Amarillo Area Foundation featured in national report
Originally published in the Amarillo Globe-News on November 21, 2014.
Amarillo Area Foundation is among 30 community foundations nationwide featured in a new report on nonprofit organizations.
The Democracy Collaborative’s “A New Anchor Mission for a New Century,” released Monday, spotlights the way “anchor institutions” — place-based nonprofits with significant resources — find new ways to deploy resources to build community wealth, according to a news release.
Clay Stribling, Amarillo Area Foundation’s president and CEO, said the nonprofit has been working with the collaborative on projects in Amarillo.
“They sense an energy around what we’re doing here in the Panhandle,” Stribling said. “The Democracy Collaborative is working on a handful of projects around the country, and just knowing that they would include us on a list of projects that they think have energy is exciting to me.”
The report’s authors wrote that such institutes recognize the “impact they can have as engines of community economic development and local mission-driven investment,” the release said.
Foundations highlighted in the report use “their deep knowledge of their communities to kickstart much-needed economic development,” the release said.
The Amarillo foundation was cited for its efforts to increase financial stability and success in the region by “cultivating asset building tools and strategies for individuals (and) families and facilitating increased capability and sustainable success for Panhandle communities,” the release said.
The Democracy Collaborative is a national nonprofit research and consulting institution dedicated to developing new ways to build community wealth and stronger local economies.