Caswell County has received nearly $650,000 in grants from The Community Foundation of the Dan River Region since it began in 1996. The complete listing of Caswell County grants was shared at an October 24 luncheon for Caswell County supporters and potential donors at Caswell Pines.
Caswell County donors have also established five endowment funds under The Community Foundation umbrella, including:
– Jean Hines Vernon – Claudia Vernon Smith Fund (’03)
– Linda Rhue – Kang-A-Rhue Children’s Cancer Fund (’04)
– Gary A. and Sherry M. Carroll “Good for Youth” Fund (’07)
– Lori Daniel – Susan L. Edward Scholarship (’13)
– Rotary Club of Yanceyville Scholarship (’13)
Neal and Katherine Watlington
Six Caswell County citizens have served on The Community Foundation Board, including currently serving members Verla
Wall, Bill Woods (treasurer) and Stuart Watlington. Past Caswell County Board members include Rev. Wilson Carter, Betty Sartin, Dr. Jack Turner, and founding Board member Katherine Watlington.
“Caswell County has been a part of our core service area since The Community Foundation began,” said Debra L. Dodson, Executive Director.
Donors, organizations or businesses may start their own endowment funds for as little as $10,000 and scholarships for $25,000. Once a fund is established anyone can make designated gifts to that fund.
The Community Foundation of the Dan River Region is an independent, public charity established in September 1996 by a steering committee of local civic leaders to gather permanent funds to support our area. The Community Foundation of the Dan River Region is a public charity with total assets exceeding $25 million.
David and Jean Vernon
While the Foundation works with donors to establish funds to benefit any geographic area, our primary service area is Danville/Pittsylvania County, Virginia and Caswell County, North Carolina. Donations are also being sought to build up resources for South Boston/Halifax County, with consideration being given to other neighboring counties.
Community foundations are established to manage a collection of separate funds created by individuals and corporations – a community of donors – to enhance the quality of life in a local area. These funds are pooled and invested under the direction of a board of directors comprised of community leaders. Income from the funds is distributed in the form of grants and scholarships. The first community foundation was created in 1914 in Cleveland, Ohio. There are now more than 700 community foundations nationwide, controlling aggregate assets in excess of $25 billion.
The Community Foundation is fully tax-exempt as an organization described in Sections 501(c)(3) and 170(b)(A)(vi) of the Internal Revenue Code.
For more information, contact the Foundation office at 434-793-0884 or visit its web site www.cfdrr.org