January 25, 2021
Morgantown, WV – Your Community Foundation of North Central West Virginia, Inc. (YCF) announces the establishment of the Taylor County Children and Families Endowment Fund to support the organizational needs of the Taylor County Family Resources.
The income generated by the endowment will provide long-term sustainability for the Taylor County Family Resources’ operations.
Joseph Solberg, Taylor County Family Resources Board President said, “Taylor County Family Resources’ Board of Directors established this fund by setting aside $5,000, the interest of which will be used to fund our programs in the future. It is our goal to grow the principal of this fund to $10,000 by the end of 2021. We are asking the community to help get us there by matching our contribution with your donations of $5, $10, $20 or more. We can grow this fund to $10,000 and beyond!”
Cathy Coontz, Executive Director of Taylor County Family Resources added, “The programs this fund will support include hunger relief, child abuse prevention, substance abuse prevention and recovery efforts, and so many more wonderful programs targeted at strengthening individuals, families, and communities in our area.”
To donate to the Taylor County Children and Families Endowment Fund, please visit www.TCCFendowment.org. Contributions are also accepted by YCF and can be mailed to PO Box 409, Morgantown, WV 26507. Additional ways to contribute include gifts of stock, qualified charitable distributions from an IRA, naming YCF as the beneficiary in your life insurance policy or retirement plan accounts and including the Taylor County Children and Families Endowment Fund at YCF in your estate plans.
“Taylor County Family Resources is essential to the community. The Board of Directors is to be commended for their long-term financial planning to diversify income to support the organization’s important programs. Our hope is the community also values the organization and will make a donation to the Taylor County Children and Families Endowment Fund,” said Patty Showers Ryan, YCF President.
In FY2020, TCFR served 2,141 families totaling 12,556 individuals. This number includes pantry visits, programs and events. TCFR also leveraged $258,947.50 in grant dollars through grant-writing and collaboration and immeasurable amounts through donations and in-kind contributions and volunteerism.
Founded in 2008, Taylor County Family Resources serves the otherwise unmet needs of Taylor County’s families. “Family Resource Networks” (FRNs) exist all around the state, but each is responsive to the needs of its own community. If you would like more information about Taylor County Family Resources, visit their website at www.tcfamilyresources.org.
YCF’s mission is to promote philanthropy and build endowment funds to benefit our communities. Through financial resources, YCF extends many forms of assistance to qualified people, programs, and projects. Primarily serving North Central West Virginia, YCF’s underlying goal is always to enhance the quality of life for those the organization serves.
For more information, please visit www.ycfwv.org or call the YCF office at (304) 296-3433.