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JCAC Foundation Committee TiJuana Halsey, Chair Saturday, March 8, 2014.

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Presentation on theme: "JCAC Foundation Committee TiJuana Halsey, Chair Saturday, March 8, 2014."— Presentation transcript:

1 JCAC Foundation Committee TiJuana Halsey, Chair Saturday, March 8, 2014

2 501c3 TeamOversight Team  Emma Allen  Jenifer Casselberry  TiJuana Halsey  Wyteria Montgomery  Pearlie Thomas  Gabrielle Thomas  Jackie Truss  Jean Whitlow  Audrey Wray  Rosalind Short  Vernandi Greene  Sherry Brundidge  Marliceia Chavers  Alicia May 2

3  The JCAC Foundation Committee is proposing a non-profit, tax exempt foundation with 501c3 status. The proposed foundation:  Will allow JCAC to receive, invest, and distribute funds for charitable and educational purposes.  This foundation would be an entirely separate organization from the Chapter with a fully functional Board of Directors. 3

4  There were previous discussions on possibly purchasing a building where JCAC could hold chapter meetings and other activities.  This facility would also serve as a safe and central repository for the Chapter’s properties such as official documents, candles, robes, gavel, tablecloths and other effects which the Chapter may obtain for the orderly and proper conduct of ceremonies and business  A “Delta House” would provide the foundation the ability to strengthen and expand the programs of the JCAC.  A 501c3 designation would enable JCAC to raise funds to purchase or lease this structure. 4

5  The proposed foundation will serve as a primary funding vehicle for scholarship and community service initiatives in association with JCAC.  Although the two organizations will work closely together, JCAC will have the ultimate responsibility for directing the initiatives that support the Sorority’s five-point programmatic thrust:  Economic Development  Educational Development  International Awareness and Involvement  Physical and Mental Health  Political Awareness and Involvement 5

6  Given the foundation will be an entirely separate organization from the Chapter, the name must be separate as well.  The name however, should, be transparent enough to let donors know there’s a correlation to the Chapter that reflect both a connection AND a distinction. 6

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8 8 A Name should reflect a connection and a Distinction Jefferson County Alumnae Community and Educational Services Foundation

9 ~ D eveloping Awareness ~ S trengthening Communities ~ T ransforming Lives 9

10  JCACES Foundation will benefit JCAC in several ways:  Giving to our own foundation assures that the priorities WE set as an organization will be met  Setting financial goals will help us keep public service as the cornerstone of our organization  It will ultimately reduce the effort we must spend on planning fundraising events  Contributions will be tax-deductible  501c3 designation will aid us in our efforts to secure a home for JCAC!!!  It will allow us to expand our programmatic impact 10

11  File the application for 501c3 designation  Institute measures to safeguard intellectual property  Create website – JCACESFoundation.orgJCACESFoundation.org  Collaborate on fundraising efforts in the name of JCACES Foundation  Form official Board of Directors to include an Executive Director and/or CEO  Work with the JCAC Housing Committee to attain non-conventional funding for the foundation headquarters (i.e. “Delta House”) 11

12  For questions, comments, recommendations, etc. you may contact the JCAC Foundation Committee via email at JCACFoundationCommittee@yahoo.com.JCACFoundationCommittee@yahoo.com Yours in Delta! 12

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