Boosting Students’ Dreams
The Columbia (SC) Chapter of the Links, Incorporated, boost their annual scholarship. The Columbia (SC) Chapter of the Links, Incorporated is a not-for-profit organization consisting of women of color who contribute to their communities through a variety of service projects and initiatives with a focus on the arts, health and wellness, and youth engagement. The group’s members work with communities to understand their needs and priorities and provide financial and volunteer resources to address them – an inclusive versus a directive approach. One of the chapter’s most important projects is their Links Scholars program, a scholarship program that awards financial support to deserving students of color. The first year the program was launched, two students received scholarships. Last year, ten students received awards. Since the creation of the Links Scholars program in the early 1990’s, Dr. Benetta Bell,
recipients of the links scholars program scholarship
“Working with Central Carolina
who might slip under the radar for other
Community Foundation, we have been
scholarships.
able to reach further into the community
“Our goal with the scholarship was not
Vice President of the Links Incorporated,
with our fundraising efforts and connect
Columbia (SC) chapter, has seen the
with corporations who know of the
nonprofit’s scholarship program double.
Community Foundation. Our corporate
“If I had to estimate a growth percentage
donors are comfortable giving to our
for our scholarship I would say we’ve experienced 100 percent growth,” Dr. Bell says.
scholarship knowing that the funds will be well managed.” Every year, the organization combs through applicants, looking for motivated students
necessarily to find the top person in a class,” Dr. Bell says. “It was to get the B-plus student, the A-minus student, the student who is not in the top five but is going to college and will be very successful. We wanted to expand this scholarship to reach more of these students and the Community Foundation magnified our impact to the point where we can do that.” continued on page 4
AGENCY AND DESIGNATED FUNDS | 2
STAY CONNECTED 2711 MIDDLEBURG DRIVE, SUITE 213 COLUMBIA, SC 29204
803.254.5601 | 803.799.6663 (F) WWW.YOURFOUNDATION.ORG INFO@YOURFOUNDATION.ORG
WE ARE A NONPROFIT ORGANIZATION SERVING 11 COUNTIES IN THE MIDLANDS BY DISTRIBUTING GRANTS AND SCHOLARSHIPS AND LINKING THE RESOURCES OF DONORS, NONPROFITS AND COMMUNITY LEADERS TO AREAS OF NEED.
NEWS BRIEF | 2 ENRICHING OUR REGION | 3 AT A GLANCE | 4 PRESIDENT’S LETTER | 4 EVENT PHOTOS | 5 MARK YOUR CALENDAR | 6 ROLLOVER YOUR IRA | 6
Agency & Designated Funds Agency and Designated Funds both help contribute to the the sustainability of nonprofit organizations. Agency Funds are established by nonprofit organizations to provide a source of support as they carry out their impactful missions. Designated Funds are established to support one or several nonprofit organizations and provide a sustainable impact on specific community needs. Alice E. and Richard N. Vandekieft Memorial Fund
Mary Averill Stanton Fund for the HSPCA of
Alpha Xi Chapter of Sigma Theta Tau Inc. Research Fund
Richland County Max and Sibby Wood Endowment Fund
Alzheimer’s Disease and Related Disorders
Milford H. Wessinger Designated Fund
Association Inc. - South Carolina Chapter
Mott Administrative Endowment Fund for CCCF Nancy K. Perry Children’s Shelter Foundation Fund
Brookland Foundation Inc. Homeless Outreach
New Morning Foundation - General Unrestricted
Endowment Fund Calhoun County Library Building Fund
Fund Newberry County Hospital Foundation Inc. Nurturing Center Designated Fund
Clarkson Memorial Fund for Zion Episcopal
Omega Men of Columbia-Omicron Phi Endowed
Church Cemetery Columbia City Ballet Endowment Fund
Scholarship Fund Orangeburg County Fine Arts Center Designated
Fund Columbia Jewish Community Center - Weinberg Foundation Fund
Foundation Staff Members recognized for their work in the community Erin Johnson, Vice President for Community Investment, was recently named a “2018 Woman of Influence” by the
Endowment Fund
Children’s Chance Endowment Fund
Columbia Garden Club Foundation Endowment
BRIEF
Montessori School of Camden Endowed Fund
Animal Protection League Endowment Fund Anna Belle and Marshall Kibler Scholarship Fund
Chandler Burns Designated Fund
NEWS
Fund Orangeburg County Library Foundation Fund II Palmetto Place Children’s Emergency Shelter Endowment Fund
Columbia Regional Business erin johnson
Report. Each year, the
Business Report honors a group of women who are setting the pace in their professional careers as well as working to make the Midlands a better place.
