We’d like to welcome this first group of new funds to kick off the Community Foundation’s new fiscal year.

The Hartville R-II School District established The Hartville Teacher’s Support Fund so that each teacher will have first day of school classroom funding. Hartville is a new Agency Partner in the education category.

The newly formed Hartville School Foundation established a fund to support the programs and projects of the Hartville R-II School District. The Foundation also becomes a new Agency Partner in education.

A group of Ozark women established the Neighbors Helping Neighbors Fund. Lisa Engel, Shirley Wikander, Linda Thomas, Ginger Holzer and Jeanette Hipskind established this fund to assist them as they hold fundraisers to help make the Ozark community a better place to live. This fund is part of the Finley River Community Foundation.

The Missouri Medical Assistance Program Fund will support the mission of the Missouri Medical Assistance Program to assist low-income individuals and families within the community who need  immediate assistance with their medical bills and debt. MOMAP is a new Agency Partner in the health category.

The Greater Ozarks Audubon Society established The GLADE Fund to support the GLADE project and student conservation projects of students who have participated in GLADE. This is the group’s second fund.

The Rotaract Club of Springfield Fund has been established to provide an endowment to support  charitable activities and programs in the area. Rotaract is the Rotary organization for members under the age of 30.

As the Community Foundation’s fiscal year closed on June 30, a record number of 231 new funds were established throughout the year.

We’d like to welcome this latest group of new funds established since mid-June. Watch the website during the coming year for future acknowledgements of our growth in planned-giving and capacity-building funds.

Beshore Family Foundation – Lance and Sharon Beshore of Carthage established this family and community fund with the Community Foundation of Southwest Missouri to assist them with their charitable giving.

John & Betty Brecht Endowment Fund for United Methodist Church in Clinton – Betty Brecht established this designated endowment fund to benefit the United Methodist Church in honor and memory of her late husband, John. Mrs. Brecht also established the John & Betty Brecht Endowment Fund for Clinton Arts Council in honor and memory of John. These are component funds of the Truman Lake Community Foundation.

Community Support Services of Missouri Fund and Community Support Services of Missouri Endowment Fund – These funds were established by Community Support Services in Joplin to help fund the organization’s work with children and adults with developmental disabilities. These also were established with the Community Foundation of Southwest Missouri. We also want to welcome Community Support Services as a new agency partner in the social services category.

Billy Coyle Leadership Fund – Bill Coyle established this designated endowment fund to provide a student leadership award to the Conway School District. The student must demonstrate traits and qualities of a leader or have been involved in laboratory opportunities for leadership. Preference will be given to students pursuing higher education as a science teacher, then in the science field and then in law enforcement.

Dallas County Pet Outreach Program Fund – This capacity-building fund will provide for the needs of animals in the Dallas County area, such as spay/neuter services, animal medical bills, and improved living conditions. A component of the Dallas County Community Foundation, the program also will join the CFO as a new agency partner in the environment/animals category.

The Gary Funk Running Jenny Fund for Rural Schools – This Field-of-Interest Fund was established to honor and commemorate outgoing CFO President Gary Funk’s service to the Foundation. Grants from the fund will be used to assist rural schools and education.

Meramec Regional Community Foundation Community Grantmaking Fund – This unrestricted endowment fund will support long-term grantmaking for the Meramec Regional Community Foundation. The Meramec Regional Community Foundation also established a Capacity-Building Fund to provide dollars for grantmaking in the area.

Tri County Pregnancy Resource Center Fund – The newly established Tri County Pregnancy Resource Center established this capacity fund to help support its mission. This component of the Aurora Area Community Foundation also joins the CFO as an agency partner.

West Plains Agriculture-Science Building Fund – The West Plains R-7 Educational Foundation established this capacity-building fund as a component of the Community Foundation of West Plains to support an agriculture-science building project.

EMH at West Plains High School Fund – Haley Bray and Kathy Miller, along with the West Plains R-7 Educational Foundation established this capacity-building fund to support the Educating the Mentally Handicapped program at the high school. This is also a component of the Community Foundation of West Plains.

The Community Foundation today announced the creation of the CFO Cultural Investment Fund, a revolving low-interest loan program to help Springfield-Greene County arts and cultural organizations pay advance costs for performances and exhibits.

The CFO Cultural Investment Fund will offer loans of $1,000 to $20,000 to non-profit groups to help cover the down-payment costs associated with booking major performers, shows or exhibits. The loans, which will carry a 4 percent interest rate, are designed to be re-paid by ticket proceeds, sponsorship funds, or other income raised by the event.

“Managers of our local arts and cultural venues have said that the lack of capital to pay the up-front costs required in many of these contracts impedes their ability to book major regional or national shows,” said Brian Fogle, executive vice president of the Community Foundation.

In fact, the City of Springfield’s Arts, Culture and Tourism Strategic Planning Committee also plans to identify this issue as one of its goals for enhancing arts and culture offerings in Springfield, he said.

The community arts leaders who serve on the CFO’s Arts Programming Sustainability Initiative committee will review and approve all applications. The Fund will be open to all eligible Springfield-Greene County 501(c)3 agencies, but each participant will be required to make a one-time investment of $2,500 into the fund in order to submit applications. The CFO’s initial investment will be $50,000.

The Cultural Investment Fund is the second component of the CFO’s Mission-Related Investment Program. The CFO Board of Directors created this program in 2009 to commit up to 2 percent of the CFO’s assets for community investment. The program represents the CFO’s commitment to the “double-bottom line” of investing in enterprises that produce both financial and social returns for Ozarks communities, instead of investing assets solely in financial markets.