When the Good Samaritan Society of Stillwater needed gas money for the vans it uses to take patients to appointments and on shopping trips, the Stillwater Area Foundation [SAF] filled the need.
In 2010, the foundation also made a sizeable contribution to Lakeview Hospital's Born to Read program, and it helped pay for a picnic for school crossing guards. Members of the two-year-old foundation reached into their own pockets to make the $6,000 in grants.
Now, as foundation members prepare to award another round of grants this spring, again using their own money, they are kicking off a campaign to promote philanthropy and asking donors to help them establish an endowment that will be used to help nonprofit organizations.
"We hope to build a pool of funds that will give us flexibility and the agility to meet needs today and tomorrow," said SAF Chairwoman Jill Greenhalgh. "We would love to be a catalyst if a new need arose in the community. If an organization loses its funding, we want to be there to fill the gap."
The campaign is aimed at both individuals and businesses that would make annual contributions.
The money would be invested, and the foundation would use 5 percent of the interest to make grants, said Jane Stevenson, president of the St. Croix Valley Foundation, a network of foundations that work to foster philanthropy in Washington and Chisago counties in Minnesota, and in Pierce, Polk and St. Croix counties in Wisconsin.
"I think they would like to give away $1 million a year," Stevenson said. "They want to be able to fill all the needs of nonprofits in the Stillwater area."
The St. Croix Valley Foundation was founded in 1995. It has seven affiliated chapters, including the Stillwater Area Foundation. Each chapter serves a specific community or area.