Columbia Urban League, Inc. Agency Fund Congaree Land Trust - Evelyn Pringle Boyd
Phoebe S. Callahan Fund Richland County Recreation Foundation Fund
Jamesha Shackerford,
Memorial Fund Congaree Land Trust Endowment Fund Daily Bread Memorial Fund
Richland School District Two Foundation S.C. Greenhouse Growers’ Research Endowment Fund
recently selected as one
Dave Ransdell Memorial Fund Daybreak, Inc. Fund Deane and Roger Ackerman Designated Fund for the Sumter County Gallery of Art Dr. Percy A. Mack Richland One Superintendent Endowment Fund Eastminster Presbyterian Church Non-Endowed Fund Edward Y. and Mary Lee Roper Family Endowment for Harvest Hope Food Bank Edward Y. and Mary Lee Roper Family Endowment
Saluda Shoals Foundation Programs and Projects Fund Sandhills School Emergency Fund Sarah Nash Wilson Fund SC School for the Deaf and Blind Foundation Endowed Fund SC WREN Senator Isadore E. Lourie Center Endowment Fund Senior Resources Inc. Endowment Fund Sexual Trauma Services of the Midlands Endowment Fund
for The Cooperative Ministry Family Connection of South Carolina Inc. Endowment Fund Francis L. Shealy and Mary Joyce Shealy Designated Fund Gilbert Community Park Fund Girl Scouts of S.C. - Mountains to Midlands - Myrtle Lasley Endowment Fund Hammond School Endowment Fund Harby Milk Fund Harvest Hope Food Bank Designated Fund Heathwood Hall Episcopal School Designated Fund The Holmes Family Designated Fund Jay W. Schwartz Charitable Fund John J. and Inez K. Ross Charitable Fund Jubilee Academy Junior Achievement of Greater South Carolina Inc. Endowment Fund Junior League of Columbia Community Enrichment Fund Kate M. LaCoste Endowment for Fairforest Baptist Church Kate M. LaCoste Endowment for First Baptist Church
Sistercare Inc. Endowed Fund Sistercare Non-Endowed Fund South Carolina Campaign to Prevent Teen Pregnancy South Carolina Philharmonic Endowed Fund Southern Interscholastic Press Association Endowment Fund Sumter County Gallery of Art Endowment Fund Swansea High School Athletic Foundation Fund The South Carolina Technical College System Foundation Fund The Transitions Fund Trenholm Road United Methodist Church Foundation United Way of the Midlands Endowment Fund Women in Philanthropy of the United Way of the Midlands Fund Youth Corps Endowment Fund
of Columbia Business Monthly’s “The Best & Brightest 35 & Under.” jamesha shackerford
The honored business professionals were selected
for their accomplishments and contributions to the local community. Congratulations to Erin and Jamesha for your hard work and dedication to the community.
