Wyoming County Community Fund organizers have raised nearly $15,000, surpassing the $10,000 benchmark in pledges necessary for the fund to be eligible to make donations.
Organizers hope to be able to award a small grant by the end of the year, according to a spokesperson.
The Wyoming County Community Fund is a sustainable source of funds built to serve the needs of the county for years to come. Any donation made from the fund will be from earnings made from the principal; the principal is never touched, according to the spokesperson.
The fund was created to provide a means for people inside and outside Wyoming County to donate to worthy county projects.
Founding members include First Community Bank, First Peoples Bank, Mullens Chamber of Commerce, Pineville Chamber of Commerce, Pineville Furniture, Wyoming County Commission, and the Wyoming County Economic Development Authority. Those interested in becoming a founding member must contribute $1,000 or more prior to Dec. 31.
Organizers lauded the organizations and individuals who donated money and resources, including Goodson’s and Fas Chek, during the July fundraising campaign.
The Wyoming County Community Fund could not operate without the support and oversight of the Beckley Area Foundation and the Wyoming County Economic Development Authority, according to the spokesperson.
Additional incentives have recently been provided by a Beckley Area Foundation matching grant as well as tax credits from the Neighborhood Investment Program. Through the Neighborhood Investment Program, those who donated $500 or more received a 50 percent state tax credit in addition to a federal tax deduction; the credit may also be available next year.
Donations may be sent to the Wyoming County Community Fund, c/o Wyoming County Economic Development Authority, P.O. Box 1828, Pineville, WV 24874. Checks should be made out to: BAF Wyoming County Community Fund.
The Wyoming County Community Fund’s second annual Halloween costume party, a family event, is scheduled Oct. 9 at Southern West Virginia Community and Technical College.
For more information, contact Monty Jarecke at 304-732-6707.