Overview

The Crossroads Coalition Foundation, Inc. is intended to financially support key activities within the Coalition to include those associated with the Executive Director position. Presently, the Foundation is awaiting final approval of its tax status and operating policies are being developed. The expectation is that the Foundation will be fully operational no later than the end of 2008.

Mission

The Foundation's mission is to provide financial support for the goals, projects, and needs of the Crossroads Coalition.

Legal Status

All the necessary legal work has been submitted for approval but final notification regarding its tax status has not yet been received. The expectation is that the Foundation will be fully functional no later than the end of 2008.

Organizational Structure

The Foundation is envisioned as a non-profit organization for fundraising and fund-management and will have a separate Foundation Board of Directors. The Foundation will provide funds to the Crossroads Coalition. The Crossroads Coalition will only fund projects that are closely aligned to its mission. Unsolicited proposals provided to the Foundation will not be accepted. Details on membership and structure of the Crossroads Coalition Foundation have yet to be finalized. However, it is expected that membership in the Foundation will require an annual financial commitment with no limit on number of foundation members. Ideally, membership would be representative of the interests of the entire Crossroads Coalition.

Foundation Responsibilities

Initially the Foundation group will be responsible for setting its membership dues, recruiting members, generating public and private funding, and prioritizing use of the funds that it receives. The intention of the Foundation is to provide funds to the Crossroads Coalition to fund key common development activities within the region that enhance the ability of the region to leverage its resource base. Examples considered for funding by Foundation will likely include an Executive Director and staffing for activities such as grant writing, marketing, and other development activities that support the overall mission of the Foundation and thus the Crossroads Coalition.

Contact Information

For more information c ontact the Foundation Chairman Buddy Billingsley, Capital Financial Services Group, Forrest City, AR, phone: (870)  633-494.