FAQ (Frequently Asked Questions)

 

How does the Foundation Board of Directors interact with the Town of Addison?

It  is the goal of the Foundation to provide funding for charitable projects  and philanthropic initiatives that enhance the quality of life for  those who live in, work in, or visit Addison. There is a natural  alignment of the Foundation’s goals with those of the Town’s strategic  plans. When donation opportunities arise, the Board of Directors works  closely with City Council and Staff to ensure projects envisioned will  be successful. At the same time, it is not the goal of the Foundation to  raise funds for projects that would normally be funded from Town  revenues.

Does the Foundation compete with other local charities?

Overall,  the Foundation’s goal is to support - not compete with - other  charitable organizations. As a multi-purpose organization, the  Foundation may however partner from time to time with other charitable  organizations.

If I would like to raise funds for an initiative to benefit Addison, what should I do?

The  Foundation is seeking Champions — individuals or organizations that  would like to lead fund raising initiatives to benefit Addison. Your  first step is to contact the Board of Directors for information and  tax-exempt organization guidelines.

How are Foundation initiatives and grants approved?

The  Foundation is led by a volunteer Board of Directors appointed by the  Addison Mayor and Mayor Pro Tem. Initiatives are approved by a majority  vote of the Board of Directors. Grants are approved by a two-thirds vote  of the Board of Directors and disbursements are made by CFT.

Have a question that is not on this list?

Give one of the Board of Directors a call at 972-450-7009.

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