Legacy #2: Letter from the Director

Delene PorterThe Athens Area Community Foundation stewards more than financial resources; it translates deep community knowledge into influence, connecting donors to needs at the right moment, preparing the community and organizations for change, and evaluating progress. In this issue of Legacy, we’ll explore some of the ways AACF leverages knowledge and network to meet community needs in the areas of financial literacy, nonprofit capacity building, and community assessment.

2014 was an important year for AACF. New partners began using AACF as a vehicle for investing in the community. Twenty-six families and organizations established new Funds, increasing AACF’s assets by $700,000 and bringing AACF’s total Funds-Under-Management to $3.3 million. And, AACF’s grantmaking grew exponentially. AACF’s forty-one Donor-Advised Funds holders made 127 grants totaling $314,256.76 to organizations advancing health, youth development, affordable housing, services to seniors, the arts, and community building.

Nine non-profits took advantage of AACF’s economy of scale and professional, endowment-oriented investment management to build their endowments. These agencies include United Way of Northeast Georgia, Athens Community Council on Aging, AthFest Educates, Habitat for Humanity, OLLI@UGA, Georgia Options Foundation, The Cottage, Friends of the Athens-Clarke County Library, and Interfaith Hospitality Network. In addition to social service providers, AACF helped community leaders identify areas to engage through workshops with the Athens Area Chamber of Commerce’s LEAD Athens class, Caterpillar’s CAT Cares Committee, OLLI@UGA, and A-CC’s Federation of Neighborhoods, among others.

I am excited about the year ahead. I hope you’ll consider joining AACF’s network of strategic philanthropists committed to building a more just, caring, and thriving community for future generations. We look forward to working with you.

Thanks and Love,

Delene W. Porter

Leave a Comment