Building Capacity
What I love about working at the Community Foundation for Mississippi is that every day I get to make a real impact on Mississippi. It gives me so much pleasure when I explain to individuals, nonprofits and professional advisors how community foundations can help them achieve their charitable goals and the lightbulb moment happens - their idea IS possible.
Community foundations help individuals and communities think about how they can improve the quality of life in their hometown by setting up what I call a charitable “checking” (non-endowed) or “savings” (endowed) account/fund. As a 501c3, donors to CFM not only receive a tax deduction at the time of their gift and but their donations support a current community need, nonprofit, church or school that they love forever. I saw firsthand how endowments helped save countless nonprofits during COVID-19 when doors were closed and funding sources dried up. Nonprofits who start and grow an endowment are moving their organization toward sustainability in the future.
We are seeing renewed fund growth in 2022 and I am excited for you to get a glimpse below of the Mississippians our team has worked with in the past few months. Working hand in hand with CFM, we will accomplish meaningful and lasting change - for good, forever.
Theresa Erickson
Vice President of Philanthropy
Community Foundation for Mississippi