Florence County Disabilities Foundation Endowment (2014)
Through vigorous fund-raising efforts, corporate partnerships, individual donations, and sales from five Pee Dee Thrift Shops, Florence County Disabilities Foundation serves about 1,300 special needs individuals in the Pee Dee. The Foundation’s board wanted to do more to be good stewards of the monies entrusted to them by the community. They were looking for a vehicle to make those funds work harder so a dedicated source of funding could be set aside for the future. In 2014, they looked to Eastern Carolina Community Foundation for a solution.
Using gifts and bequests given over the years, the Disabilities Foundation partnered with Eastern Carolina Community Foundation to establish an endowed agency fund to ensure that the needs of the community’s most vulnerable citizens will be met for years to come. “Establishing the endowment was an opportunity to take a big step forward,” said then executive director Walter Sparrow. “It was a simple process, and Eastern Carolina Community Foundation is making it simple, as well, for donors to support our work, now and in the future. We didn’t have the expertise to handle all the details of an endowment, so it feels wonderful to let Eastern Carolina Community Foundation do it for us.”
It’s a long-term “win-win-win” for the agency, community donors, and local special needs clients. “Now we can concentrate more fully on doing what we do best – serving the consumers of the Florence County Disabilities & Special Needs Board,” said Sparrow. “It’s our purpose for existing.”