Tucker County Economic & Community Development Fund
The Tucker County Economic & Community Development Fund, established in 2014 with matching contributions from the Tucker Community Foundation, supports charitable economic development initiatives in Tucker County, including job creation, job retention, and improvements to the business climate.
TYPE OF FUND: Designated
DATE ESTABLISHED: 2014
PURPOSE: The fund shall be used and distributed for the purpose of the charitable economic development of Tucker County. This includes activities related to job creation, job retention, and general improvements to the business climate of the area.
DISTRIBUTION: Upon the recommendation of the TC ECD Grants Committee and approval by the Board of Directors of TCF.
The TC ECD committee shall consist of seven members, including but not limited to a member at large and one representative from each of the following:
TCF Development Committee
TCF Grants Committee
TCF Executive Committee
Tucker County Planning Commission
Tucker County Development Authority
Tucker County Commission
The Foundation shall make distributions as outlined in the Foundation’s general policies. Upon recommendation of the Fund Advisors, the distribution may be reinvested in the fund.
VARIANCE POWER: If, in the judgment of the TCF Board of Directors, the restrictions and conditions of the fund become unnecessary, incapable of fulfillment, or inconsistent with the charitable needs of the community, the TCF Board of Directors maintains the right to modify the terms of this fund. Tucker Community Foundation has exclusive legal control over its assets.
FUNDING: Donations will be matched by Tucker Community Foundation $1 for $1 up to $5,000 to establish the fund. The first donor to the fund was Matt & Angie Shockley of Davis.
BACKGROUND: The fund was initiated on the recommendation of the 2013 Tucker Community Foundation Development Committee, which included Bob Dunkerley (Chair), David Cooper, Nancy Dotson, Kelly Stadelman, Beth Clevenger, and Anne Brown Wardwell. Staff members involved were Rob Burns, Executive Director, and Diane Hinkle, Development Director.
