2012 Annual Report

give. serve. lead.

C R E A T E F O U N DA T I O N n A N N U A L R E P O R T 2 0 1 2

It’s what we do together.

1972-2012

Board Officers (L to R)

Greg Pirkle, Vice ChairmanEddie Prather, Secretary

Robin McCormick, TreasurerTommy Tomlinson, ChairmanMike Clayborne, President

Sandy Williams, Past Chairman

Our Story1972-2012

Forty years ago, our founder

George McLean had a dream

that working together we

could help make life better for

all the people in our region.

By pooling our resources, we

could create a lasting legacy

of innovative and progressive

leadership for our region. To-

day, nearly $100 million later,

we can declare that dream a

reality. Your gifts have made a

significant difference.

At the 40 year mark, we

can look back and count

our successes: programs

launched, scholarships grant-

ed, social services improved,

leaders developed, and people

of all ages better trained and

educated. What a difference

your gifts have made!

This is the first 40 years

of what promises to become

an even greater organization.

Thank you for being part of

our history. Thanks to those

who planted seeds, to those

who believed in the dream

of our founders, and to those

who have faithfully persisted

in serving, in giving, and in

supporting our foundation.

You are the real heroes, and

we celebrate your successes

of the past 40 years and look

forward to an even brighter

future together.

Tommy Tomlinson,

Chairman

Mike Clayborne,

President

“We must help

all people achieve a decent standard of living.”

George McLeanCREATE Inaugural Meeting, 1972

CONTENTS

Forty Years of Giving

1972-2012 2-9

Directors 10-11

Affiliate Funds 12-15

Forty Years of Leadership

The Commission 16-18

Marchbanks Fund 19

Toyota Fund 20-21

Donor Advised Funds 22-23

Endowments 24-25

Forty Years of Service

McLean Awards 26-27

Supporting Organizations 28

Scholarships 29

NEMYF 30-31

Financial Report 32-33

George A. McLean1904-1983

1972

1976 A $27,000 grant was awarded to Wood

Junior College.

“We cannot build a better world on a foundation of ....

CREATE’s net assets beginning in

1972 were $1,492. By 1979, as-

sets had grown to $912,122.

2 www.createfoundation.com

1979to

1973$100,000 was raised locally for the

development of the Ole Miss Tupelo

Campus.

1972French Camp Academy received a $27,000

grant.

....poverty, ignorance, poor health and spiritual indifference.”

George McLean,CREATE

www.createfoundation.com 3

1980“If a child doesn’t learn to read and compute at the beginning of his education....

1987 $125,000 was given to the Lee County Library.

1983 A $75,000 grant was given to start AEE,

the Association for Excellence in

Education.

1988 A $17,000 grant was given to the Yocona

Area Council Boy Scouts of America.


1989to

“If a child doesn’t learn to read and compute at the beginning of his education....

....he is handicapped forever.”George McLean, 1979

1980’s $255,289 was given for the Lee County Teacher Reading Aide

Program. This grant made it possible for every child to receive

at least three hours of reading instruction daily which resulted in

all students reading at or above the national norm on the CAT.

1985 A $35,000 grant was given

to the Tupelo Community

Theater.

1985 A $15,000 grant was given to Habitat for Humanity.

By 1980, assets were $1.2 million.

By 1989, assets had reached $12.9

million.


19901997

The Community Affiliate pro-

gram was established by Keirsey

McLean with a $1.5 million

challenge grant that included

a $750,000 Journal, Inc. gift.

CARE (Corinth Alcorn Reaching

for Excellence) along with

TARGET (Tippah and Ripley

Growing Excellent Together)

were the first two community

affiliates established.

“I can do something where I am...

1997-1999 The Boys and Girls Club of North-

east Mississippi received grants

totalling $65,000.

By 1999, CREATE assets had

reached $16.2 million.


1999to

1995 The Commission on the Future

of Northeast Mississippi was

formed to help lead community

development in the region. Its

53 volunteer members are from

the 17-county region CREATE

serves.

...and light a candle

rather than curse

the darkness.”George McLean, 1979

1990’sThe Family Resource Cen-

ter received grants totalling

$151,000. The Family Resource

Center provides free services

that support healthy family

development.


