Do you know about Community Funds?
5n5 Community Impact Challenge
This article first appeared in the November 3rd, 2022 edition of the Davie County Enterprise Record
Did you know…
During the five years of the 5n5 Community Impact Challenge (2013 to 2018), fifty-nine community funds were established to provide support for Davie County. In addition, hundreds of one-time gifts were made by citizens from all areas of Davie County.
The funds were not just opened by those we assumed might start one. They were opened by couples, young families, civic clubs, and local businesses; all coming together to meet a challenge that would improve the lives of Davie citizens.
In 2012, the year before the 5n5 Community Impact Challenge was launched, the Davie Community Foundation awarded $53,820 in Community Grants. In 2019, the year after the challenge was met, the Davie Community Foundation awarded $243,114 in Community Grants. So far in 2022, the Davie Community Foundation has awarded $272,614 in Community Grants! The importance of the Community Fund endowments is clear. Although the investments fluctuate with the rise and fall of the market, support for Davie County organizations and projects remains strong; just as the donors to the 5n5 Community Impact Challenge expected!
The increase in Community Fund dollars available for grantmaking has increased the Foundation’s ability to support large community projects as well as award small project grants. When Dragonfly House launched its capital campaign to raise money for a new facility, the Foundation was able to commit $50,000. When COGNITION of Davie County set out to renovate the old bike shop, the Foundation was able to commit $90,000. When the IGNITE DAVIE College Promise launched its capital campaign, the Foundation was able to commit $100,000. When the Healthy Davie Preschool Project was started, the Foundation was able to commit $35,167 per year for two years.
Summer reading camps in every elementary school were funded by Community Grants until Read to Achieve was started. Camp funds ranged from $3,500 for small camps to as much as $16,515. Kinder Camps at all six elementary school locations to ensure Kindergarten children were ready to start school were funded until the Mebane Charitable Foundation included them as tools for reading. We have celebrated and supported DARE Leadership Camps, helped adults learn to read through the Davie Family YMCA, and educated all ages through COGNITION’s children’s museum and makerspace.
The Bocce and Horseshoe Courtyard Project at the Davie County Park was built with Community Grant funds. Grants were awarded to help build the Farmington Nature Park Disc Golf Course, the War Eagle Beach Facility volleyball courts, and the walking trails at The Park at Lake Louise. A STEM Pipeline of students has been created, school staffs have been thanked with monetary gifts, and their leaders developed through personalized coaching.
The hungry have been fed, homeless families have day centers to help them with day-to-day needs and resources to assist with job investigations and searches, and low-income working families have secured car loans through the CARes Project, knowing you can’t keep a job if you can’t get to work.
The range of grants since the 5n5 Community Impact Challenge began have been broad in scope, but single-minded in purpose: making Davie County a vibrant community where everyone can thrive! They were made possible however because Community Funds were opened during the Challenge. Because the funds are endowed, invested forever, Davie County will continue to be positively impacted by community generosity. Want to impact the future? It’s not too late to open your own named Community Fund!The Davie Community Foundation Inc. “inspires philanthropy to strengthen Davie County for present and future generations.” The Foundation is working to promote a spirit of giving in our community and build a permanent endowment that is invested forever. Earnings from the endowment will benefit Davie County organizations and projects that are important to you. The Foundation accepts gifts in any amount, at any time: for an existing fund, the Community Scholarship Fund, or the Davie Community Impact Fund. A variety of options for establishment of named funds in honor or memory are also available. To learn more about the Davie Community Foundation contact Jane Simpson at (336) 753-6903 or firstname.lastname@example.org or visit the Foundation web-site at www.daviefoundation.org