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ACF Newsletter FALL 2006 NEWS AUSTIN COMMUNITY FOUNDATION TO ENSURE THAT A donor’s WISHES COME TRUE Georgia B. Lucas was the daughter the Lone Star Girl Scout Council; the of George and Addie Lucas. She was balance of the income to be distributed born in the historic Warner-Lucas to provide funding in the Central Texas For more information House located at 303 Academy Drive. area for a variety of issues, including the As a girl, Miss Lucas spent much of her arts, historic preservation, community about Bright Leaf, you summer at the family’s summer cottage services, youth services, and animal on property high on the hills north of care. The grants are determined through can visit the Friends of Mt. Bonnell, where there was always recommendations by an advisory a breeze. Here on the property they committee of six people named in the Bright Leaf website at named “Bright Leaf” they were able will Miss Lucas. www.brightleaf.org to escape the sultry The Georgia B. Lucas summer heat. Over Foundation Fund has or call 459-7269. the years, Miss Lucas awarded over 300 grants added to Bright Leaf, totaling over $5.1 million and by the time she dollars since 1995. passed away in 1994, Bright Leaf had grown Due to decreased funding to 216 acres. In her later and ability to support Bright years, Miss Lucas spent Leaf, in August 2005, the most of her afternoons Texas Parks and Wildlife strolling the grounds of Commission voted to move Bright Leaf, listening to forward on transferring birds sing and taking in Bright Leaf to Charitable the beauty of nature. Holdings, the non-profit affiliate of the Austin In Miss Lucas’ will, Community Foundation she bequested Bright which accepts real property Leaf to the Texas Parks and Wildlife gifts. Miss Lucas had provided that in Department to serve as a nature the event the Texas Parks and Wildlife preserve and park, and she gave the rest Department was unable or no longer of her estate to the Austin Community interested in owning Bright Leaf, then Foundation to establish the Georgia B. it was to go to the Austin Community Lucas Foundation Fund of the Austin Foundation. Community Foundation. Her bequest was left as a permanent endowment to On September 1, 2006, the transfer the Foundation. was completed and Bright Leaf was deeded to Charitable Holdings. ACF The Georgia B. Lucas Foundation will manage Bright Leaf for Charitable Fund’s purpose is to two-fold: she Holdings. ACF is committed to ensuring designated a portion of the Fund’s Miss Lucas’s wishes in her will for income to provide grants on an annual Bright Leaf becoming a true community basis to St. David’s Episcopal Church, treasure are realized. The University of Texas at Austin for scholarships, St. David’s Healthcare For more information about Bright Leaf System, Salvation Army, Capitol Area Bright Leaf, you can visit the Council of Boy Scouts of America, and Friends of Bright Leaf website at www.brightleaf.org or call 459-7269. A WIN-WIN PARTNERSHIP WORKS TO GROW ACF CORPORATE GIVING While most Austin Community Foundation to Austin Groups for the Elderly, Big Brothers funds have come from individuals and Big Sisters, and Meals on Wheels. Cook families, nationally the corporate sector is reports, “Our attorneys and staff have been an increasingly rich source for community enthusiastic about our fund and it’s great to giving. So this year ACF began a new initiative see them working together on it.” The fund to encourage local companies to establish model is working well; Jenkens now is making ACF donor-advised funds for charitable it available to other companies interested in giving. Partnering with ACF on this effort is setting up an ACF company giving fund. Jenkens & Gilchrist, the law firm at which ACF As compared against establishing an Governor Mike Cook is a shareholder. in-house corporate foundation, an ACF To date, Austin Community Foundation fund offers significant benefits. It requires has 16 company philanthropic giving funds, far less staff time and overhead, because of which over time have disbursed $2.6 million all the support services that ACF provides. to community efforts. Together the 16 funds ACF handles fund administration, grants currently have assets of about $525,000. processing, and IRS reporting; it also assumes The ACF staff would By contrast, the Silicon Valley Community responsibility for liability, audits, and meeting Foundation has 25 corporate funds, with governmental regulations. For donor-advised be delighted to assist current assets totaling $54 million. So we have funds, there is no investment fee, so 100% of lots of potential to grow far deeper resources funds contributed go directly to nonprofits. you with your gift! for company philanthropic giving at ACF. Jenkens also sponsored the creation, Jenkens initiated the partnership with ACF. printing and mailing of a series of The firm wanted to get more meaningfully informational postcards, which have gone You can reach us involved