2000

2001 The Northeast Mississippi Youth Foundation was established to help students

understand the impact of giving back to their communities. The NEMYF en-

dowment fund is now more than $84,000.

“We should be trying to inspire our young people that life does not consist of the abundance of posses-sions...

CREATE assets had reached

$28,308,904 by 2000. By 2012,

assets had reached $64,560,166.

2010 The $50 million Toyota Education En-

hancement Endowment Fund was estab-

lished to benefit students and educators in

Lee, Pontotoc, and Union counties. Toyota

will donate $5 million a year for ten years.


2012to

..but the life you

have lived, the service

you have rendered”

George McLean, Founder

2005 The $8.7 million Marchbanks Endow-

ment Fund was established by the estate

of John Marchbanks, a native of Shan-

non, Mississippi. John and his wife,

Frances, wanted to help improve the

lives of the people of this region. Since

2005, nearly $1.2 million has been dis-

bursed in grants from the Marchbanks

Fund.

2009 Author Elaine Dundy left more than $600,000 to the CREATE Foundation.

Dundy became friends with local Elvis historian Roy Turner in 1981. Their

friendship resulted in the Elaine Dundy and Roy Turner Endowment for the

Arts.


forty years of

Johnny L. “Chip” CranePresident

F.L. Crane & SonsFulton

John CreekmoreAttorney

Creekmore Law Office, PLLCAmory

Billy CrewsVice President

Teach For AmericaOxford

David L. Beckley, Ph.D.President

Rust CollegeHolly Springs

W. G. “Mickey” HollimanRetired Chairman

Furniture Brands InternationalTupelo

DirectorsFor forty years, the CREATE

Foundation Board of Direc-

tors has been committed to serv-

ing all the people of our region.

All of the directors are community

leaders and volunteers with keen

insight into regional needs and

opportunities. Many share experi-

ence and expertise in financial and

legal matters. They are donors

themselves, demonstrating that

their commitment extends to shar-

ing their own financial resources.

The caliber of CREATE’s leader-

ship is often a key reason for donor

confidence in the foundation.

