The Women’s Fund operates under the auspices of The Community Foundation of South Central Kentucky, whose mission is to encourage philanthropic giving for the positive impact upon the community for now and generations to come. The Community Foundation promotes philanthropy, builds and oversees a permanent collection of endowment funds, and serves as a trustworthy partner and effective steward in response to community needs and opportunities, while honoring donor intent.
WHO ARE WE?
The Women’s Fund is an initiative to bring women together for the purpose of “making a positive impact on the lives of women and children of South Central Kentucky, now and forever” by collectively funding significant grants to charitable initiatives with the same purpose.
WHAT IS A FUND?
The Women’s Fund is both a permanent endowment fund and a nonpermanent fund established to benefit women and children. The fund is managed and invested within the Community Foundation of South Central Kentucky. The permanent fund is building a legacy that will impact the lives of women and children in our area forever! The nonpermanent fund provides a significant grant to make an immediate difference in the community.
HOW ARE FUNDS GRANTED?
At the end of each grant cycle, an annual dinner of the membership is held, where grantee finalists are invited to make a presentation about their funding request. Each member of the Women’s Fund will cast one (1) vote in person or by proxy at the annual dinner. The recipient of the impact grant will be determined by majority vote of the fund members. The awards will be announced and awarded that day.
HOW TO BECOME A VOTING MEMBER INDIVIDUAL MEMBERSHIP
A woman who contributes $1,000 or more, paid in full during the fiscal year [July 1-June 30], receives one (1) vote per year.
A group of four (4) or less women who collectively make a donation of $1,000 or more, paid in full during the fiscal year [July 1-June 30], decides how they will cast their single (1) vote per year.
SHARED JUNIOR MEMBERSHIP
A group of eight (8) or less women under the age of 25 who collectively make a donation of $1,000 or more, paid in full during the fiscal year [July 1-June 30], decides how they will cast their single (1) vote per year.
One (1) individual contributes a total of $25,000. The individual shall retain one (1) vote per year for their lifetime and the membership may have one successor.
[Ask about membership payment options]
Gifts of any amount are appreciated and all who donate will be invited to the annual Presentation of Funds luncheon.
HOW CAN I BECOME MORE THAN A MEMBER?
Each year the advisory board appoints a grant committee, membership committee, and annual meeting planning committee. All committee members must be fund members and are asked to commit to serve for a minimum of 2 years. Let the advisory board know of your interest.
The Women’s Fund of South Central Kentucky Advisory Board assumes the responsibility of organizing and overseeing the solicitation of contributions to the fund, membership activity, annual meeting and grant making activities. The board serves in an advisory capacity to the board of trustees of The Community Foundation of South Central Kentucky with regard to all grants awarded from the permanent and nonpermanent funds.
2017-18 BOARD OF DIRECTORS
Jennifer Wethington | Executive Director
Page Beard | Chair
Cara Benningfield | Vice Chair
Sherrie Simpson | Secretary
Sandy Sealey | Treasurer