Blog
5 Ways To Make Your Grant Proposal Stand Out
Date: August 14, 2015 By Stephanie Calway Category: Blog Category
With our 2016 Spring Grant Cycle coming up soon, we wanted to provide potential applicants with some ways to make their applications stand out. The following are some of the things our Grants Committee looks for when making funding decisions: 1. Tell us about a specific program or project that you're hoping to implement or to continue to implement. We like to be able to track the results of our grants and see how they're making a direct impact on our community. Therefore, we typically prefer to fund programs and projects of an...
3 Reasons Your Nonprofit Should Start an Endowment Fund with SEVACF
Date: July 28, 2015 By Stephanie Calway Category: Blog Category
An endowment fund is a fund that is restricted, meaning that only a small percentage of the money in the fund may be used each year. Currently, the Southeast Virginia Community Foundation's spending policy allows 4% of endowed funds to be spent annually. If a nonprofit has an organizational endowment at SEVACF, they are given the choice to receive their full spending allotment for the year at once, take only a portion of their spending allotment, or have the allotment roll over to the following year. Such a fund can benefit nonprofits...
Board Member’s Company Selected as Suffolk Top Small Business of the Year for 2015
Date: July 7, 2015 By Stephanie Calway Category: Blog Category
We were thrilled to see that Korving & Company, LLC was selected as the Top Small Business of the Year in Suffolk for 2015 by the Chamber of Commerce! Stephen Korving, co-founder of the company, joined our Board of Directors this past November and is managing money for not only those in our community, but for many people across the country and the world. The Inside Business article paints a picture of what he and his father have done and continue to do at Korving & Company: With more than four...
Dozens of Students Honored at Scholarship Reception
Date: June 30, 2015 By Stephanie Calway Category: Blog Category
On June 16, 2015, the Southeast Virginia Community Foundation and the Beazley Foundation cohosted their annual Today's Scholars & Tomorrow's Leaders Scholarship Reception for this year's scholarship winners. The event was held at the Virginia Sports Hall of Fame in downtown Portsmouth, where dozens of high school graduates were recognized for their outstanding academic accomplishments. The recipients, their parents, the board and staff for both organizations, the scholarship donors, and even Mayor Wright of Portsmouth all gathered together for a meal and to celebrate the occasion. The dinner was served buffet...
7 Ways Community Foundations Increase Philanthropic Efficiency
Date: June 8, 2015 By Stephanie Calway Category: Blog Category
As public charities, community foundations offer the highest level of tax benefits for giving. And, we let you personalize your gift and contribute to building a stronger community. Gifting your community foundation with cash or stock by creating a new fund or adding to an existing one will increase both your tax benefits and your opportunities to give back. Having a donor-advised fund with us lets you target the many different areas of need in our community, rather than choosing a single cause. Suppose you want to feed the...