CREATE Founders

George A. McLean1904-1983

Anna Keirsey McLean1906-2000

Directors Emeritus

Felix Black1917-2003

Jim Ingram1930-2006

James Hugh Ray1927-2007

J.C. Whitehead1921-2004


Gloria Kellum, Ph.D.Retired Vice Chancellor for

University Relations, UMOxford

Bobby P. MartinChairman of the Board,

The Peoples Bank Ripley

Eddie PratherConsultant

The Excellence GroupTupelo

Melvin C. Ray, Ph.D. Associate Vice President

for Economic DevelopmentMississippi State University

Starkville

Jack Reed, Sr.Chairman

Reed’sTupelo

Octavious IvyClinical/Support Services

NMMCTupelo

Cathy RobertsonExecutive Vice President

BancorpSouthTupelo

serving others

Greg PirkleAttorney

Phelps Dunbar, LLPTupelo

Ormella Cummings, Ph.D.Chief Strategy Officer

North Mississippi Health ServicesTupelo

Kenny DillRetired

West Point

Hassell H. FranklinCEO

Franklin CorporationHouston

Betsey HamiltonCommunity Volunteer

New Albany

Clay FosterPresident, Publisher, & CEO

Journal, Inc.Tupelo

Robin McCormickPartner

Watkins, Ward & Stafford, PLLCWest Point

Robin McGrawChairman & CEORenasant Bank

Tupelo

Buddy MontgomeryPresident

First National Bank of PontotocPontotoc

Aubrey PattersonChairman of the Board

BancorpSouthTupelo

Ronny RowlandManager

Prentiss County Electric Power Association

Booneville

David RumbargerPresident & CEO

Community DevelopmentFoundation

Tupelo

Tommy TomlinsonDivision President Renasant Bank

Starkville

H.L. “Sandy” Williams, Jr.President

Coca Cola Bottling Works Corporation

Corinth


Guy Mitchell, IIIBoard Counsel

Mitchell, McNutt & Sams, P. A. Tupelo

forty years of


FIRST Foundation, the CREATE af-

filiate for Itawamba County, received

the 2012 James Hugh Ray Community

Affiliate Award. The award commemo-

rates James Hugh Ray’s many contribu-

tions to our region and to the CREATE

Foundation. Mr. Ray served with loyalty

and integrity on both the Journal and

CREATE Boards and became the legal

architect and advisor for establishing the

CREATE Foundation. Like Mr. Ray,

FIRST (Friends of Itawamba Respond-

ing to Secure Tomorrow) Foundation

has distinguished itself as an organization

of integrity. Established in 2008, FIRST

Foundation continues to impact Itawam-

ba County with significant contributions

to the ICC Tuition Guarantee Program,

the Itawamba Symphony Project, the

Harden House (home for girls), and Food

Pantries East and West. FIRST also

placed defibrillators in all area schools,

provided hygiene packs to all classrooms,

and gave to many other worthy projects.

FIRST Foundation Receives the James Hugh Ray Award


For forty years, the Foundation has worked to improve the region through community development. Establishing the Community Affiliate program in 1997 created a vehicle for strengthening regional development. The program provides support for individual counties in our region that want to start their own community foundation. To help affili-ates get started, CREATE provides a $100,000 matching grant for communities raising $2oo,ooo in unrestricted endowed funds. Affiliates also enjoy the advantages of financial management and staff support to help fulfill their local goals. Twelve community affiliates are currently in this program.

Affiliate Endowment Balances

Alcorn County-CARE $1,246,053.24Corinth-Alcorn Reaching for Excellence

Calhoun County $229,929.31Calhoun County Endowment Fund

Chickasaw County-PACE $409,997.73Partners in Achieving Community Excellence

Clay County $1,047,864.29West Point Community Foundation

Itawamba County-FIRST $573,973.25Friends of Itawamba Responding to Secure Tomorrow

Lafayette County-LOFT $636,308.82Lafayette/Oxford Foundation for Tomorrow

Lowndes CountyLowndes Community Foundation

Monroe County $305,324.93North Monroe County Community Fund $162,944.42South Monroe County Community Fund $142,380.51

Oktibbeha County-SOAR $301,101.80Starkville-Oktibbeha Achieving Results

Tippah County-TARGET $333,453.53Tippah and Ripley Growing Excellent Together

Union County-UNITE $496,643.45Union County/New Albany Initiative to Excel

Community Affiliates

Attendees at CREATE’s annual Fall Summit are encouraged to light a candle in our re-gion by making a difference in their communities. Representatives from all 17 counties CREATE serves attended the event. (Top left) Jason Wallace, FIRST Foundation Chair-man, and other members of FIRST, accept the James Hugh Ray Community Affiliate Award.

This past October, Lafayette Oxford Foundation for Tomorrow (LOFT) began partner-ing with the Yoknapatawpha Arts Council (YAC) to host a wine-tasting fundraiser, 3 Blind Wines. Teams compete in the fundraiser by placing their favorite wines in a taste test against other teams’ wines. Teams sample the wines and vote for their favorite, with the team whose wine receives the most votes winning one bottle of all the other teams’ wines. “The arts council is a great partner,” says Laura Moore Parkinson, ex-ecutive director of LOFT. LOFT recently received new grant applications from groups with projects designed to impact all ages and people in Lafayette County.

CommunityAffiliate BoardsALCORN (CARE)

Hull DavisClayton StanleyThomas L. SweatFred Joe Vann, Jr.H.L. “Sandy” Williams, ChairKenneth WilliamsMona Lisa Grady, Executive Director

CALHOUN

Randy BakerJim BlueJohn G. Burt, Co-chairJoel McNeeceMartha MartinLorna ReifersMelany ShankleMichael WatkinsEric WeeksBill Williams, Co-chair

CHICKASAW (PACE)

Frank AlfordAlford BellTom ByrneBetsy CollumsHassell FranklinBobby Mooneyham, ChairRayburn ParksHarry RobinsonBob ScottGary StatenHope Stanz, Executive Director

