Fund for Greensboro Annual Report 2020

With sincere thanks to you, our membership, the Fund for Greensboro continues to increase our capacity to fulfill the Greensboro Association’s mission to “conceive, advance, and support village initiatives, and to protect Caspian Lake and its surrounding environment”.

Emergency Relief Fund

This year in March, the newly formed Greensboro/Stannard Emergency Relief Team called for a fundraising effort to support emergency community needs relating to COVID-19.  The Greensboro Association responded by launching an appeal, and in the weeks through June 30, $39,410 was raised for the newly formed Emergency Relief Fund.

In May, an eighth grade summer resident, Rhodes Boester, took action to further support the Relief Fund, asking family and friends of the community for additional gifts that would be matched to a sum of $10,000 by a generous anonymous donor, potentially adding $20,000 to the effort.  As of July 31, with your help, Rhodes has met his goal, bringing the Relief Fund total raised to $51,750.  Relief Fund distributions to date are detailed in the 2020 Grants Report.

The Greensboro Association recognizes that the need for Emergency support is ongoing, and strives to provide extended Emergency support through the current year and into the coming year.

2020 Fund for Greensboro progress, beyond the Emergency Relief Fund;

Gifts of $39,574 bring the Fund for Greensboro Unrestricted Fund to $75,198

Gifts of $12,850, bring the Lake Reserve Fund to $139,691.

Gifts of $14,285 bring the Community Endowment Fund to $81,316.

In total, your Fund for Greensboro gifts of $66,709 bring FFG totals to $296,485

Please join the 1781 Society

In an effort to provide lasting return for Caspian Lake and the Greensboro Community, the Greensboro Association 1781 Society was formed to recognize those who have made a current gift, or lifetime gifts, or a planned gift of a will or IRA provision of $10,000 or more, in support of the Fund for Greensboro.  1781 Society members have collectively made gifts and commitments of over $500,000 in future support of the lake and community we love.  All gifts and commitments, large and small, support the whole. Please join us!

Our sincere thanks to all who have supported the Relief Fund, and Funds for Greensboro.

What is The Fund for Greensboro?

The Fund for Greensboro (FFG) is dedicated to supporting social, environmental, educational, artistic, cultural, recreational, economic, and human service initiatives in Greensboro and the surrounding community. The FFG operates under the auspices of the Greensboro Association, a registered 501(c)(3) organization. It is supported by tax-deductible gifts from individuals who wish to contribute to the vitality of the Greensboro community today and in the future. The Fund for Greensboro currently consists of three funds: the Lake Reserve Fund, the Community Endowment Fund and the Unrestricted Fund.

The Lake Reserve Fund

The Caspian Lake Fund is dedicated to the protection of the pristine quality of Caspian Lake through community education and targeted programs to prevent and mitigate contamination and environmental threats. It is funded by annual and legacy gifts and guided by a steering committee.

The Community Endowment Fund

The Community Endowment Fund generates annual income to augment the Greensboro Association Grants Program. Funded activities include educational and cultural activities, social and health care services, environmental stewardship, and recreation. An annual distribution of 2-4% from this endowment supplements the Grants program.

The Unrestricted Fund

Unrestricted gifts will be used to support urgent or unmet needs at the discretion of the GA Board of Trustees.

Community Relief Fund

Community Relief Fund gifts will provide aid to local high need, high impact organizations at the front lines of health care, food insecurity, and essential services.

How can I contribute?

The Fund for Greensboro accepts cash, stocks, bonds, bequests, IRA, and insurance designations.

CASH & CHECK

Please make checks payable to the The Fund for Greensboro, designating the Community Endowment Fund, the Lake Reserve Fund, the Unrestricted Fund, or the Community Relief Fund.

Click HERE to make a donation by credit card or paypal.

Fed Fund Wire Transfer to NFS, LLC:

1 Chase Manhattan Plaza, New York, NY 10041 ABA: 021000021
Credit Account: 066196-221

▷▷ Further credit to either:
Greensboro Association – Endowment Fund Account #: C9B-024450

Greensboro Association – Lake Fund  Account #: C9B-024446

STOCKS & BONDS

To make gifts of stocks and bonds to The Fund For Greensboro’s account at NFS, LLC:

DTC transfer to NFS, LLC:  DTC #: 0226

▷▷ Further credit to either:
Greensboro Association – Endowment Fund Account #: C9B-024450
Greensboro Association – Lake Fund  Account #: C9B-024446

Bequests

Please consider naming The Fund for Greensboro in your legacy gift planning.

Gifts of $100,000+ may be named and designated for a specific purpose as approved by the Board of Trustees.

1781 Society

The FFG 1781 Society recognizes lifetime gifts or legacy bequests of $10,000 or more.

Questions?

Please contact Becky Arnold or any committee member with questions about donations or bequests to the FFG.

FFG Committee:  Becky Arnold, Vince Cubbage, Tim Nisbet, Naomi Ranz-Schneider, John Stone III, Mary White

The FFG 1781 Society recognizes lifetime gifts or legacy bequests of $10,000 or more.

Gift Forms and Instructions

Please download the gift instructions and commitment form here:

FFG 1781 Society and Legacy Gift Instructions

FFG Statement of Estate Commitment

Please contact Becky Arnold with any questions relating to the Fund for Greensboro and opportunities to donate.

Gift Forms and Instructions

Please download the gift instructions and commitment form here:

FFG 1781 Society and Legacy Gift Instructions

FFG Statement of Estate Commitment