Orange County NC Website
. 1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: November 20, 2012 <br /> Action Agenda <br /> Item No. 5-e <br /> SUBJECT: Approval of Formation of Community Giving Fund for Orange County <br /> DEPARTMENT: County Manager PUBLIC HEARING: (YIN) No <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> 1) Triangle Community Foundation Frank Clifton, Jr., County Manager, (919) <br /> Orange County Agency Fund 245-2306 <br /> Management Agreement Michael Talbert, Assistant County <br /> 2) Illustrative List of Gift Opportunities Manager, (919) 245-2308 <br /> 3) Fund Opportunities Folder Cover Sahana Ayer, Staff Attorney, (919) 245- <br /> 2319 <br /> Carla Banks, Public Affairs Director, <br /> (919) 245-2302 <br /> Colleen Bridger, MPH, PHD, Health <br /> Director, (919) 245-2412 <br /> Bob Marotto, Animal Services Director, <br /> (919) 968-2287 <br /> PURPOSE: To: <br /> 1) approve the formation of a Community Giving Fund for Orange County to raise and <br /> receive donations intended to enhance services and County-supported activities; <br /> 2) authorize the Chair to sign an agreement between Orange County and the Triangle <br /> Community Foundation to establish, manage and administer this Fund; and <br /> 3) receive some additional information about Fund operation. <br /> BACKGROUND: Over the last year staff has, in coordination with the County Manager's Office <br /> and County Attorney, sought to outline the creation of an encompassing fund that would allow <br /> residents of Orange County (and others) to donate to specific pursuits across County <br /> government. The formation of a fund would provide a framework for receiving and holding <br /> substantial donations, whether they be cash, stocks and bonds or real property. All gifts would <br /> be tax deductible and earmarked according to wishes of the donor so that they are used for the <br /> purpose for which they are given and acknowledged as such. <br /> A Community Giving Fund formalizes the present practice of Orange residents giving to the <br /> public services that they favor. As previously communicated at the October 9, 2012 Board <br /> Work Session, eight County departments currently receive monetary donations totaling <br /> approximately $100,000 per annum. As a rule, these donations are dedicated in some manner <br /> to a public service favored by the donor. They are not offered as a substitute for obligated <br /> funds for core services, but rather to enhance these services or support activities that it would <br /> otherwise not be possible to provide. <br />