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The Community Foundation of the Ozarks has released its 2007 Annual Report detailing a record breaking year of service to Ozarks communities. The Foundation exceeded one-hundred-thirty-five-million dollars in assets. KSMU's Joe Morgan has more.
The Community Foundation of the Ozarks is dedicated to asset development, fund stewardship, and thoughtful grant making. That is exactly what it accomplished in the 2007 fiscal year. The organization had a record number of funds established with 183. It also recorded its second highest year in contributions totaling 17 million dollars. President and CEO of Community Foundation of the Ozarks Gary Funk says that these numbers show how much support the Foundation receives.
Funk says that the Foundation was particularly proud of what was done in 2007 for areas outside of Springfield.
Funk credits the unveiling of a new program in 2007 to the high numbers in the report.
He also says the Foundation works directly with over 40 regional community foundations to help out wherever it can outside of the Springfield area.
The Community Foundation of the Ozarks has distributed more than 40 million dollars in grants since its inception in 1973. Funk says the Foundation is already working hard to surpass the 2007 numbers next year by establishing resources to help its grant making program. For more information about CFO, there will be a link to their website along with this story on ksmu.org. For KSMU News, I'm Joe Morgan.