get updates from us or read about ArkansasGives, our one-day online giving event on April 6, 2017.

Along with more than 780 community foundations across the US, we are celebrating Community Foundation Week! Our work succeeds because people like you believe in building a strategic legacy that will impact future generations. We are so grateful to everyone who has contributed to our success, and we look forward to growing our work together!

We often get the question – so what does a community foundation do? Well, we’re glad you asked. Community foundations are independent, public entities that steward charitable dollars from institutional and individual donors to local nonprofits. Since 1976, Arkansas Community Foundation has provided more than $156 million in grants and partnered with thousands of Arkansans to help them improve our neighborhoods, our towns and our entire state.

You also may find it surprising that community foundations represent one of the fastest-growing forms of philanthropy. Every state in the United States is home to at least one community foundation—large and small, urban and rural—working to advance solutions on a wide range of social issues.

Community foundations routinely work with families, individuals, attorneys and estate and financial planners to design gift plans that fit every economic situation, ensuring that donors receive the most benefit from their charitable contributions and that their philanthropic dollars are put to good use. Nearly every type of gift – real estate, closely held stock, artwork and insurance – can be contributed to a community foundation.

In 2012, according to the Foundation Center, community foundations received an estimated $7.5 billion in gifts, gave $5 billion in grants, and held total assets of $65 billion. The Foundation Center also reports that even though community foundations represent just 1% of the more than 82,000 foundations in the United States, their gifts represented 9% of total giving.

For the past 25 years, Community Foundation Week has raised awareness about the increasingly important role of community foundations in fostering local collaboration and innovation to address persistent civic and economic challenges.

Dr. James Pappas, United States Navy, 1960

Even before the age of an all-volunteer military service, James Pappas knew he wanted to serve in the United States Navy, enlisting during his freshman year of medical school in the early 1950s. Dr. Pappas was called to active duty in 1958, where he first served as the Medical Officer for a Mobile Construction Battalion (Sea-Bee) and later treated Navy and Marine personnel and families through the base’s outpatient and emergency clinics. After completing his tour of duty, serving eight years in the Naval Reserve and finishing a residency at Baylor Medical Center, Dr. Pappas came back to his home state of Arkansas, where he had a private Otolaryngology (Ear, Nose & Throat) group practice until retiring in 2001.

Being an avid community supporter and successful doctor—particularly one with a giving heart—put Dr. and Mrs. Pappas on every nonprofit’s mailing solicitation list. They carefully considered each request and wrote countless personal checks to support the worthy causes closest to their hearts, but found it was a headache to keep track of all the tax acknowledgement letters. Their trusted financial advisor recommended Arkansas Community Foundation as a way to streamline giving while maintaining the maximum tax benefit. Having a donor-advised fund with the Community Foundation not only allows Dr.  and Mrs. Pappas to make financially sound tax deductible gifts and continue their giving with ease, but they can also direct grants to multiple nonprofits knowing their programs are vetted by our informed staff. 

The Dr. James and Eva Pappas Charitable Fund supports a wide range of nonprofits, including education and medical causes. But, as you can imagine, his service on Guam continues to shape their giving philosophy. While they give to numerous veteran-related charities, Dr. Pappas specifically supports those who serve disabled and wounded veterans. When asked about why he champions these causes, Dr. Pappas offers a statement we can all agree on: “I have tremendous respect for the men and women who serve in our military and defend our liberties.”

For more information on how you can start a charitable giving plan, contact Ashley Coldiron at 501-372-1116 or acoldiron@arcf.org.

Arnell Willis, Jr., Dr. Roderick L. Smothers, Jane Jones, Arnell Willis, Sr., Betty Willis, Popi Willis

Arnell Willis, Sr. grew up in the 50s in the small segregated town we know as West Helena, Arkansas, located in Phillips County. Growing up in the Delta region presented many hardships, but through the lessons taught by his mother, Laura Nelson and his aunt, Lillie May Stevenson, Arnell was able to overcome incredible odds and achieve his American dream.

His mother, a homemaker, custodian and private duty attendant, taught him the importance of faith, education, hard work and discipline. Most importantly, she instilled in him the belief that education is the great lifting mechanism in our society – through education he could realize his full potential.

His aunt, an entrepreneur, civil-rights worker, politician and labor union representative, taught Arnell the importance of giving back to his community. Living a life committed to civic involvement, she had the most influence on his political involvement.

During the last semester of his senior year at Philander Smith College, Arnell didn’t have the money he needed for tuition. After discussing his situation with the president of Philander Smith College at the time, Dr. Walt Hazzard, his tuition was waived – instead of paying back the money he owed, Dr. Hazzard asked Arnell to help others in a similar way; to pay it forward. Arnell and his family established two scholarships that will help students from Phillips County, Arkansas and students attending Philander Smith College in substantial ways.

