Jane Powell has a conversation with Stephanie Tyree, Executive Director of WV Hub. They discuss the Hub’s statewide work to create economic development opportunities in small rural communities.
Jane Powell has a conversation with Margaret Taylor, Director of YWCA’s Sojourner’s Shelter. They discuss the services provide by the YWCA for Charleston’s homeless women and families.
MORGANTOWN, WV – As defined by Webster’s Dictionary, “Philanthropy is a desire to help humankind, especially as shown by gifts to charitable or humanitarian institutions; benevolence”.
Currently, Philanthropy West Virginia is accepting applications through August 5, 2016 for The 2016 West Virginia Spirit of Philanthropy Awards program, West Virginia’s premier award for philanthropy.
“In West Virginia, philanthropy is not just about making a donation to a local charity, but giving that creates action that changes root causes of our society’s challenges. In the midst of the tragic flooding, we have seen many citizens giving, leading, and doing things to transform communities and rebuild. We are fortunate to have people, organizations, foundations, and businesses that exemplify philanthropy and improving our society in the Mountain State”, says Paul D. Daugherty, president and CEO of Philanthropy West Virginia.
Daugherty adds, “Philanthropy WV welcomes the nominations of these exemplary individuals, organizations, businesses, foundation staffers, and impact programs/projects for the 2016 Spirit of Philanthropy Awards.” The Deadline for Nominations is August 5, 2016.
The 2016 Spirit of Philanthropy Awards includes three main award types: the Critical Impact Award, the Volunteer Leadership Award, and the Staff Leadership Award. The awards will be formally awarded on October 27, 2016, at the Philanthropy West Virginia Annual Conference in Huntington, WV.
Critical Impact Award
The Critical Impact Award celebrates local grantmaking and collaborative programs/projects that have changed lives and communities for the better. Both larger and smaller grant projects will be considered for the award. (Projects must demonstrate bold vision, strategic initiative, innovation and sustainability).
Volunteer Leadership Award
The Volunteer Leadership Award honors an individual who has exhibited an extraordinary commitment to philanthropy in the state of West Virginia. The individual must excel in his or her role as an individual philanthropist through their personal giving, company/corporate philanthropy, engaging others to give, and/or advising/serving as a board member of a foundation/philanthropic organization.
Staff Leadership Award
The Staff Leadership Award honors an individual staff member of a family, private, community, public, corporate giving program or foundation that exhibits an extraordinary commitment to philanthropy in the state of West Virginia.
To nominate deserving individuals, organizations, and/or programs for the 2016 Spirit of Philanthropy Awards, please visit www.philanthropywv.org deadline of August 5, 2016. Philanthropy WV welcomes all nominations for businesses, foundations, organizations and individuals that are leaders of philanthropy in West Virginia that have positively impacted their communities.
Founded in 1993, Philanthropy West Virginia is the state leadership organization for organized philanthropy that serves the trustees/board members, CEOs, staff, and volunteers of community, private, family, and corporate foundations, giving programs, and individual philanthropists. Our mission is “Strengthening Philanthropy in the Mountain State”. For more information, visit: www.philanthropywv.org.
Paul D. Daugherty, President & CEO
email@example.com or 304.517.1450
Receiving a scholarship from TGKVF and having the opportunity to renew it annually helped me with my ultimate goal of paying my way through college without taking out loans. After graduating with an Accounting degree from WVU this past May, I was able to move across the country to California; a place I’ve always been intrigued with. I would never have been able to embark on this adventure if I was locked down with student debt. Scholarships from donors like TGKVF were extremely helpful in assisting me with staying debt free. As of now, I plan on starting my career with Alliant Insurance Services as an Accounts Receivable Clerk. I am very excited to see where my determination and work ethic takes me.
Community economic development is The Greater Kanawha Valley Foundation’s newest priority area. This priority area addresses the “economic disparities and lack of a diverse economy” root cause that was identified during the organization’s strategic planning process.
