REPORT TO THE COMMUNITY
FALL 2021
SCHOLARSHIP STUDENT HIGHLIGHT:
Andrea Meador-Safont San Angelo provided many opportunities for Andrea Meador-Safont to explore her interests and deepen her passions. A 2020 graduate of Central High School, Andrea was the first four-year member of the CHS Speech and Debate team, served as the team president for two years and was an Academic All American. Andrea is a shining example of how contributions to scholarship funds at the San Angelo Area Foundation create a path for brighter futures. An ambitious student, Andrea took on additional leadership roles and was elected to serve as Senior Class President and Vice President of National Honor Society. Andrea was selected as one of thirteen students to serve on former Congressman Mike Conaway’s Youth Advisory Council for two years. This opportunity allowed her to be a voice for her peers and discuss current events with members of Congress. Remaining dutiful to her studies, Andrea maintained a 4.0 GPA and was recognized by the National Hispanic Youth Award for her academic achievements. Through the competitive scholarship application process of the Foundation, Andrea was selected as a recipient of the JoAnne and Charles E. Powell Academic Excellence Scholarship. JoAnne and Charles were both treasured pillars of the Concho Valley, and during their lifetime worked with the San Angelo Area Foundation to create a scholarship fund awarded to an area youth who demonstrates outstanding achievement in academics and leadership. As respected leaders, JoAnne and Charles Powell committed their life to service with compassion and dedication. The Concho Valley is grateful for the contributions made by both JoAnne and Charles. Their legacy continues to pave the way for future leaders. A current student at the University of Texas in Austin, Andrea is pursuing a Bachelor of Arts degree in Government with a minor in Spanish. Andrea served as a campaign fellow for a congressional re-election campaign for the 2020 election and most recently had the unique opportunity to work on the Legislative Affairs team for Texas Parks and Wildlife during the 2021 State Legislative Session. Similar to both JoAnne and Charles Powell, Andrea plans to pursue a career dedicated to public service and desires to represent the United States as an ambassador or run for office at the local, state, or national level fighting for community issues. Scholarship awards are possible thanks to the generosity of donors who have created more than 100 different scholarship funds. In 2021, the Foundation awarded 342 scholarships totaling $1.6 million to area students. Collectively, donors have provided more than $13.3 million in scholarship awards over the past 16 years.
To learn more or to apply for scholarships at the Foundation, visit our website: www.saafound.org
Whether inspired by the spirit of generosity or the uncertainty of future tax law and charitable incentives, you may be searching for the right vehicle to execute your charitable desires as 2021 comes to an end. Here are some options to consider:
GIFTS OF CASH
As part of the CARES Act, cash gifts made in 2021 can be eligible for a charitable deduction equal to 100% of Adjusted Gross Income.
Gifts of long-term capital gain assets, such as appreciated stock, land, and mineral interests often are a very attractive option which generally qualifies for a deduction at the fair market value while avoiding capital gains tax.
CHARITABLE IRA ROLLOVER
Charitable IRA roll-overs are very beneficial to individuals over age 70 1/2 and provide an excellent vehicle for a tax efficient charitable strategy.
Charitable remainder trusts, lead trust, or gift annuities deliver income for donor or a designee for fixed term or for life. These types of charitable vehicles can provide tremendous tax and estate planning advantages.
BEQUESTS
GIFTS OF APPRECIATED ASSETS
CHARITABLE REMAINDER TRUST, LEAD TRUST, GIFT ANNUITIES
One of the easiest ways to assist charities is to include a provision in your will. Charitable gift planning through the San Angelo Area Foundation allows you to create a philanthropic legacy.
Each donor is unique. When you partner with the San Angelo Area Foundation, we take the time to tailor our services to your giving needs.
SPRING AND FALL GRANT SAAF 2021 GRANT AWARDS
Alcohol Drug Abuse Council $25,000 Assistance with vehicle purchase
Angelo State University $40,000
Support to create cyber security program
Bishop Street Recovery Center $35,500
Assistance with building renovations and updates
Catholic Newman Center $10,000
Through SAAF’s field of interest, donor advised funds, and Give for Good funds, the spring and fall competitive grant program of the Foundation awarded more than $ 742,000 to organizations across the Concho Valley, including the following causes. For a complete list of grants, visit saafound.org
Help with repairs of ASU student campus facility
Celebrating All Persevering Students $10,500
Support with inspiring students school outreach program
Children’s Advocacy Center $49,800
Assistance with furnishings for completion of new campus
Christoval Volunteer Fire Department $20,000 Help to acquire wildfire truck chassis
Concho Valley Biblical Counseling Center $10,000 Support with classroom and office furnishings
East Concho Volunteer Fire Department $2,000
Assistance with rangeland firefighter protection equipment
Eaton Hill Nature Center and Preserve $5,000 Help with educational and outdoor recreation programs
Galilee Community Development $30,000
Support with collaborative ramp program, project ID assisting th homeless, and remodel program
Girl Scouts of Central Texas $12,000
2021 BY THE NUMBERS
379
permanent funds (YTD)
11 million
$
gifts (YTD)
10 million
$
grants (YTD)
204 million
$
total assets (YTD)
Assistance with mobile STEM project for hands on activities
House of Faith $13,500
Help with youth summer camp tuition
ANT AWARDS Howard College Nonprofit Initiative $112,000
Non-profit training collaboration over next three years
Joseph Thomas Foundation $20,000
Support with client services assistance and medical equipment
Joshua 1:2 Fellowship $24,791
Assistance with van purchase
La Esperanza Clinic $100,000
Support with renovations of new facility to better serve community
