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Community Foundation distributes record amounts

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At its August board meeting, the Community Foundation of the Ozarks announced its record fiscal 2010 results as well as three new board members, according to Aug. 30 news releases.

The CFO issued a record amount in grants and distributions - $18.2 million, up from the fiscal 2009 record of $15.9 million, the release said.

Donors contributed $23.4 million in the fiscal year, compared to $16.5 million in the previous year. The nonprofit established 231 new funds, bringing the total number of funds CFO holds to more than 1,700, the release said. It also gave out $600,000 in scholarships to 478 students across the Ozarks.

CFO President Brian Fogle noted the significance of the timing of the record numbers.

"The generosity of donors across the CFO’s 42 affiliates is all the more remarkable because of the challenging financial conditions that continue to affect the region and the nation," he said in the release.

During the meeting, CFO's board of directors gained three new members: Judith Gonzalez, faculty member at the School of Professional Psychology at Forest Institute; Bill Lee, community president for Arvest Bank in Neosho and Carthage; and Sandra Thomason, Clinton resident and civic volunteer, a release said.

CFO's 2010-11 executive committee is as follows:
  • Chairman David Pointer, a Gainesville attorney;
  • Vice-Chairman Cliff Brown, attorney at Carnahan, Evans, Cantwell & Brown, Springfield;
  • Treasurer Shari Hoffman, senior managing adviser at BKD Wealth Advisors, Springfield;
  • Secretary Jill Reynolds, vice president/trust officer at Commerce Bancshares, Springfield;
  • President Brian Fogle;
  • At-Large members Gloria Galanes, professor of communication at Missouri State University;
  • Mark Nelson, wealth management advisor at Merrill Lynch, Springfield; and
  • Roger Shaw, rancher, Thomasville.
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