Community economic development can be defined as the actions taken by an organization or a group of organizations representing an urban neighborhood or rural community in order to:
1. Improve the economic situation of local residents (disposable income and assets) and local businesses (profitability and growth); and
2. Enhance the community’s quality of life as a whole (appearance, safety, networks, gathering places, and sense of positive momentum).
Community economic development is both people-based and placed-based, which means that individuals, families and communities are positively impacted. Individual and family impact encompasses increasing the economic standard of living for low-wealth persons in low-wealth neighborhoods. This includes increasing residents’ discretionary income (income available after paying necessities) and wealth (assets and savings).
Community impact encompasses rebuilding the prosperity and livability of an entire community for the benefit of existing residents and businesses. This can include rebuilding the community’s social fabric through economic means such as:
Creating new community gathering places — restaurants, childcare centers and coffee shops.
Strengthening community pride and confidence through continual visible improvements.
Providing long-term stability and affordability through local ownership of businesses and properties.
Generating inspiring new role models through local entrepreneur development and career development.
Community economic development differs from development projects led by the private or public sector alone. As mentioned above, it is multi-purpose, with desired individual and community impact, as well as financial returns. Traditional economic development is solely focused on financial returns. Furthermore, community economic development has a long-term focus within one targeted area, versus moving on after a project or two.
Additionally, community economic development is carried out in accord with a plan of ongoing, multiple projects and goals, created and controlled by residents, businesses and institutions. Finally, CED involves smaller-scale solutions versus the large-scale solutions of traditional economic development.
Community economic development focuses on four pivot points, which may operate as economic engines for family and community impact. These are the four most common and potentially powerful approaches that groups can use to change the economy of their community:
1. The community’s workforce.
2. Job opportunities.
4. The commercial district.
These pivot points are crucial to local economies and are often used as primary strategies.
The large number of unemployed and underemployed residents in low-wealth communities is a major economic problem.
These residents face many challenges, including the lack of work skills, networks and support necessary to obtain and retain steady employment. Workforce development and placement in jobs with livable wages and advancement opportunities, usually lead residents on the best path to economic stability. Community economic development initiatives can work to increase the number of residents in these types of employment opportunities.
There are particular types of expanding businesses that grow a steady stream of entry-level jobs that pay livable wages with some benefits and the possibilities of career advancement.
Community economic development initiatives are tasked with identifying these opportunities. Initiatives can work to attract these businesses to their community and assist in the elimination of barriers to their growth.
Businesses with five or fewer employees are referred to as “microbusinesses.” Microbusinesses in low-wealth communities often lack the resources that they need to thrive, including access to capital.
If supported, these businesses can generate significant economic activity in a community. Owners can serve as role models and inspire others. They can also work to restore life to vacant storefronts. These businesses can bring goods and services to the community and create jobs. Most of all, their efforts can spark positive momentum in a community. Community economic development initiatives can find and support microbusinesses which are certainly assets to their communities.
Commercial district revitalization is critical for low-wealth communities. The “Main Street” in a community represents its “face.” It is this street that forms the perceptions (good or bad) of a community. These perceptions often lead to a community’s reality. Deteriorating commercial districts are undesirable for customers and businesses. Therefore, commercial district revitalization in low-wealth communities is critical and presents another opportunity for development initiatives.
A diversity of investors and actors are needed to rebuild an economy. Organizations engaged in community economic development are only one set of actors, and the Foundation is only one investor. The Greater Kanawha Valley Foundation will work to attract other actors and investors to address the economic disparities and diversification needs in our region.
Michelle Mickle Foster is president and CEO of The Greater Kanawha Valley Foundation.
– See more at: http://www.wvgazettemail.com/gazette-op-ed-commentaries/20160731/michelle-mickle-foster-new-target-at-greater-kanawha-valley-foundation#sthash.94gNU6Ve.dpuf