Funds

ADDRESSING INDIVIDUAL AND COMMUNITY NEEDS

2017 Fund Distributions

The Amarillo Area Foundation develops and implements initiatives and programs to address individual and community needs. 

AGENCY FUNDS

Agency funds are those held for a specific nonprofit organization. When established as “endowed” funds, as is typically the case, the corpus is preserved by reinvesting quarterly earnings, or the agency may use the earnings based on the Foundation spending policy by taking quarterly or annual distributions. Agency funds that are not endowed allow use of fund principal in addition to income. The decision to reinvest or use quarterly earnings is established by the agency when the fund is created.

653760

Fund Distributions

FIELD OF INTEREST FUNDS

Field of Interest funds allow the donor or donors to instruct the community foundation to use available grant dollars in a certain program area such as education, health, youth, the environment, etc., with the Foundation or an advisory committee determining the specific recipient.

396297

Fund Distributions

UNRESTRICTED FUNDS

Unrestricted funds are discretionary funds established by individual donors through contributions or bequests. The Foundation’s Board of Directors has discretion to use these gifts as they deem appropriate, often for competitive discretionary grantmaking.

3419899

Fund Distributions

DONOR ADVISED FUNDS

Donor advised funds are established to enable charitable giving. Donors often treat these funds as designated charitable savings accounts.

1586840

Fund Distributions

DONOR OF DESIGNATED FUNDS

Designated funds (a.k.a. Donor Designated funds) are typically established by one or more donors and require that the Foundation distribute income from the funds to a particular charity or for a particular field of interest. Thus, a designated fund may be designed to underwrite a particular charitable venture or purpose.

1351855

Fund Distributions

SCHOLARSHIP FUNDS

Scholarship funds are typically endowed funds wherein investment income is used to fund scholarship awards. The application, selection, and award process is managed by the Foundation’s staff and a volunteer Scholarship Selection Committee; a small number of scholarship awards are selected by outside review committees.

1436039

Fund Distributions

Legacy Fund

2017 NEW LEGACY MEMBERS

$4,000,000

  • Mr. and Mrs. Pat White

$250,000

  • Mr. Chris Scharbauer

$200,000

  • Heal the City Free Clinic

$150,000

  • Mr. and Mrs. Trent Sisemore

$100,000

  • First Baptist Church of Perryton

$50,000

  • Mr. and Mrs. Scott Creech
  • Kelley Roofing

$25,000

  • Bradley Family Charitable Trust
  • Bob and Sally Jones Charitable Foundation
  • Ms. Melissa Limmer-Riola

$15,000

  • Mr. Mike Koehler
  • St. Mary’s Catholic Cathedral
  • Texas Dodge

$10,000

  • Amarillo Area Tennis Association
  • Chartwell’s Food Service
  • Farm Supply Service/
    Splash ‘n Dash
  • Mr. and Mrs. Bill D. Hill
  • Hilmar Cheese Company
  • Larry Richardson Farms
  • Moore County FCS Scholarship
  • Mrs. Helen Piehl
  • Raffkind’s
  • Mrs. Phoebe Reynolds
  • St. Andrew’s Episcopal Church
  • Mr. and Mrs. Lane Thompson
  • Tri-State Ford/Amarillo Hyundai

$4,000,000

  • Mr. and Mrs. Pat White

$250,000

  • Mr. Chris Scharbauer

$200,000

  • Heal the City Free Clinic

$150,000

  • Mr. and Mrs. Trent Sisemore

$100,000

  • First Baptist Church of Perryton

$50,000

  • Mr. and Mrs. Scott Creech
  • Kelley Roofing

$25,000

  • Bradley Family Charitable Trust
  • Bob and Sally Jones Charitable Foundation
  • Ms. Melissa Limmer-Riola

$15,000

  • Mr. Mike Koehler
  • St. Mary’s Catholic Cathedral
  • Texas Dodge

$10,000

  • Amarillo Area Tennis Association
  • Chartwell’s Food Service
  • Farm Supply Service/
    Splash ‘n Dash
  • Mr. and Mrs. Bill D. Hill
  • Hilmar Cheese Company
  • Larry Richardson Farms
  • Moore County FCS Scholarship
  • Mrs. Helen Piehl
  • Raffkind’s
  • Mrs. Phoebe Reynolds
  • St. Andrew’s Episcopal Church
  • Mr. and Mrs. Lane Thompson
  • Tri-State Ford/Amarillo Hyundai

Legacy Upgrades For 2016

$500K to $1M

  • Pattern Panhandle Wind LLC

$250K to $500K

  • CASA 69th Judicial District

$200K to $250K

  • Dale and Joan Coleman
    Charitable Trust
  • David D. and Nona S. Payne
    Foundation, Inc.

$100K to $200K

  • Mr. and Mrs. Bob Moore

$100K to $150K

  • Atmos Energy Corporation
  • FirstBank Southwest

$50K to $100K

  • Mrs. Mary Kay Dammier

$25K to $100K

  • Diabetes Foundation of the High Plains

$25K to $50K

  • Bruckner Family Foundation
  • Mr. and Mrs. Sam Lovelady

$15K to $25K

  • Mr. and Mrs. Tommy Bezner
  • Carol K Engler Foundation
  • Mr. and Mrs. John Nooncaster

$10K to $25K

  • Mr. and Mrs. Richard Brown
  • Blake Durham Scholarship Fund
  • Pantera Energy

$10K to $15K

  • Dr. John Bridwell
  • Mr. and Mrs. Butch Collard
  • Drs. Richard and Shirley Tucker

$500K to $1M

  • Pattern Panhandle Wind LLC

$250K to $500K

  • CASA 69th Judicial District

$200K to $250K

  • Dale and Joan Coleman
    Charitable Trust
  • David D. and Nona S. Payne
    Foundation, Inc.

$100K to $200K

  • Mr. and Mrs. Bob Moore

$100K to $150K

  • Atmos Energy Corporation
  • FirstBank Southwest

$50K to $100K

  • Mrs. Mary Kay Dammier

$25K to $100K

  • Diabetes Foundation of the High Plains

$25K to $50K

  • Bruckner Family Foundation
  • Mr. and Mrs. Sam Lovelady

$15K to $25K

  • Mr. and Mrs. Tommy Bezner
  • Carol K Engler Foundation
  • Mr. and Mrs. John Nooncaster

$10K to $25K

  • Mr. and Mrs. Richard Brown
  • Blake Durham Scholarship Fund
  • Pantera Energy

$10K to $15K

  • Dr. John Bridwell
  • Mr. and Mrs. Butch Collard
  • Drs. Richard and Shirley Tucker