First Lynches River Conservation Grant Awarded South Carolina Department of Natural Resources (SCDNR) was selected as the inaugural recipient of the Lynches River Conservation Grant. The awarded grant will assist in the purchase and permanent protection of 158.72 acres of a Flat Creek Conservation area adjoined with SCDNR’s Forty Acre Rock Heritage Preserve/Wildlife Management area in Lancaster County. The
Interested in creating a fund? Contact Heather Sherwin at 803.978.7831.
selected property will be open to the public year-round and serve as a prime wildlife habitat, a sustainable forest resource, a protector of water, and a recreational
Lexington/Richland Alcohol and Drug Abuse Council Endowment Fund Margaret G. and James F. Adams Memorial Fund
Welcome to Our Family
Marshall and Frances Shearouse Fund Mary Averill Stanton Administrative Endowment Fund for CCCF
These funds were established between July 25, 2018 and October 31, 2018. Please join us in welcoming them to our family.
Mary Averill Stanton Fund for the Aiken SPCA
Program Associate, was
A’ja Wilson Foundation
outlet for outdoor enthusiasts. Applications for the next cycle of the Lynches River Conservation Grant, including a new expanded service area, are being accepted through December 31, 2018.
2 CENTRAL CAROLINA COMMUNITY FOUNDATION
Enriching Our Region Through Connected Communities Updates from the fourth annual Connected Communities grant projects. The recipients of the fourth annual Connected Communities grants have been hard at work on their projects! Eleven local nonprofits were awarded a total of $335,770 in February 2018 to launch new projects to enrich the Midlands region. The Connected Communities grant initiative aims to answer the questions, “What makes residents love where they live?” and “What draws them in and keeps them there?” Through this grant program, the Foundation funds philanthropic projects – spearheaded by Midlands nonprofits – based on these answers, with the common goal of further connecting residents to the community and knitting the Midlands region together. Since inception, the initiative has granted almost $1.5 million to local projects. In addition to the updates below, you can read the full project updates at www.yourfoundation.org/blog.
Sumter County Cultural Center Sumter Yarn Explosion
Cola Town Bike Collective Sprocket Project
Yarn may seem like an unusual item to use to
Town of North Beautification of 178 & 321 Intersection
bring a community together but that is exactly
This project allowed the Mayor’s Youth
Sprocket, aims to redefine cycling in the
what it has done in Sumter. Teams of nearly
Council to connect with their community by
Midlands. The web-application gives folks
100 local residents have spent the last several
adding landscaping to the town’s primary
curated bicycle routes to different residential
months creating colorful fabric designs to be
intersection. The project has inspired residents
and business districts and to colleges and
placed on trees, light fixtures, and building
to take personal responsibility to improve the
universities. It also includes locations of
columns throughout the Town of Sumter.
town’s image by cleaning up neighboring yards
bicycle repair stations, bike racks, and the
The project brought together people from all
and creating a welcoming entrance for their
BlueBike share stations. Each route on the app
walks of life in the community. The final pieces
community.
includes hashtags to encourage users to take
The Cola Town Bike Collective’s project,
of the project will be installed in the coming
photographs at their destinations, painting
months. In addition to creating fabric designs,
a portrait of the region and showcasing the
the residents will crochet hats and gloves for
uniqueness of our community.
Sumter’s homeless population.
“While driving through North, a woman stopped into the Town Hall. She stated how she noticed the intersection’s new flower bed and was in awe of the beauty. She hoped to receive the contact information of the landscaping company to hire them for her “The evenings with my team consisted of sharing stories of loss, life challenges, and healing journeys. I often left filled with emotions of inspiration and appreciation of how this project brought people together.” — Michelle Ross, Yarn Squad Leader
flower bed. To say she was in shock would
“The number of people who have come
be an understatement when I explained
out in support of this project has been
to her the town’s youth council assembled
overwhelming. What started as an idea at a
the flower bed! She could have driven
kitchen table shared between two people has
straight and not stopped, but she felt it was
grown to close to twenty people helping us
important to express how the new flower
turn the vision into reality.”