in the community by building a out to thousands of business executives and relationship with one nonprofit partner; after owners in Austin, inviting other companies to at 512.472.4483 reviewing many alternatives, the firm selected establish ACF funds. A third element of the Austin Community Foundation. It retained program is the new ACF Corporate Circle. CauseCatalyst to create a new program Regular mixer events provide ACF fund designed to meet the goals of both the firm owners and business people with a great way and the foundation. to meet in person and develop a deeper sense Seeing the potential for ACF to attract of community around ACF. Speakers address significant new money from the business topics related to business philanthropy. In community, Jenkens offered to sponsor an July, Martha Smiley spoke about Grande outreach program to area companies. The Communications’ giving program. On October first step was to design a strong model that 11, Mark Seriff will talk about his experiences companies could follow in establishing a with the Seriff Foundation. fund. After researching programs at LCRA The Austin Business Journal ran an Aug. and Grande Communications, Jenkens created 11th story about ACF and the effort to attract a set of guidelines based on their successful more charitable giving funds from companies; giving funds. Features include voluntary the article is available at www.austin. employee contributions made through payroll bizjournals.com. deductions; matching funds provided by For a copy of the Fund Guidelines used in the firm/company; employee control over establishing the Jenkens fund, please e-mail grant awards and recipients; and guaranteed Peggy Shaw at [email protected] contributions to nonprofits for which employees volunteer. Jenkens made itself the “guinea pig” — it has used the new model to establish its own fund, the Jenkens Employees Charitable Fund. While the fund is brand-new, it has already made its first grants, selected by employees, Memorials THE CONTRIBUTIONS LISTED BELOW WERE MADE BETWEEN FEBRUARY 2006 AND AUGUST 2006 IN MEMORY OF THE FOLLOWING: Mary Adkins Sally Byram Fran Hefner McSpadden Lanelle Lawrence Billy & Lola Page Mary & Joseph Abell Vicki Frasier Schlab Louise J. Hein Ann & Roy Butler Harland Simmons Margaret & Bob Kelly Wilda Allen Jackie & Bill Milstead Patricia Harris Brutus Hanks Michele Shomemaker Liebel Roy J. Cates Bob Baird & Family Stephen Lane Wib Alms Frank & Tish Hall Billie J. Hohmann Billie J. Hohmann Frances Lochridge Frank Clark J. Howard Hayden Amanda Beck Virginia Alvis Marilyn Westerheid Frank & Tish Hall Rhoda & Stuart Benson Patricia Harris Martha & Bill Black Patricia Conley Cornelis Roderick C. Heasley Ann & Roy Butler Tre Arenz Saxon Fox & Mark & Scott Maurer William Blakely Margaret & Doug Danforth Squeak Carnwath & Gary Knecht Amy W. Monier Ed Cornwell Elizabeth Hersey Mrs. Frank N. Edmonds (Joan) Dorothy Nichols Michael & Susan Mahoney John C. Foshee Dorothy Arnold Warren & Karen Freund Billie J. Hohmann Earl Cornwell, Jr. LaVona Hightower Samuel Graham Dorothy Nichols Magdalen & John Moran Charles W. Bailey Michael Looney Steve & Kay Head Gail Creighton Randy Holiday Lee Looney Susan & Michael Mahoney Patti Davis Susie Baird Ben Love Sub-Juniors Swingers Club Roberta Purvis Crenshaw Wilmot R. Horton Ann & Roy Butler Saxon Fox & Mark & Scott Maurer Amanda & Alec Beck Diane Culbertson Baker The Cain Foundation Marian C. Lynford Mollie & Dean Davis Ronald K. DeFord Dr. & Mrs. Frank M. Covert, III Myra Lea Summers Marion Wier DeFord Mr. & Mrs. James Hawley Margaret Barry Petie & Bryan Lewis Linda Machiz Charlotte K. Flynn Dorothy Doss Michael McGinnis Margaret & Bob Kelly, Louise Hein, Earl & Diane Grant John C. & Jeannine Arbon Miller Kathy & Randy Wimbish Michelle Bastas Mr. & Mrs. C.W. Hetherly Osborne & Helman, LLP, Friends of the Umlauf Sculpture Garden Elizabeth G. Deleery Wilma Mahan Margaret Duncan Malcolm & Tesa Turner Billie J. Hohmann Murphy H. Baxter Mrs. William Houston Auddie & Philip Walker Kelly H. Baxter Edwina Main James A. Elkins, Jr. Betty Hughes Margaret & Bob Kelly Alec Beck Ann & Roy Butler Marilyn Heasley Ilcor Industrial Laminates Corporation, Mary & Joseph Abell Margaret Kelly Ann & Meade Bauer Marlene Elliott Elizabeth Jarmon Debby & John Burns Margaret & Bob Kelly The Harner Family Michael Scott Malone Ann & Roy Butler Fay A. & John C. Snyder Donald M. & Elaine Y. Carlton Marjorie Erwin Curt Johnson Mollie & Dean Davis Mary & Joseph Abell Ann & Roy Butler Matt G. Martinez Page S. Foshee Mr. & Mrs. George H. Covert Lone Star Foodservice John C. Foshee William R. Faust Dennis & Sally Harner Karen & Warren Freund Margaret & Bob Kelly Doris Mayes Dr. & Mrs. Earl Grant George Anthony Johnson Marilyn Heasley Staley & Jack Gray Howell M. Finch Mildred & Jim Casparis Jim & Edie Hawley Howell & Beverly Finch Ken McBee Jackie & Bill Milstead Evelyn & Ernest Simon Audrey Ruth Smith Kennedy Billie J.
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