In recognition of these extraordinary examples in Arnell’s life, his family hopes to accomplish three important things by establishing these scholarships at Arkansas Community Foundation:

  1. Recognize the importance of “lessons learned” from two important women who made indelible marks on Arnell’s character and development;
  2. Share Arnell’s story and inspire others to find hope and chase their dreams; and
  3. Help other reach their full potential by giving back because he had so many people help him find success.

Charitable gifts should be an investment in the causes you care about and generate returns for your community. Arnell Willis, Sr. and his family partnered with the Community Foundation to honor those that mean the most to them. Learn more about how the Community Foundation can help you identify tools to help you give smart by contacting Ashley Coldiron, acoldiron@arcf.org or 501-372-1116. 

When literacy coach Liz Easley first came to work at Marvell-Elaine Elementary School, many students couldn’t read. The school’s leadership, however, has been hard at work to create a positive school climate focusing on supporting each child—and the results are showing. Perhaps most significantly, between the 2012-13 and 2014-15 school years, the chronic absence rate at the school dropped from 18 percent to 7 percent.

Marvell-Elaine is one of eight Arkansas school districts currently working with the Arkansas Campaign for Grade-Level Reading’s (AR-GLR) “Make Every Day Count” initiative. It’s an effort to help schools, districts and communities track chronic absence, and to develop and implement plans for keeping children in classrooms. Data show that when children miss too much school, they miss out on critical instruction—and are less likely to read proficiently.

AR-GLR, partnering with Arkansas Advocates for Children and Families (AACF), recently released a new report, Make Every Day Count: Reducing Chronic Absence in Arkansas Schools. It details chronic absence data in the state—and some strategies to address the issue. The report includes an analysis by AACF of Arkansas Department of Education data showing that:

  • Chronic absence starts early. Over 13 percent of kindergarten and first grade students miss a month or more of school.
  • Nearly all elementary schools in Arkansas had some chronically absent students in 2014-2015. However, one-quarter of chronically absent students were concentrated in just ten percent of the state’s 522 elementary schools.
  • Chronically absent third graders are less likely to read on grade level. Only 20 percent of chronically absent students read on grade-level as opposed to 30 percent of non-chronically absent students.
  • Economic disadvantage affects attendance. Students from low-income families were twice as likely to be chronically absent.

AR-GLR and AACF presented the report—which also outlines tiered interventions used by Marvell-Elaine and other bright spot schools, including Monitor and Parson Hills Elementary Schools in Springdale—to the Arkansas Board of Education on October 14. AR-GLR also produced an online toolkit: Leading Attendance in Arkansas: How principals can help students succeed by reducing chronic absence. It outlines five strategies to help principals develop a comprehensive plan to reduce chronic absence in their schools.

The report and the toolkit are the two latest resources being used to support AR-GLR’s Make Every Day Count initiative. In addition to Marvell-Elaine, the initiative is currently working in Atkins, Fort Smith, Greenbrier, Hope, Hot Springs, Springdale, and Western Yell County. However, the campaign’s resources are available online for anyone.

To learn more, or to find out how your school or district can participate in the Make Every Day Count Learning Community, contact AR-GLR Campaign Director Angela Duran.

The IRA Charitable Rollover is now a permanent incentive allowing donors who are 70 ½ or older to direct part or all of their required minimum distribution to a qualified charitable organization.

Arkansas Community Foundation can be your partner in giving through an IRA Charitable Rollover. Many of our funds and endowments meet the requirements for accepting these types of gifts. Your gift could even be matched if you are interested in giving directly to one of our affiliate Giving Tree funds or endowments. Contact us for more information about available match opportunities.

Here are the basics:

  • You can contribute up to $100,000 from your IRA
  • Donors can request multiple direct transfers from their IRA to qualified charities in a year, but only up to $100,000 can be excluded from income as an IRA qualified charitable distribution
  • If you are married, your spouse is also eligible to contribute up to $100,000 from their IRA
  • The gift must come to the Community Foundation directly from the institution holding the IRA account. Community Foundation staff are prepared to work with your financial advisor or your IRA account holder to ensure a smooth and successful transfer

What are the benefits?

  • The amount gifted to charity is not counted toward the donor’s ordinary income
  • IRA Rollover proceeds ARE excellent contributions to 501c3s (including most funds and endowments at the Community Foundation)

Qualified charitable contributions from an IRA do not include gifts to:

  • Supporting Organizations
  • Private Foundations (some exceptions)
  • Donor Advised Funds and Endowments

Contact Ashley Coldiron today at 501-372-1116 to learn more about how the Community Foundation can accept a qualifying gift from your IRA.

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