Orange County NC Website
1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: October 9, 2012 <br /> Action Agenda <br /> Item No. 1 <br /> SUBJECT: Community Giving Fund for Orange County <br /> DEPARTMENT: County Manager PUBLIC HEARING: (Y/N) No <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> County Department Survey Results Frank Clifton, Jr., County Manager, <br /> Triangle Community Foundation — Nuts (919) 245-2306 <br /> and Bolts of Nonprofit Agency Funds Michael Talbert, Assistant County <br /> and Agency Fund Services and Fees Manager, (919) 245-2308 <br /> Bob Marotto, Animal Services Director, <br /> (919) 968-2287 <br /> Colleen Bridger, MPH, PHD, Health <br /> Director, (919) 245-2412 <br /> PURPOSE: To update the Board of County Commissioners (BOCC) about a staff initiative to <br /> create a Community Giving Fund to raise and receive donations intended to support, enhance, <br /> and extend County services and County-supported activities. <br /> BACKGROUND: A staff initiative has been underway to explore creating a centralized <br /> Community Giving Fund for Orange County. The fund would allow residents of Orange County <br /> (and others) to donate money, property, or stocks and bonds to Orange County in a targeted <br /> manner. <br /> The notion of a Community Giving Fund has been evaluated to take into account some key <br /> considerations. It is intended to be an encompassing fund for Orange County government so <br /> that funds could be given to any department or activity through this fund. All gifts would be tax <br /> deductible and earmarked according to intent or wishes of the donor so that they are used for <br /> the purpose for which they are given and acknowledged as such. <br /> By creating such a fund, it would become possible to have unified communication about giving <br /> to County government for Orange County. There could be a branding process, and all <br /> departments would be able to include the campaign brand on their outreach literature to inform <br /> residents that it is possible for them to give to the County in designated ways. <br /> Additionally, a fund would create a framework for receiving and holding substantial donations, <br /> whether cash, stocks, bonds or real property. Logistically, it would become easier to receive <br /> and direct gifts toward targeted uses, and it would allow the County to properly acknowledge <br /> such donations and provide donors with tax-related paperwork. <br />