CLAY (WEST POINT)

Dewel BrasherJimmy BryanKenny DillRobin McCormick, ChairLouise Campbell, Executive Director

ITAWAMBA (FIRST)

Catherine AdamsPatti Davis BennettJoey CoxLaken DobbsRomona EdgeTeresa FloydJulia Grimes

Ginger HowellSid KirkseyMatt KlineGeorge MarquisTeresa McNeeceLuke MontgomeryBrian QuinnJeffrey StrunkJason Wallace, ChairBryan WilsonCindy Wilson

LAFAYETTE (LOFT)

Ben BoltonBette ButlerMichael Joe CannonWalt DavisTimka DavisAnne FairJulie FieldDotsy FittsTeresa FlauttSam HaskellRichard HoworthJean Jordan, ChairJacqui LearLane McCluerCaroline McIntoshEd MeekMike MitchellJane Kerr NanceRobert PaineRoy PercySusan PhillipsMary Sharp RaynerKen RutherfordLisa SpragginsMolissia SwaneySherry WallJulie YosteLaura Parkinson, Executive Director

LOWNDES

Alma W. TurnerBain NickelsBarbara BigelowBirney ImesBobby HarperBrenda HowardCharlie BoxJohn T. FrazierHelen PridmoreJim DavidsonJohn JonesMary AlexanderNancy Carpenter

Perrin SmithRob GrahamStevan BlackStewart StaffordTom Buckley

NORTH MONROE

Mary BaxterJohn ClinganMary Lib FrancisArt GentrySteve GreenhawDottie Haney, Vice ChairBo MillerGeneva MoonLarry PalmerDr. Len Pinkley, ChairTony PossDeborah RogersAngie StevensSam Stevens

SOUTH MONROE

Doris BlanchardPatsy ClaxtonNan CorbellJames Edwards, Jr.Lavon Fluker-ReedMartin HansonSusan HoneycuttBradley LipseyLeon ManningGreg MillerKathy Seymour, ChairBetsy Kahl, Executive Director

OKTIBBEHA (SOAR)

John Robert ArnoldOmis AvantLarnzy CarpenterDora HerringPat LaneJim LytleFenton PetersBuddy StaggersNellah Taylor, ChairCharles E. WeatherlyMartha WellsRoss WilliamsJan Eastman, Executive Director

TIPPAH (TARGET)

Dean CavinessTaj ColomVon CoombsBob Glover, Co-chairMelissa Harrison, Co-chair

Jim JacksonBeverly MoffitDuane Bullard, Executive Director

UNION (UNITE)

Mike AlefJack BrownJames (Bo) CollinsChuck CooperJoe DavisCathy GarrettJay Herrington, ChairBobby MoorePhil MorrisThad MuellerEleanor RayRodney ShandsBill SmallwoodAnne J. StephensTravis Wiseman

Collette Cross, Executive Director


Serving others through region-

al community development

has been an important goal of

the Foundation for forty years.

Our Community Affiliate pro-

gram was established to pro-

vide a development vehicle

for individual counties in our

region. CREATE supports 12

community affiliate programs

in eleven counties. Please con-

sider serving your community

by volunteering at your local

community affiliate. If you are

interested in establishing an

affiliate program in your coun-

ty, please contact the CREATE

Foundation at 662.844.8989.

give. serve. lead.

regional impact

Bobby Harper, a long-time banker and commu-nity leader was recently elected to the CREATE Board of Directors. He currently serves as Senior Vice President and Business Development Officer at Renasant Bank in Columbus.

CREATE Expands to IncludeLowndes County

In October, the CREATE Board of Directors voted to expand the service area of the Foundation to include Lowndes County. In its 40

year history, the service area has been expanded only one other time when Oktibbeha County was added in 2001. With the addition of Lowndes County, CREATE now serves 17 counties with a total population of 550,000. John Jones, President of the Lowndes Community Foundation, announced that his organization’s board of directors has voted to become an affiliate of the CREATE Foundation.

Five people from Lowndes County have recently been elected to key po-sitions within the foundation. Bobby Harper (pictured left) was elected to the CREATE Board of Directors.

