Giving Back. Giving Forward. - The Community Foundation in ...
Giving Back. Giving Forward. - The Community Foundation in ...
Giving Back. Giving Forward. - The Community Foundation in ...
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Donor Services<br />
SUPPORTING FAMILIES AND FOUNDATIONS<br />
FAMILY FOUNDATIONS ARE<br />
AN IMPORTANT PART OF<br />
THE PHILANTHROPIC<br />
LANDSCAPE and <strong>The</strong> <strong>Community</strong> <strong>Foundation</strong> works<br />
<strong>in</strong> multiple ways to support family philanthropy. <strong>The</strong> <strong>Foundation</strong> offers<br />
guidance on grantmak<strong>in</strong>g strategies and practices, and can help<br />
families transition philanthropy from one generation to the next.<br />
In 2012, two major Jacksonville family foundations made decisions<br />
about their philanthropy that affirmed the value of partner<strong>in</strong>g with <strong>The</strong><br />
<strong>Community</strong> <strong>Foundation</strong>.<br />
J. Wayne and Delores Barr Weaver, former owners of the Jacksonville<br />
Jaguars and among the community’s lead<strong>in</strong>g philanthropists,<br />
converted their family foundation — the Weaver Family <strong>Foundation</strong><br />
— <strong>in</strong>to a donor advised fund at <strong>The</strong> <strong>Community</strong> <strong>Foundation</strong>.<br />
<strong>The</strong>n, the Chartrand family decided to conduct all of <strong>The</strong> Chartrand<br />
<strong>Foundation</strong>’s grantmak<strong>in</strong>g through <strong>The</strong> <strong>Community</strong> <strong>Foundation</strong>.<br />
In both cases, the donors will cont<strong>in</strong>ue to direct and advise<br />
their philanthropy, but the mechanics will be handled by <strong>The</strong><br />
<strong>Community</strong> <strong>Foundation</strong>.<br />
“Wayne and I want to take this time <strong>in</strong> our lives to enjoy our family,<br />
relax and travel, not to worry about manag<strong>in</strong>g a private foundation,”<br />
Delores Barr Weaver said. “We have complete confidence <strong>in</strong> <strong>The</strong><br />
<strong>Community</strong> <strong>Foundation</strong> and its stewardship, and know that the staff<br />
will provide the services we need to cont<strong>in</strong>ue our philanthropy <strong>in</strong><br />
Jacksonville and beyond.”<br />
<strong>The</strong> Weavers and the Chartrands were not the first donors to<br />
recognize the benefits of partner<strong>in</strong>g with <strong>The</strong> <strong>Community</strong> <strong>Foundation</strong>.<br />
In 2005, a group of donors <strong>in</strong> Southeast Georgia wanted to establish<br />
a community foundation and launched an affiliate fund of <strong>The</strong><br />
<strong>Community</strong> <strong>Foundation</strong>. Once they received their nonprofit<br />
designation from the IRS, they established the Communities of<br />
Coastal Georgia <strong>Foundation</strong>, but cont<strong>in</strong>ued to use <strong>The</strong> <strong>Community</strong><br />
<strong>Foundation</strong> to provide back office support. ><br />
“We have complete confidence <strong>in</strong> <strong>The</strong> <strong>Community</strong> <strong>Foundation</strong> and<br />
its stewardship, and know that the staff will provide the services we need to<br />
cont<strong>in</strong>ue our philanthropy <strong>in</strong> Jacksonville and beyond.”<br />
— Delores Barr Weaver Page 11