WEST PALM BEACH, FL (July 30 , 2013) -- The need for help never stops. There will always be new parents who need guidance to handle the stress of caring for their children. There will always be the determined work to keep children out of foster care so families can stay together, and there will always be someone who needs support as their life takes an unexpected turn.
|Mrs. JoAnn Sears, Families First Foundation Board President, with the Duque Family. Families First helped Mrs. Duque gain permanent custody of her grandchildren and helped her secure a new home.|
Knowing that help and support will always be needed in our community, Families First of Palm Beach County took a big step to ensure they will be around to help not only right now, but for generations to come.
Families First recently established an agency endowment fund at the Community Foundation for Palm Beach and Martin Counties. Just as community needs continue to present themselves, Families First is sustaining their future so they can address those needs and provide help to the people that need it most, forever.
“This is a giant step in solidifying our future in serving the community,” said Julie Swindler, LCSW, CEO of Families First of Palm Beach County. “We have grown tremendously over the last 23 years helping thousands of families, and I am thrilled to say we will be able to continue helping those who are in need.”
Agency endowments are established to provide a stable, predictable source of income for nonprofit organizations; demonstrating leadership’s planning for the future. When funds can be difficult to raise to support day to day operations, an endowment can be an important source of reliable income.
"We are so pleased to be joining the Community Foundation family,” said JoAnn Sears, Families First Foundation Board President. “They exemplify leadership, financial expertise, and community commitment - all qualities we value as we continue to grow the Foundation.”
The Community Foundation manages funds permanently endowed by donors for the benefit of a specific charitable cause. In the case of agency endowments, the cause is the organization itself. The Foundation’s strong investment oversight services allow nonprofit organizations to focus on their mission in perpetuity. This permanent pool of assets generates income and grows over time and, similar to a personal savings, it can provide a reliable source of additional income to support the activities of the nonprofit.
“Establishing an agency endowment demonstrates Families First’s commitment to support our community forever,” comments Danielle Cameron, CAP®, Vice President for Personal and Family Philanthropy at the Community Foundation. “The Community Foundation has supported Families First’s programs in the past and we are extremely pleased to partner with them in the future as they build their legacy.”
About Families First of Palm Beach County
Families First is helping families learn how to become productive and successful members of their community. It has established a 23 year history of ensuring families develop resiliency to crisis situations, learning how to increase and maintain social connections, and enhance the knowledge and implementation of parenting and child development skills. Families First staff works with each of its 1,000 families in Palm Beach County, teaching them how to create a safe, secure and nurturing environment for their children. Families who seek to build a better quality of life for their children benefit from the agency’s five diverse programs that provide a way to reduce barriers impacting family stability. For more information, visit www.FamiliesFirstPBC.org.
About the Community Foundation for Palm Beach and Martin Counties
As one of Florida’s largest community foundations, the Community Foundation works for Palm Beach and Martin Counties in multiple ways, playing multiple roles. For donors, the Foundation offers an effective way to manage giving by providing expert philanthropic advice rooted in a deep knowledge of our community and an array of philanthropic vehicles and services. For the community, the Foundation serves as a grant maker and a civic leader and awards grants to the region’s nonprofits to help meet community needs, fulfill donors’ philanthropic wishes and strengthen the nonprofit sector. Using local knowledge, networks, influence and creativity, the Foundation brings people together to improve the community’s quality of life now and in the future. Founded in 1972, the Foundation has total assets of more than $140 million and has awarded over $100 million in grants and scholarships in Palm Beach and Martin Counties.