What is the Saginaw Community Foundation and what do we do?
The Saginaw Community Foundation (SCF) is a tax-exempt charitable organization created by and for the people of Saginaw County. Established in 1984 with an initial grant of $50,000 by the Junior League of Saginaw Valley in celebration of its 50th anniversary, SCF enables people with philanthropic interests to easily and effectively support the issues they care about—immediately, or through their wills. SCF is one of 800 community foundations nationwide classified as a public charity under Section 501(c)(3) of the Internal Revenue Code.
Unlike a private foundation, SCF’s assets come from any number of individuals, corporations, foundations and organizations interested in improving the quality of life in our community. These gifts range in size and purpose, depending upon the interests of individual donors. Some funds are given for specific charitable purposes; others are unrestricted so they may be used to meet the changing needs of our community.
Who administers the Saginaw Community Foundation?
SCF is currently governed by a 20-member Board of Directors who are nominated by the SCF Nominating Committee and approved by the Board of Directors. The directors are chosen for their broad community knowledge and representation. We also have youth representation on the board who are nominated by the FORCE Youth Advisory Committee. Our board members receive no compensation for their service.
For good. For ever.
SCF is in the business of building community, now and for the future. We started in nearly thirty years ago with an initial grant of $50,000 and by the end of 2015 our assets have grown to $57.3 million. Last year, we awarded more than $1.8 million in grants and scholarships to help make Saginaw County a better place to live, work and play.
For more information and ideas on ways to integrate your financial planning with charitable giving and leave a lasting impact on our community, ask your financial adviser or contact Brian Jackson, director of donor services & special initiatives at (989) 755-0545 or via email at email@example.com.