What does it mean to you to leave a legacy, a heritage, a personal footprint that can make a difference in someone's future? The Foundation's Endowment Fund offers a vehicle for you to actualize any such intent or desire. The Endowment helps to stabilize the pool of funds available for annual grants. As it grows, it will continue to provide overall financial stability for the Foundation enabling it to continue to contribute to the vitality and quality of life in our community for years to come.
Among the gifts you might consider are an outright gift of cash or appreciated stock; naming the Foundation as a beneficiary in your will, trust or life insurance policy; creating a charitable gift annuity through the Foundation.
Your legacy gift to the Foundation Endowment Fund may entitle you to a charitable contribution deduction against your income tax. The Foundation fully meets IRS requirements to be classified as a Section 501(c)(3) nonprofit tax-exempt organization. You should consult with your tax adviser to confirm the timing and degree of deductibility of your gift.
In considering your commitment to your community and the footprint you'd like to leave behind, please consider the Foundation Endowment Fund in your own legacy financial planning.
Ed Landon, Endowment Committee Chair
The 2018 Impact Grant was awarded to Literacy Volunteers of South Sarasota County. President Bob Hayden and the Impact Grant Committee presented the grant check to Joe Pokorney, LVSSC President, and Claudia Daniels, grant writer and Board Member.
The award of $19,271, will be used to fund a Study-Lab Program located in the Family Services Center, North Port, FL. This location brings together a variety of social service agencies that provide assistance to those who need it.
A dedicated study-lab will provide a safe and welcoming space for students to meet with tutors, utilize computer equipment, and attend classes. The number of students has increased 73% from 2010 to 2017. LVSSC has helped 343 students from 48 different countries in 2016/2017.
The 2017 Impact Grant awarded to Habitat for Humanity South Sarasota County is presented to Aimee Holmes, Chief Develpment Officer.
The Foundation has generously partnered with Habitat to lauch a new home revitalization program, A Brush with Kindness. The award of $16,000, along with paint donated by Sherwin Williams, will be used to paint one home per month for a qualified homeowner. This is a one-year program that will benefit income-qualified homewoners in need. It is Habitat's intent to help South Sarasota's most vulnerable population revitalize their homes with pride and dignity.
The Englewood Community Care Clinic, Inc. dedicated the beginning of its compact new laboratory to the Plantation Community Foundation. Members of the Foundation's Impact Grant Committee, Foundation Board Members, Clinic volunteers and the Executive Director attended a ribbon cutting ceremony. The Clinic plans to add equipment to its lab with the remaining $12,000 in funds from the grant.