Davidson Community Foundation

Frequently Asked Questions

How was the Davidson Community Foundation established?

The dream of building a community foundation took root during a town planning process when participants began discussing a “big idea” to address community challenges. The framework for transforming that big idea into a local foundation benefited from interviews with more than 50 community residents and leaders.

What is its mission?

In partnership with local nonprofits and houses of worship, Davidson Community Foundation provides
support for immediate needs and for longer-term transformative projects. Its goals are grounded in the values of social justice, racial and socioeconomic diversity and inclusion, affordable housing, neighborhood preservation, and the unique and powerful bond we have as a community. Our desire is to work with our
local nonprofits to expand their capacity and grow philanthropy substantially.

What has the foundation accomplished since launching in 2020?

High-impact efforts include:

  • Led community efforts to establish eight permanently affordable housing units in Parkside Commons (formerly Hoke Development) on Jetton Street and raised $400,000 toward the planned purchase of the units by Davidson Housing Coalition. It also worked with Davidson Housing Coalition to secure $300,000 in grants from Mecklenburg County to subsidize rents for the units.
  • Committed $150,000 to partner with Habitat for Humanity of the Charlotte Region and the Town of Davidson on a critical home repair program for homeowners in the West Davidson community.  The local effort will address code and safety issues and help residents stay in their homes. The goal is to complete 10 projects over the next two years.  
  • Awarded a $22,000 grant to the Town of Davidson to assist residents most severely impacted by Mecklenburg County’s new tax assessments. The support will help as many as 100 residents who qualify for the town’s relief program. 
  • Distributed more than $350,000 in grants to nonprofit partners during the COVID crisis. That support provided critical assistance to 230 families – more than 750 neighbors in need – for rent/housing, food, medical expenses, utility services and transportation. Those nonprofits included the Ada Jenkins Center, Davidson-Cornelius Child Development Center, Davidson Housing Coalition, Gethsemane Baptist Church, Habitat for Humanity of the Charlotte Region, Reeves Temple AME Zion Church, La Escuelita San Alban, and Safe Alliance.

    How does the foundation differ from other charitable funds/organizations?

    We are an all-volunteer effort aimed at growing the philanthropic pie to increase the capacity of our local
    nonprofits and to focus strategic funding on critical community needs. The foundation is powered by
    Foundation For The Carolina as a Field of Interest Fund, and 99 cents of every donor dollar goes directly to the community.

    Who runs the foundation and who’s accountable?

    Our volunteer Board of Advisors includes leaders from the community, local nonprofits, and Davidson College. Members are selected based on work experience and community involvement, as well as racial, socioeconomic and geographic diversity. Please contact info@davidsoncommunityfoundation.org if you would like to get involved by serving, donating, providing input or asking questions. Current board members are:

    Chris AhearnMarvin BrandonJeri KrentzBuck Shuford 
    Jane AvingerDave CableJohn KuykendallJames Waddey
    Bill Boehmler Boris HendersonPaul LeonardOf Counsel:
    Faye BowmanRuby HoustonAnn McCorveyLauren Millovitsch
    Bob BoydFrank JordanJim Merrifield

     

    How much funding are you seeking to raise?

    We aim to be a permanent foundation that can enhance the lives of Davidson residents, now and for
    generations ahead. Our Board of Advisors is committed to studying community needs and galvanizing support to address those needs. Plans include fundraising for emergency efforts, along with longer-term campaigns. In addition to recurring donations, we are accepting bequests and will work with donors to arrange planned giving.

    How much have you raised so far?

    We have raised $1.2 million since launching in 2020.

    Where do you expect your funding to come from?

    Our donations come from generous residents who are reaching beyond their current giving to nonprofits and houses of worship. We are also applying for local, regional and federal grants that will help advance our mission.

    How are grants awarded?

    A grants committee of the Board of Advisors reviews proposals and recommends awardees and funding
    amounts to the full board for approval. The funding comes directly from Foundation For The Carolinas to the grantee.

    Who can apply for a grant? Do you award grants to individuals?

    Non-profit (501c3) agencies are eligible for grant funding from the DCF. Individuals or for profit corporations
    or organizations are not eligible for funding.

    You talk about preserving the historic West Davidson community. How was that need identified?

    Our Board of Advisors determines focus areas and projects based on detailed and thoughtful analyses informed by the work of the Community Needs and Strategies Committee. Stabilization of the West Davidson community is an important need that was identified as part of the Town of Davidson’s 2020 Comprehensive Planning Process and the Community Foundation’s Housing needs assessment and Housing Summit results. Stabilization of the West Davidson Community, including enhancing the quality of housing and impeding gentrification of the community, are among critical challenges to be considered.

    The 2020 plan was also a source of information on needs such as affordable housing across low- to middleincome residents. Additionally, our Community Needs & Strategies Committee conducted a comprehensive community assessment using focus groups, interviews, a resident survey, and analysis of key reports. The foundation initially conducted 20 in-depth interviews with resident-leaders in West Davidson. The greatest concern expressed was lack of affordable housing, followed by neighborhood gentrification and persistent segregation and racism.

    Based on those results, the foundation personally delivered about 240 surveys in West Davidson to elicit priorities. We received responses from 36 percent of residents. The greatest needs or opportunities were: 1)
    affordable housing; 2) major repairs/rehabs; and 3) recognition of the contributions of Blacks to the Davidson community.

    How can I donate to the Davidson Community Foundation? Are donations tax deductible?

    a. To donate online visit www.fftc.org/Davidson
    b. To send a check, please make the check payable to:
    Foundation For The Carolinas
    ATTN: Davidson Community Foundation, Fund #3749
    220 North Tryon Street
    Charlotte, NC 28202
    c. For an ACH transfer, send to:
    Truist Bank
    Account Name: Foundation For The Carolinas
    Special Instructions: Davidson Community Foundation, Fund #3749
    Bank Routing # (ABA): 021052053
    Account #: 48477231
    d. For a gift through a Donor Advised Fund (DAF),
    Select Foundation for the Carolinas as the beneficiary, and designate Davidson Community Foundation, Fund #3749 in the notes section.
    e. To Donate a Gift of Stock:
    Please direct your broker to contact our Donor Relations team at 704.973.4529 or donorrelations@fftc.org prior to asset delivery to ensure proper and timely credit of your gift or to coordinate transfer of mutual fund shares. The stock/funds should be credited to Davidson Community Foundation, Fund #3749 with FFTC.
    f. All donations to DCF are tax deductible as a Fund of Foundation For The Carolinas, a
    501(c)(3) non-profit organization.

    Help those in the Davidson community.

    Your contribution will help to care for our neighbors right here in the community.