Four new members of CREATE’s Commission were also recently elected by the CREATE Board. Nick Ardillo, Allegra Brigham, Birney Imes, and Hilbert Williams were named to multi-year terms.

After Lowndes Com-munity Foundation be-came CREATE’s twelfth community affiliate, John Jones, president, expressed his anticipa-tion of great things to come for Lowndes County and CREATE.


forty years of

(Above) Dr. Mark Keenum, President, Mississippi State University, and Dr.

Dan Jones, Chancellor, University of Mississippi, joined forces to form the

MSU-UM Task Force on Regional Devel-opment. The Task Force seeks to create change for our region through improv-ing the education and economic levels

of north Mississippi residents.

(Right) The CREATE Board recently elected four new Lowndes

County members for its Commission on the Future of Northeast Mississippi.

Nick Ardillo, Allegra Brigham, Birney Imes, and Hilbert Williams (not pic-

tured) were named to multi-year terms.


For the last forty years, the Founda-tion has worked to unite the region

through effective, collaborative leadership. Established in 1995, the Commission on the Future of Northeast Mississippi func-tions as the program arm of CREATE. Its purpose is to strengthen regional unity through community development. To achieve its purpose, the Commission stud-ies regional data, identifies key issues, sets regional goals, and recommends solutions to the issues being addressed. Its 53 volun-teer members are from the 17-county region that CREATE serves. The Commission’s overall goal is to dramatically increase the region’s per capita income. Over the last five years, the Commission has focused most of its time and energy on initiatives that are designed to improve educational quality and attainment.

DROPOUT PREVENTION SUMMIT

The sixth annual summit was held in Feb-ruary with almost 30 school districts and communities represented. The audience heard innovative approaches to dropout prevention, including high quality early

education programs, the concept of using graduation coaches, an innovative tuto-rial program championed by Three Rivers PDD and its partners, and an effective eco-nomic education program.

EARLY CHILDHOOD SUMMIT

The Commission has a history of support-ing the development of high quality early childhood programs. The Commission has utilized Marchbanks Fund grants to support Baby Steps in Okolona, MSU’s Early Childhood Institute, and Mississippi Building Blocks.

Awareness of the importance of this issue is growing in Mississippi. To help focus more attention on this critical issue, the Commis-sion sponsored an early childhood summit in Tupelo on September 19. The summit attracted participants from colleges, uni-versities, public schools, child care centers, and regional leadership. A leading national expert on early childhood, Steve Suitts of the Southern Education Foundation, was the keynote speaker.

MSU-UM TASK FORCE

Both universities’ top administrators con-tinue to work on joint initiatives designed to improve the quality of life in our region. The most recently announced effort was the creation of the Mississippi Excellence in Teaching program which is designed to attract top honor students to careers in teaching in our state. Over the next five years, 100 honor freshmen at each university will be selected to the program which fea-tures full scholarships and extra program-ming designed to produce a steady stream of outstanding Mississippi teachers.

STATE OF THE REGION

Transportation Com-missioner Mike Tagert, education consultant Dr. Mike Ward, and national business leader Jim Barksdale (pictured left) highlighted the annual State of the Region meet-ing which focuses on raising awareness and suggesting solutions for key issues.

A printed report contain-ing key regional data is distributed at the meet-ing. County reports are placed online for easy access, as well.

The Commission on the Future of Northeast Mississippi


regional unity

COMMISSION MEMBERSAlcorn

Gary ChandlerJohn Mercier

Clayton StanleyBenton

Senator Bill StoneGlossie Terry

CalhounJohn Burt

Lisa McNeeceChickasaw

Patsy GregoryBill Smith

ClayKenny Dill

Eddie LongstreetItawambaB.J. Canup

Dr. David Cole, Jr.Lafayette

Bea DanielsDr. Gloria Kellum

Randy LeisterLee

Grace ClarkBilly Crews

Glenn McCullough, Jr. (Chair)Guy Mitchell, III

Judge Rickey ThompsonMarshall

Dr. Gemma BeckleyMayor Andre DeBerry

Sarah SawyerMonroe

Skip MilesDr. Lavon Fluker-Reed

Jean PinkleyOktibbeha

Rhonda KeenumTerry Kemp

Dr. Tommy StevensonPontotoc

Phyllis Ford HighJudge James L. Roberts, Jr.

