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We
make it easy to be a philanthropist!
The concept
of the community foundation is simple but practical. It provides
a vehicle to build, over time, substantial endowed funds through
contributions both large and small and put them to work in
this area.
Assets are made up of
many separate endowments called "funds". Although funds are usually pooled
for investment purposes, each retains its separate identity
for financial accountability and grantmaking purposes.
Such
a "community" foundation enjoys economies of scale,
offering the affluent and modest donor alike the professional
administration of a major institution.
History
and Mission
The
Levelland Area Endowment was created in 2006 as the first
regional affiliate of Lubbock Area Foundation - the Community
Foundation for the Texas South Plains. The Levelland
Area Endowment is dedicated to improving the quality of life
in Hockley County.
The
Levelland Area Endowment is an instrument for philanthropy. Donors do not so much give
TO the Levelland Area Endowment as THROUGH it. Donors can support the broadest
array of philanthropic organizations and causes through the
Levelland Area Endowment, using a wide variety of assets. Permanent
endowment funds can be established for as little as $5000.
- We
help donors establish philanthropic funds to perpetuate
their values.
- We
build endowments that will grow and benefit this area forever.
- We
help donors create personal charitable legacies.
- We
provide a way to fulfill multiple charitable interests with
one gift.
- We
can accept a wide variety of assets.
- We
ensure that the donors charitable intent will be honored.
The
Levelland Area Endowment provides opportunities
for donors to achieve their varied philanthropic
goals, invest contributed funds prudently, and serves as a responsible
steward for the charitable gifts of individuals, families and
organizations.
Through
our grant making
program we are able to provide area non-profits
with much needed assistance for programs and operations.
Advisory
Board
The
Levelland Area Endowment is advised by a committee of
Levelland and Hockley County community leaders representing a
broad array of community interests. This committee is
responsible for promoting the benefits of the Levelland Area
Endowment in the community, raising funds for it, establishing
guidelines for grants and recommending grantees.
Levelland
Area Endowment Advisory Board
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