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About Us The Community Foundation of Washington County, MD, is one of more than 700 similar 501(C) (3) organizations throughout the United States that work to make their communities better places to live.
The Community Foundation serves as a hub for charitable giving in Washington County. We work in partnership with charitable-minded individuals and groups who want to give something permanent back to their communities. The Foundation has been growing steadily since its inception in 1997 and currently oversees a pool of over 150 funds supporting a wide variety of charitable causes. These Funds are the basic building blocks of the Foundation and have originated from a variety of sources: individuals, families, businesses, financial institutions, probate courts, private foundations, as well as charitable organizations themselves. With a professional staff and active Board of Trustees, the Foundation provides substantial benefits to those contemplating charitable giving programs. Simplicity Anyone can create a program for charitable giving in Washington County by executing a simple agreement with the Foundation. The Foundation carefully invests the gift, monitors its earnings, handles tax reporting and other administrative details, and makes gifts as stated in the Fund agreement. Tax Treatment All contributions to the Community Foundation qualify for maximum deductibility for income and gift tax purposes. Professional Management The Foundation's Board of Trustees is comprised of experienced business professionals and civic leaders who provide sound, flexible administration of endowment assets and reliable investment strategies. Perpetuity Unless a donor wishes otherwise, original gifts are never spent, but instead remain fully invested as permanent endowments, providing increasing income for charitable giving year after year. Family Legacy Families and individuals may choose to name their own endowment Funds to create a philanthropic legacy in the community. Public Accountability In its Articles of Incorporation, the Community Foundation of Washington County promises to use Funds for the public interest. An independent, professional audit is conducted annually and all Foundation gifts, grants, and distributions are publicly disclosed, though individual donors may choose to remain anonymous. Branches Of Our Giving Tree
Community Funds address the community's needs and promising opportunities relating to arts and culture, education, health care, human services, environment, and historic preservation and other worthy causes. The distribution of these Funds is determined by active members of the community who serve on the Board of Trustees' Grants Allocation Committee. Designated Funds provide a way for donors to specify one or more organization(s) to receive annual or periodic support. Donor Advised Funds allow donors to remain actively involved in their gift making by annually recommending grants to their favorite charities. Field of Interest Funds support one or more general areas of interest selected by the donor. A Field of Interest Fund can support areas such as arts and culture, education, services to the needy, or other similar efforts. However, these funds are not tied to a single organization. Non-endowed Donor Advised Funds allow donors to make periodic contributions to the Foundation at their convenience, with the option of disbursing to charities over time. Scholarship Funds benefit local students. Donors may determine specific criteria and participate in the selection process. A copy of our current financial statement is available upon request by contacting the Community Foundation of Washington County, MD, Inc. at 33 W. Franklin Street, Suite 203, Hagerstown, MD 21740. David Beachley, Chairman Michael G. Day, Vice Chairman Spence Perry, Vice-Chairman Mitesh Kotari, MD, Treasurer Hugh J. Breslin, III, Secretary John M. Waltersdorf, Past Chairman John F. Barr Dr. Carol Becker Howard Bowen Father D. Stuart Dunnan Merle S. Elliott Brent Feight Leah Gayman Louis J. Giustini Michael Hough John Itell Karol Kennedy Michael Murray Cynthia Perini Harry Reynolds Deborah Addo Samuels Jeanne Singer J. Randall Thompson Robin Twigg William P. Young, Jr.
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