The
Greater PineBelt Community Foundation was conceived in 1997 by an Area Development
Patrnership Leaders
for
A
New
Century
Class. This annual community service initiative is now known as Leadership Pine
Belt.
A
group
of
civic
and
business
leaders
assisted the class
in
the
foundation
planning.
These leaders realized the need for a local
community foundation to serve as a steward for community improvement.
All foundation documents were complete and business began
in early 1998.
There are over 700
community foundations in the United States, which represent the fastest growing
opportunity for community
philanthropy.
Foundation Operation
The Foundation is a 501(c)(3) not-for-profit organization
that serves as a conduit for permanent endowments and pass through funds. It
is
governed
by
a
board
of directors, familiar with
community needs and chosen to represent a cross-section of public interests.
Gifts received by the Foundation are used to
benefit a number of projects that improve the quality of life in
the community and benefit future generations. Currently, the Foundation manages
assets in excess
of $1 million.