bed made her feel upon entering the Town of
— Scott Nuelken, President and Chair, Cola Town Bike Collective
North. “ — Ms. Patty Carson, Mayor of North, SC
Learn more about Connected Communities grants at www.yourfoundation.org/Connected Communities
3 DECEMBER 2018
At A Glance From July 1, 2018 - September 30, 2018
continued from page 1 Because of their successful fundraising efforts, the Links members have been able to provide financial support for tuition and books and also provide professional attire for college and business interviews. This year, the Links Scholars program helped ten students realize their dream of attending college. Through the support of the Link’s members, this number
Total Assets: $ 141,727,000 Number of Grants Awarded: 431 Nonprofits Received Grants: 260 Grants awarded: $3,479,872 Grants Since Inception: $164 M+
and regulations that we needed to comply with
CCCF Awarded 2018 Angel Award by SC Secretary of State
to distribute scholarships,” Bell says. “Things change every year and not all of our members can keep up with those changes or even know what the changes are. The Community Foundation has given us a lot of flexibility with how the funds grow, where the funds go, and the best way to utilize them, helping us to save
The Community Foundation was one of
in a wise way.”
ten organizations honored with the 2018
will continue to grow and more dreams will be
Thanks to the Columbia (SC) Chapter of
Angel Award by SC Secretary of State
fulfilled.
The Links, Incorporated’s willingness to
Mark Hammond. Angels were selected for
serve through Links Scholars, assisted by the
exemplifying charitable giving in South
management of the Community Foundation,
Carolina and must have devoted 80 % or
the scholarship is showing a promising trend of
more of its total expenditures to charitable
growth that can only continue from here.
programs. The Foundation’s program
The Community Foundation’s main impact has been to ease the process of awarding the scholarship. The Columbia (SC) chapter retains control over scholarship applications, recipient selection, and designation of funds,
“It’s been fabulous growth over the years and
but the Community manages all the finances,
the Community Foundation has allowed more
compliance, and processing responsibilities,
students to see our scholarship and know it’s
allowing The Columbia Chapter’s leadership to
there for them,” Dr. Bell says. “So it’s added
focus on what really matters: helping students
value for us, it’s added value for the students
in need.
because they get the opportunities that they
“The Community Foundation assisted with the paperwork needed to administer scholarships as well as helped us stay up to date with the laws
percentage is 93.6%.
would like to have. We hope to offer even more of these opportunities in the future.”
bhavna vasudeva, bruce hughes, joann m. turnquist, mark hammond, erin johnson
By Rachel Pittman
Building a Community Together Philanthropy is a powerful tool. It can transform communities and change lives. This is why the board and staff of Central Carolina Community Foundation believe so strongly in the importance of giving back to our community. This is why we strive to ‘serve and amaze’ our over four hundred donors whose generous grants enhance the lives of citizens in the Midlands. During the nine years I have been with our Foundation, our team has distributed over 10,000 grants totaling over $94,000,000. We take pride in providing our donors with the tools and information needed to invest in our community. The tools and information required have evolved tremendously since 2009. Donors – of all
ages – are seeking more information about the nonprofits they wish to support. They are asking how their grant dollars are being used and what results are being measured. Our team researches each nonprofit organization before a grant is issued and meets regularly with organizations across our eleven-county region to learn about the impact of our donors’ grant dollars. We also provide an online research tool – our Midlands Gives website – where donors can review hundreds of nonprofit profiles on their phone, laptop, or tablet, and visit nonprofits’ websites to make a donation. We are also providing updates and impact reports about funds housed at our Foundation. The thousands of donations made to the One SC Fund, for example, have provided over $3.6 million in grants to nonprofits to support disaster recovery projects and helped more than 1,740
families return home. When donors understand that they have made a difference, they are willing to give again – a comforting thought to those in need. As we enter the season of giving, I offer my thanks for the gifts of time, treasure, and talent that are shared every day. Working together, we are making a difference and building a place that people are proud to call home. All the best,
JoAnn M. Turnquist President & CEO
4 CENTRAL CAROLINA COMMUNITY FOUNDATION
Community Events and Receptions On The Table On Wednesday, October 24 our region gathered together for the inaugural On the Table day of conversations. Thousands of Richland and Lexington County residents, organizations, and local businesses came together at dierent tables for the unique opportunity to share thoughts on how to make our communities stronger and inspire action across a diverse group of community members.
thousands of community members gathered together to share their ideas about how to make our community stronger.
