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Donors have several different options when it comes to creating a fund at The Foundation. In previous newsletters we reviewed an Agency Endowment Fund and an Acorn Fund. This month we’ll discuss a Designated Fund.

If a donor has an organization near and dear to their heart, they can establish a Designated Fund to specifically support that organization. The nice thing about a Designated Fund is that the organization will receive money from the fund as long as the organization exists. In addition, a Designated Fund can support as many organizations a donor wants. Donors are able to determine how much money each organization receives.

Since the first Designated Fund was established in 1999, more than 40 Designated Funds have been created. The first Designated Fund was the Eileen and Joseph Stendig Family Fund, which supports Temple Beth Sholom in Danville.

If you are interested in started a Designated Fund, or another type of fund, don’t hesitate to reach out to our staff at 434-793-0884 or email info@cfdrr.org for more information.

On June 16, during a meeting of The Foundation’s Board of Directors, Board President Steve Bass recognized four board members whose service to the board is coming to an end. The board members stepping down are past-President Angeles Atkinson, past-President Scott Barnes, Sandy Saunders and Felecia Veal-Edmunds. Bass thanked each member for their dedicated service to the community through their presence on the board. The Foundation thanks these individuals for their service.

On Sunday, June 1 The Foundation held its Scholarship Reception at the Pittsylvania County Community Center to celebrate this year’s recipients. For the 2025-26 academic year 152 local students received scholarships totaling $369,584.

This annual event is held to acknowledge and thank our donors who make these scholarships possible as well as to congratulate the student recipients. We were thrilled that well over 200 people attended this year!

For a full list of the scholarships and recipients visit our website by clicking here. Visit our Facebook or Instagram page to see pictures from the event.