Philanthropy in Bartlesville is evident.
Mary Martha Outreach recently received a $20,000 check from the Bartlesville Regional United Way and the Bartlesville Community Foundation as a part of the Planned Giving Challenge Grant.
Bartlesville Community Foundation and Bartlesville Regional United Way have partnered together to focus on Bartlesville’s nonprofit future. Together, they have been helping local nonprofit organizations build long-term sustainability by building endowment funds for their organizations. Their partnership is a strategic initiative to help organizations build a stronger future through estate planning.
As an added motivation for the Planned Giving Partnership Program organizations, BCF and BRUW launched a Planned Giving Challenge Grant in January 2015. Agencies in the challenge program are tasked with raising a planned giving challenge goal by March 2016. In the event that a challenge goal is successfully met, BCF and BRUW, will reward each agency with an unrestricted operating grant. Operating grants are rewarded on a $5 to $1 ratio. For example, if an agency has a $100,000 planned giving challenge goal, then they would receive $20,000 in current operating funds from BCF and BRUW.
“Mary Martha was one of the first to sign up for this program,” Board Member Mark Haskell said. “We already have an existing endowment, and have been trying to build it up to a level to fund a salary and benefits for an executive director in the future. Jamie Wood (the current executive director) has been a volunteer since inception, and we realize we will need to pay someone in the future. So, our board feels like this is critical to the long term success/ sustainability of our agency. We have already met our goal and are looking forward to the additional $20,000 this year!”
The grant helps relieve anxiety that agencies may feel about spending their time on future funding (planned gifts), by rewarding their time with current funding. This ensures that their current programs and operations do not see a decrease.
“This program helps both us and our partner agencies ensure our future,” says CEO and Executive Director Jody Burch. “By working on sustainability, we are making sure we can have an impact for years to come.”
A total of 10 local agencies are participating in the challenge. The participating agencies are: Children’s Musical Theatre, The Tri County Technology Center Foundation, Theater Bartlesville, Mary Martha Outreach, Girl Scouts of Eastern Oklahoma, Big Brothers Big Sisters of Oklahoma, Agape Mission, Building Bridges of Oklahoma, Paths to Independence and Elder Care. Mary Martha Outreach is the first to complete the Planned Giving Challenge Grant and receive a check.
“We hope other people will consider putting the Bartlesville Regional United Way, the Bartlesville Community Foundation or any of these 10 organizations in their will,” Burch said. “Join us in working together for a brighter future.”
All financial details are kept completely confidential. For more information on receiving planned giving services, contact the United Way office at 918-336-1044.