Lohn Education Enrichment Foundation $25,000
0
m
Assistance with welding simulator for students
us
Replacement of heating equipment
0
Open Arms Rape Crisis Center $32,200 Special Olympics $10,000
Help with participation expense for children and adults with intellectual disabilities
Sutton County Health Foundation $25,000
Assistance with EMS support and nursing scholarship
00
Texas A&M Agrilife Research Station $27,861
ent
Support to provide graduate student internships at Sonora Research Station
a
Help with 3,000 gallon tanker truck for community response and mutual aid
Wall Volunteer Fire Department $25,704
ties
Water Valley Volunteer Fire Department $25,000
Assistance with acquiring tanker truck for rural fire response
West Texas Counseling & Guidance $26,500
Support with suicide prevention program
West Texas Rehab Center $25,000
Help with rehab camp renovations
One Day
to Give as One
3.7+ million $
Over
raised in
11,000 When San Angelo Gives kicked off at midnight 2021 gifts in 2021 on May 4, 2021 we could not have imagined the overwhelming response of heartfelt generosity that would be displayed for causes across the Concho Valley. During a truly inspirational day, San Angelo Gives raised a record-setting $3.7 million for more than 210 causes, surpassing last year’s total by more than $1 million! The day was filled with excitement and in spite of some of the most challenging times our community has faced in recent history, we witnessed compassionate donors step up for others and ignite the true Spirit of Philanthropy. The San Angelo Area Foundation and its supporters amplified each donation, helping make each gift greater. Plus, donors could help g organizations aligned with their passions win r ives.o g o l e extra cash for their causes. San Angelo Gives g s an an enters your neighbors’ hearts, unites donors, and empowers local organizations to continue doing work that helps our communities thrive. The continued investment and commitment from donors across all corners of the region have pumped more than $13.5 million charitable dollars to support the work of local organizations doing life-changing work.
E V SHAE DATE T
22 0 2 , May 3
Join us on May 3, 2022 as San Angelo Gives celebrates eight years of collective giving! Visit our website for more information and the 2021 results. $3,700,000
SA GIVES
$2,600,000
Astonishing generosity year after year
$2,200,000 $1,600,000
$1,400,000 $787,000
2015
$1,000,000
2016
2017
2018
2019
2020
2021
HELP THY NEIGHBOR
CONNECTING CRISIS WITH COMPASSION Margaret Mead once said “Never doubt a small group of thoughtful, committed citizens can change the world, indeed, it’s the only thing that ever has.” This certainly is true for a group of anonymous donors with a shared vision to combine their giving to lift those in need of a helping hand. There often can be many reasons why individuals and families might face hardships. Caring for our neighbors could mean a family is able to stay in their home, have transportation to ensure employment, or provide their family with food for the week. The San Angelo Area Foundation worked in partnership with these inspirational donors to create the Help Thy Neighbor fund, connecting crisis with compassion. Through this fund, the Foundation proactively works with local nonprofit organizations, such as Christians in Action, Concho Valley Community Action Agency, and the Salvation Army to assist families on the verge of crisis and even homelessness.
“What continues to be one of our community’s most challenging times in recent history, our goal with the Help Thy Neighbor fund is to provide meaningful impact for those who find themselves in crisis and be the hope they need to keep moving forward.” — Anonymous Donor
Since early spring, more than $125,000 in grants from the Help Thy Neighbor fund have provided the opportunity to identify and assist individuals and families in our own backyard. ■ The San Angelo Area Foundation works side by side with caring donors, committed nonprofits, and community leaders to inspire ideas and ignite action. Our role within the community is unique and designed to exist in perpetuity, so while community needs may change over time, our commitment allows donors to support their current passions while ensuring these charitable legacies provide for the future. If you desire to support neighbors in need, consider a gift to the Help Thy Neighbor fund. Or the San Angelo Area Foundation can help you in creating a fund that connects your charitable passions with community causes.
Future Fund: Joining together for San Angelo’s Future Future Fund members combine their giving to make a larger impact in San Angelo. Since 2010, more than $343,000 has been granted to local organizations tackling difficult challenges and responding to critical needs. Each year, Future Fund members contribute $1,000 and, through the grant making process of the Foundation, collectively decide the organizations receiving a Future Fund grant. A portion of each contribution is added to the fund, growing the endowment for future grant-making. We invite you to learn more and join together for San Angelo’s Future by visiting www.saafound.org
We all benefit from the shade of a tree planted by someone before us…what will your legacy be? VISION
MISSION
San Angelo Area Foundation exists to make philanthropic giving in San Angelo and the surrounding area easier and more efficient.
The mission of the San Angelo Area Foundation is to build a legacy of philanthropy by attracting and prudently managing endowment funds that match donor interests with community needs.
BOARD OF DIRECTORS Fred Hernandez, Chair Camille Yale, Vice Chair Jay Boyd, CPA, Sec/Treasurer Carmen Dusek, Past Chair Jon Bailey Jeff Bozeman, CPA Jason Cox Lt. Gen (ret) Ronnie Hawkins
James Huffman, CPA Brady Johnson Jane Richardson Jana Rueter Patrick Shannon Gayla Thornton, CPA Dr. Drew Wallace
STAFF Matt Lewis, President & CEO Brianne Killam, CPA, VP of Finance Rebecca Reyes Stokes, VP of Programs Janet Karcher, VP of Development & Marketing Katie Reed, Donor Services & Program Coordinator Mason Brooks, Development Director Thessalonia Samarripa, Administrative Assistant
221 S. Irving, San Angelo, TX 76903 phone (325) 947-7071 • fax (325) 947-7322 • www.saafound.org