Information for fundholders goes out soon; ATDs are up!

Year-end 2012 fund statements and documents explaining the 2013 grants process are currently being prepared and will be sent in mid-February.

Always of interest to NCCF fundholders is the available-to-distribute or ATD. With the standard community foundation method that averages the last 12 quarters, ATDs are always subject to the whims of the financial markets. With the 2008-2009 financial crisis, some extremely weak quarters were factored into prior ATDs. The two quarters from the depth of the recession, including the market’s low point, have finally been eliminated from our 12-month averaging, according to John Hartley, NCCF finance director. He reports that 95.5% of funds administered by NCCF will enjoy increased ATDs in 2013, compared to 45.6% in 2012. These increases will range from five to seven percent in 2013.

Community grantmaking season to begin

It’s February, so that means that community grants cycles begin for several of our affiliate foundation partners. 

Community grants cycle calendars are available on our website in two versions: both by the opening dates of each cycle and also alphabetically by affiliate name.

The online grantmaking process for both applicants and reviewers enters its third year.  

NCCF invests in improvements to the system each year. New for applicants in 2013 will be easier access to profile updates, passwords and organizational information, according to Patrick Callahan, NCCF manager of information technology. “The updated program is just a lot cleaner and more intuitive,” he said. “Improved navigation throughout the application section will make the process much easier for our grant seekers,” he said. Historical information entered into the system during last year’s grants process will again be retrievable.

Grant reviewers also will see a few improvements in the upgraded online system. Callahan says the improved navigation will allow for easier application searches. The platform is also designed to allow for the addition of new and useful review tools in the future. 

NCCF remains committed to making the community grantmaking process as easy and seamless as possible. Online tools for grant seekers are available now. Updated grant reviewer tools will be posted soon. In addition, grant-seeker workshops will be held in many of the counties we serve throughout the state. These will be announced on our website, via our social media outlets and also in local news media.

Scholarship season is set to start in February

Scholarship season also begins in February. Complete details will be available by Feb. 1, so please check out our website then, when tools and current application information will be posted. Deadlines range from February to early June. 

NCCF continues to solidify our reputation for expert scholarship administration. Leslie Ann Jackson, NCCF program associate for scholarships and grantmaking, is excited about some new programs that were recently introduced and in the works. 

One is a Scholar Spotlight featuring profiles of scholarship recipients posted on the NCCF website. This feature runs periodically throughout the spring and summer as scholarship recipients are named. Another program in the works will focus on first generation college students. More than 100 NCCF scholarship recipients are first-generation students.

“Our goal is to continue our strong program of scholarship administration, and at the same time increase recognition and support of these young people who are the future leaders of our state,” Jackson said.

Bingham receives Lewis R. Holding Award

Hugh Bingham received the Lewis R. Holding Philanthropic Leadership Award for 2012, according to James W. Narron, chairman of the board of directors of NCCF.

Bingham was honored at the NCCF’s board meeting in December for his instrumental leadership as a member of the board of advisors of the Moore County Community Foundation, an affiliate of NCCF.

Carmen Holding Ames presented the award to Bingham at the board meeting. The award was established to honor her late father, Lewis R. Holding, who founded NCCF in 1988. The leadership award is presented by the NCCF statewide board to an affiliate foundation president or board member who has demonstrated exceptional leadership resulting in outstanding growth for the affiliate.

Bingham has been a banker for 20 years, spending the last eight with First Bank, where he is regional executive and senior vice president. He joined the Moore County Community Foundation in 2007 and became president of the board in 2009, when he established the goal to double the affiliate’s community grantmaking fund, which was accomplished a year later. He has been instrumental in bringing new endowments to the affiliate and increasing gifts.

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