New Donor Reception On October 16th, Central Carolina Community Foundation sta and board of trustees thanked our newest donors, who established funds between July 2017 and June 2018.
captions clockwise from top left: joann turnquist, scotty and susan mill; race to the table co-founders, anne cox, beth corley, randy heath; ruth and bob horger; ben rex, hildy teegen, alice rex, david adoff, sidney rex; jamesha shackerford, malone zimmerman, marina zimmerman
Black Philanthropy Month Celebration August was Black Philanthropy Month. To celebrate, Central Carolina Community Foundation co-hosted the Grown Folks Game Day event with Columbia Urban League Young Professionals and The Talented Tenth SC.
guests learned about local nonprofits while playing a variety of games together.
5 DECEMBER 2018
Central Carolina Community Foundation 2711 Middleburg Drive, Suite 213 Columbia, South Carolina 29204
Mark Your Calendar Don’t miss out on these upcoming events
Midlands Gives Registration
Best of Philanthropy Awards New Office Open House Open January 17, 2019
February 19, 2019
Deadline January 15, 2019
Nominations for the 9th Annual Best
Save the date! You’re invited to tour
of Philanthropy Awards will open
the Foundation’s new light-filled office
in January 2019. Award winners
inside the First Base Building at the Bull
will be selected in the categories of
Street District in downtown Columbia.
Individual/Group, Local Business,
More information to follow.
Nonprofit registration for the sixth annual Midlands Gives event is now open. The 2019 online giving event will take place on May 7, 2019. Nonprofits are eligible to participate if they are a 501(c)3 in good standing, have an office in one of the 11 counties the Foundation serves, and have a
Student/Student Group, and Young Professional. Learn more at www.yourfoundation.org/bestofphilanthropy.
minimum of one full year of financial history.
Best of Philanthropy
AWARDS
Learn more at www.midlandsgives.org.
Brought to you by
CENTRAL CAROLINA Community Foundation
Rollover Your IRA For Good Have you heard of the charitable IRA rollover? As we enter into the giving season, we wanted to make sure you are aware of a way to give that may benefit you or someone you know. If you’re 70 ½ or older you can use your IRA to make charitable gifts and possibly save on your income taxes.
3. Lower Tax on Social Security By reducing your taxable income, a charitable IRA rollover can also reduce the amount of Social Security taxes you pay. They may also help you avoid the 3.8% Medicare surtax on investment
Charitable IRA rollovers are popular for the
income.
following reasons:
4. No Giving Limits
1. Convenience
With a charitable IRA rollover, you may give
It is a very simple and easy way to make a gift.
more than the usual deductible amount.
2. Standard Deduction Benefit
Your charitable IRA rollovers this year can be
call or email us. Since each person’s situation is
any amount you choose, $1,000, $5,000 or any
unique, we always recommend that you discuss
With a charitable IRA rollover, you may take the
amount up to $100,000. You can give directly to a
the benefits of an IRA rollover with your personal
standard deduction and still receive benefits for
nonprofit(s) of your choice or you may establish
professional advisor before making a gift.
your gift. Because the charitable IRA rollover
a charitable fund at Central Carolina Community
qualifies as your required minimum distribution
Foundation to distribute your gifts.
(RMD), it may reduce your taxes.
6
We are here to answer your questions, feel free to
Questions? Contact Heather Sherwin at heather@yourfoundation.org or 803.978.7831.