Five new nonprofits will join the Scioto Foundation’s fall campaign to raise funds for their new endowments during the fifth year of the Scioto Gives matching gift program. Catholic Social Services, the CAO Dental Clinic, Scenic Scioto Heritage Trails, Inc., Compass Point Housing and Time Out for Me will bring 2017’s total participants to thirty-five organizations which will seek donations in the one-day appeal on Thursday, October 19 from 8 am to 8 pm.
The Scioto Foundation has set aside $30,000 for the 2017 matching funds. Contributions will be received on the Scioto Foundation website, www.sciotogives.org, by a simple procedure. Using the pull-down menu on the website, donors can select their charity and the amount they wish to give, list credit card information and press “donate.” Each participating nonprofit is profiled with its mission and community activities on the Scioto Gives website for viewing by interested potential donors.
Donors also may drop off checks at the Foundation office at 303 Chillicothe Street in Portsmouth or transfer stocks during the designated twelve-hour period on October 19. The matching amount each nonprofit will receive will be determined after all contributions are received. Award amounts will be announced during a reception at the Portsmouth Welcome Center from 5:30 – 7:30 p.m. on November 2. All donors and nonprofit representatives are encouraged to attend; they will join the recipients of grants awarded through the Scioto Foundation’s new Scioto 365 community development initiative for an evening celebration.
In its first four years, Scioto Gives has raised $355,000 for participating local nonprofit organizations and the Scioto Foundation has offered a match of $105,000. The average match ratio for that period has been .48/$1 and the number of participants has grown from 16 to 30 through 2016 with 11 new nonprofit endowment funds established at the Scioto Foundation.
“The Scioto Foundation is pleased again to offer Scioto Gives 2017. With 35 participating organizations this year, we hope to see a record number of donors and funds raised. Good luck to all the participating nonprofits!” said Kim Cutlip, SF Executive Director.
Last year’s campaign brought in contributions totaling $64,341 which, combined with the Scioto Foundation’s $30,000 match, raised $94,341 for local nonprofits’ invested endowment funds.
The other 30 nonprofits repeating their participation in the Foundation’s 2017 Scioto Gives program include the Southern Ohio Museum, Sierra’s Haven, Community Services for the Deaf and Hard of Hearing Program, Portsmouth Area Arts Council, Simon Kenton Council Boy Scouts of America, Friends of the Scioto County Homeless Shelter (Operation Safety Net), the 1810 House, the Southern Ohio Performing Arts Association, The Counseling Center, Southern Ohio Medical Center, South Central Ohio Educational Service Center, Friends of Scioto Developmental Disabilities, Main Street Portsmouth, the Portsmouth Beautification Society, Shawnee Mental Health, Connex, the Steven A. Hunter Hope Fund, Portsmouth STEM Academy, Scioto County Habitat for Humanity, the UCAN program, the Ohio Valley Chapter of the American Red Cross, Portsmouth Little Theatre, Portsmouth Wind Symphony, Potter’s House Ministries, the Animal Welfare League, Goodwill Industries, United Scioto Senior Activities, Inc.,
Hillview Retirement Center’s Educational Fund, Friends of the CAY Endowment Fund and United Way.
SCIOTO GIVES is designed to establish new partnerships between local NPOs and the Scioto Foundation as it assists the nonprofits with their annual membership drives and helps smaller grass roots NPOs accept on-line gifts. The program also demonstrates that one-line giving is easy and encourages donor gifting because of matching dollars.
To participate in the SCIOTO GIVES program, all organizations must be 501(c) 3 nonprofits and have an organizational endowment with the Scioto Foundation. All participating organizations must actively promote and encourage their donor base to take part in SCIOTO GIVES and must attend the reception following the one-day campaign to celebrate the success of SCIOTO GIVES.
Creating an endowment with SF can bring nonprofit organizations numerous benefits, according to Cutlip.
“Endowment funds provide for safe and stable investments of funds and offer a method of steadily growing an organization’s funds,” said Cutlip. “An endowment fund is also an acknowledgment of an organization’s value to the community, and it encourages an increase of donor support through opportunities for memorials and special gifts. It also establishes a solid financial base for the future.”
Further information about the SCIOTO GIVES program may be obtained by contacting Cutlip or Scioto Foundation Donor Services Program Manager Patty Tennant at (740) 354-4612.
SCIOTO GIVES is patterned after two highly successful similar programs, Erie Gives, created by the Erie, Pennsylvania Community Foundation and Match Day, established by the Columbus Foundation.