Legacy Regional Community Foundation is joining a nationwide celebration through Saturday to recognize the increasingly important role that community foundations play in strengthening localities and mitigating social issues like homelessness, polarization, and discrimination, according to a press release from the Winfield-based organization.
“For more than a century, philanthropic institutions have served as a trusted partner and resource whose effect can be seen in the lives of millions and in the vibrant neighborhoods that continue to thrive through their mission-driven work,” the press release said. “During this annual celebration, community foundations convene to share and reflect on the stories of impact from their recent work.”
In celebration of the national event, City of Arkansas City and City of Winfield commissions proclaimed November 12-18, 2023, Community Foundation Week in their respective cities, Legacy Regional Community Foundation said.
Additionally, Legacy recognized the 2023 Spirit of Humanity, Lynne Hunter, with a reception on Tuesday.
“Community foundations have the reach, expertise, and relationships to address some of the most pressing issues impacting individuals and families nationwide,” Legacy CEO Yazmin Wood said. “We are more determined than ever to collaborate with partners to deliver the innovative and lasting solutions that will help our communities to thrive.”
Community foundations are independent, public entities that steward philanthropic resources from institutional and individual donors to local nonprofits and represent one of the fastest-growing forms of philanthropy, Legacy said.
Looking to the future, Legacy says its strategic action plan is driving toward three outcomes:
- An all-donor strategy that results in increased number of donors that are more knowledgeable, connected and engaged.
- Measurably growing assets for operational sustainability, as well as greater unrestricted funds for unmet needs and impact investing.
- Transforming philanthropic and nonprofit spaces supporting adaptive work improving our community.
“As community foundations find solutions for communities large and small, urban and rural, it is the collective work of these organizations that will have the most profound impact,” the press release added.
Community Foundation Week was created in 1989 by former president George H.W. Bush to recognize the work of community foundations throughout America and their collaborative approach to working with the public, private, and nonprofit sectors to address community problems.