MESSAGE TO COMMUNITY
Dear Foundation Friends,
We hope you are informed by and enjoy The Jackson County Community Foundation (JCF) 2006 Annual Report. Since 1948, JCF has worked with donors to make a profound difference improving the quality of life of individuals in
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Trustees approved a record one million dollars in grantmaking, which was an unprecedented amount
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JCF, under the prudent guidance of the Finance Committee, exceeded investment targets, earning 11.8% in growth
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Donors exceeded more than $1.8 million in contributions
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JCF administrative costs were maintained at 1.75% of total assets
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The Jackson Legacy Program was launched with a vision of creating improved student success and financial support for those pursuing higher learning at local colleges and universities
By year end, 12 new funds were created. These included a gift from the Mary Heglund Estate, which will assist in perpetuity meeting community need through unrestricted grantmaking. Ms. Heglund’s generous gift will provide much needed funding for a variety of community programs into the future. Another fine example is that of John and Jean McCluskey, who were the founding donors for the Jackson Legacy Program. The McCluskeys wisely used the option of the IRA Charitable Rollover, which is only in effect for 2006 and 2007. This was their opportunity to demonstrate their support for the value of education. We also play key roles in community initiatives, such as Health Care For All and Project Access. The Health Care for All committee strives to improve the health of
As you peruse this report, please take note of all JCF does to improve the quality of life in our community. We are proud of our work in helping donors connect to the causes they care most about. It is an honor to award unrestricted grants based on our wealth of community knowledge.
Thank you for being a part of improving the
Jim Grace, Board Chair 2005 - 2007
Kevin Lavery, Board Chair 2007-2008