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"The
Mission of the Kernersville Foundation is to provide Financial assistance to non-profit organizations that serve the Kernersville Community" | | |
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U.S. Sen. Richard Burr paused for a moment and looked out at the almost 400 people gathered in the sanctuary at First Christian Church on Monday morning. "How many times have we heard about something good
that was happening and been excited about it - until we find out how
we plug into it?" he asked. "We're all for a lot of things,
but we're just not for starting them today. But if we don't step up
to the plate right now - if we don't volunteer and give of our time
and money to help those less fortunate - when will we ever find the
time?" Burr was the keynote speaker at the annual meeting of
the Kernersville Foundation. During his remarks, Burr cited Friday's
storm in Greensburg, Kansas, where tornadoes carved a path more than
a mile wide, leveled most of the community and killed nine people. (Full
Article HERE!)
The mission of the Kernersville Foundation is to provide financial assistance to non-profit organizations that serve the Kernersville community. www.KernersvilleFoundation.org
As in any physical structure, a solid foundation is the most important
part to ensure a lifetime of support. That same concept applies to the
entire community, and with a strong base, Kernersville will have the
proper support to last forever. Founded in 1999, the Kernersville Foundation (KF) is a 501(c)(3) non-profit
corporation that is a one-stop shop for contributions to local charities,
according to KF President Arnold King. The purpose of the KF is to maximize financial assistance to several
non-profit organizations that are essential to the Kernersville community.
"A gift to the foundation can be multiplied and divided, like
the loaves and fish that fed thousands in the biblical tale," said
Mike Jacobs, KF board member. "By pooling our resources, we can
help many together rather than a few separately." At this year's annual KF Banquet on February 22, the foundation awarded
grants to Crisis Control Ministry, Friends of the Library, Kernersville
Cares for Kids, Kernersville Christmas Stocking, Kernersville Downtown
Preservation and Development Council, Kernersville YMCA, Lamb Foundation,
Kernersville Little Theatre, Körner's Folly Foundation, Next Step
Ministries and the Shepherd's Center. Jacobs added that none of this would have been possible without the
generosity of the local residents. "Anyone can give, and one dollar is just as welcome as $1,000,"
said Jacobs. "Plus, 100 percent of every contribution goes back
into the community, not someone's pocket." According to King, there are several ways to contribute to the KF.
The first way is by making a donation to the KF's permanent fund. "The base sum of the permanent fund cannot be dispersed, but it
produces income that can be awarded to local non-profit organizations
each year," said King. In other words, the more this base sum grows, the more income it will
produce every year. Another way to give to the KF is to contribute to a non-endowed fund,
which is distributed out each year as the KF Advisory Board deems appropriate.
This is a way for people to make one donation and the money will go
where it is needed the most, according to King. In mid-November, all grant request applications will be reviewed by
the KF Board of Directors and the grants will be given out at the next
banquet, said King. "We do know that there will be more grants awarded this year than
ever before," King said. He explained that the permanent fund is the largest it has ever been.
The total assets in the KF have reached more than $500,000, according
to King. This money has come from a combination of sources including
a major donation of $78,000 from the Kernersville Chamber of Commerce
that was raised during the earliest years of the Spring Folly Also, all the money raised at Summerfest goes into the KF and this
was the most successful year in the history of Summerfest, according
to King. This will be the first year that the Kernersville Chamber of
Commerce will contribute 15 percent of the net earnings at the Spring
Folly - which was pledged earlier this year. All of these factors will equate to more funding, King said. If someone has a specific organization that he/she would like to support,
a donation can be made to the KF with particular instructions as to
how this contribution should be applied, King said. "We have also been working with CPAs, investment advisors and
attorneys to make their clients aware during estate planning,"
said Jacobs. This is yet another way for someone to contribute to the community
and leave a strong legacy behind, according to Jacobs. With so many ways to help local non-profits now and for years to come,
the main goal of the KF is to promote awareness of these opportunities,
said Jacobs. "We are campaigning on several fronts right now," he said.
"Currently, we are in the community campaign where we are focusing
on awareness and trying to raise money. We are meeting with all of the
civic clubs, sending letters to churches and we are going to begin putting
information in the schools for students to take home to their parents." Jacobs added that the KF is currently amidst the annual giving campaign,
which is held every fall, but gifts are welcome anytime. For anyone interested in finding out more about the KF, contact Arnold
King at 993-2202, Mike Jacobs at 996-1776 or by visit the foundation's
Web site at www.kernersvillefoundation.org. Donations may be mailed
to PO Box 525, Kernersville, NC 27285.
The
Kernersville Foundation | |
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