Community Foundation of the Virginias 2023 Annual Report

HIGHLIGHTS FOR 2023

New Funds:

• The Bailey Fund for the Historic Crab Orchard Museum was established from the estate of Betty Bailey to support the museum. • The Garton-Butler Scholarship Fund was established by Deborah Garton and Fred Butler for graduating seniors who will be attending college or vocational training with special attention given to those interested in a career in law enforcement. • The Vain Colby Rising Star Scholarship Fund was established in memory of Vain Colby to provide scholarship assistance to students pursuing a career in performing arts through post-secondary study at a liberal arts college or a performing arts academy. • In 2023, a record total of $616,005.11 for grant funding was awarded by the Foundation Board of Directors for applicants and donor advised funds, donor designated funds and pass-through funds. • The Board also approved 199 scholarship awards for 129 area students that totaled $419,000.00 • The Foundation awarded $1,035,005.11 in 2023, a record total for a single year. Officers Julie Johnson, President Gene Bailey, Vice President Mary Jo Babbitt, Secretary Melinda Testerman, Treasurer Staff James H. “Smokey” Shott, Executive Director Rebekah Ritter, Administrative Assistant Accountant Brown, Edwards, & Co., L.L.P. Trustee Banks First Community Bank = Summit Community Bank = Truist Member Chamber of Commerce of the Two Virginias Tazewell Chamber of Commerce Philanthropy West Virginia Council on Foundation

Grants and Scholarships: