The organization's board of directors voted this spring to include the counties as part of its mission area.
CFNM is governed by a board of 20 volunteer civic leaders and impacts the communities of northwest Mississippi by connecting people who care with causes that matter.
They currently manage 133 donor-established funds and have distributed $11.2 million to support 420 charitable organizations and activities recommended by donors, as well as charitable programs established by the foundation.
“Since the foundation’s inception in 2002, Bolivar and Sunflower are the first and only two counties ever to be added to the Community Foundation’s service territory,” said George P Cossar III, chairman of the Community Foundation.
“I am very excited to be a part of building new relationships between the Community Foundation and the organizations and citizens of these counties.”
CFNM President Tom Pittman said he's thrilled to be networking in new parts of the Delta.
"The board decided that expanding would be the best thing to do," said Pittman. "This opens up another set of options for us to find grants.
"Our priorities are education and health, and we know there are a number of organizations in both counties that are focused on these movements. We look forward to helping out with more efforts."
Pittman added that CFNM has already worked on some levels with the Delta State University Archives and Bologna Performing Arts Center education programs.
"One unique thing about Community Foundation is that donors can choose their charitable interests among already existing endowments — like Teach For America, Audubon Mississippi or early childhood education," he said. "Or they can start their own endowments with as little as a $5,000 tax-deductible contribution.”
CFNM currently has the distinctive ability to add a 25 percent matching grant to donors’ endowments of $50,000 or more.
A challenge grant from the private Maddox Foundation enables CFNM to add this 25 percent until the end of 2013 or until the $9 million goal is met.
Established in 2002 with a generous Maddox Foundation grant, the CFNM is an independent nonprofit charitable organization. It also serves Coahoma, DeSoto, Marshall, Panola, Quitman, Tallahatchie, Tate and Tunica counties.
The organization is a creative, cost-effective and tax-efficient way for people to invest in the charitable causes they care about the most.
Last year, the foundation’s grants and charitable programs jumped to $1.8 million. Learn more about the Community Foundation at www.cfnm.org or call 662.449.5002.