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Giving Back. Giving Forward. - The Community Foundation in ...

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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

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