Foundation receives matching funds

Thursday, January 29, 2009

The generosity of the Cassville community paid extra dividends this week as the Community Foundation of the Ozarks (CFO), based in Springfield, announced it would be increasing its match of local funds raised through the Harry Cooper Challenge.

During the last two months of 2008, the Cassville Community Foundation launched a very successful fundraising drive that exceeded the organization's initial goal of $25,000, which was the amount CFO officials said would be matched dollar for dollar. In all, Cassville area businesses and individuals donated a total of $32,110 to the effort.

A list of individual contributors can be found on page 19 of this week's newspaper.

On Monday, Gary Funk, CFO president, made a trip to Cassville to present Cassville Community Foundation board members with a check for $28,250, which was $3,250 more than the organization was expecting to receive through the Cooper Challenge.

The money raised by the local Foundation, which is an affiliate of CFO, will go into the local grantmaking endowment fund, which is used to support local nonprofit organizations and efforts. That fund has nearly tripled and now stands at over $100,000 thanks to the local community's willingness to give.

Last month, the Cassville Community Foundation gave out a total of 10 grants, ranging in size from $200 to $500, to local nonprofit groups. In the coming weeks, the Foundation board will be announcing application guidelines for the 2009 grant cycle.

The Harry Cooper Supply Company Campaign for the Ozarks, known as the Cooper Challenge, was a dollar-for-dollar challenge grant offered in partnership with the CFO and its local affiliates.

The Cassville Community Foundation is one of 40 regional affiliates that operates under the CFO umbrella. Local board members include: Landon Fletcher, Susie Jacobs, Phil Hutchens, Mike McCracken, Dennis Baker, Angela Seymour, Gary Fields, Jerry Marple and Dan Angel. Amy White serves as the Foundation's secretary.

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