PrentissDr. Johnny AllenRonny Rowland

TippahDuane Bullard

Kyle SmithTishomingoGreg PharrMike Webb

UnionBetsey Hamilton

Phil MorrisAt Large

Hassell FranklinBobby Martin (Vice Chair)

Denotee MartinEddie Prather

Bill RenickEmeritus

Jack Reed, Sr.Sandy Williams

UniversityAndy Mullins, UM

Kyle Steward, MSU

TUITION GUARANTEE

PROGRAM

The Commission’s Tuition

Guarantee Program provides

two years of tuition-free col-

lege at one of four area com-

munity colleges.

In 2012, the fifth class of

community college fresh-

men took advantage of the

Tuition Guarantee Program,

an idea that first surfaced in

a 1996 Commission meeting.

Roughly 2600 students from

15 counties were covered

during the 2012 fall semester

by this program in the four

community colleges serving

our region. Students in the

program from Lee and Monroe

Counties also received a book

allowance.

The Commission and the

CREATE board have endorsed

the concept of expanding this

into a Mississippi-wide state-

funded program.

The Early Childhood Summit featured Gilmore Foundation Executive Director Danny Spreitler who explained why it

takes a village to educate our children.


Helping others is the heart of our mis-sion. For forty years, CREATE has

been a vehicle for charitable giving joining with others from our region to help pro-vide opportunities that might otherwise be impossible.

John Marchbanks, a native of Shannon, Mississippi, believed in giving back to his community. He maintained a deep love for the area where he grew up, although he had not lived there for more than 60 years. John and his wife, Frances, desired to help others overcome their problems, misfor-tunes and handicaps, and to assist them in helping themselves to achieve better lives and become productive citizens. In 2005,

Mr. and Mrs. Marchbanks left a gift of $8.7 million to benefit the region.

GrantsIn 2012, grants were given to three Shan-

non High School graduating seniors in

the form of a scholarship. Other grants

were given to support the following: the

Community Development Foundation,

the United Way Back-to-School Resource

Fair, the Itawamba Community College

Foundation, Inc., LIFE (Living Inde-

pendence For Everyone), the Shannon

Community Walking Track, and the Lee

County Excel by 5 Coalition.

The Lee County Tuition Guarantee program is also supported by a March-banks grant in the amount of $150,000. The Lee County Tuition Guarantee program provides two years of tuition-free college at Itawamba Community College.

In 2012, more than $265,000 in grants was awarded from the John and Frances Marchbanks Endowment Fund.

We believe Mr. and Mrs. Marchbanks would be very pleased with the impact their gift is making to help others improve their lives.

helping others

John and Frances Marchbanks Endowment Fund

forty years of

(L-R) Shannon High School Seniors Courtney Floyd, Chickory Copeland, and Aaliyah Donaldson were each selected to received a $5,000 Marchbanks col-lege scholarship May 10, 2012.


forty years of Toyota Education Enhancement Endowment FundThe commitment of Toyota to estab-

lish a $50 million endowment over ten years at CREATE Foundation is one of the most extraordinary gifts to support public education in the history of our state. Toyota asked CREATE to do three things: 1) ensure a $50 million endowment will be in place at the end of ten years; 2)use the earnings of the fund to enhance public education in Lee, Pontotoc, and Union counties; 3) spend the money fairly and equitably among the counties.

CREATE established an advisory com-mittee to make recommendations to the CREATE Board on ways the money should be spent. Advice was sought from the eight school districts in the counties and from other education experts around the country.

Curriculum Audit & Tool Kit Development

The first education enhancement project was a curriculum management audit con-ducted by Phi Delta Kappa (PDK) Inter-national. Each of the eight school districts in the PUL Alliance Counties participated. As a result of the audit, a select group of English I & II teachers and curriculum direc-tors from all eight districts met regularly to develop a curriculum tool kit for teachers that aligns with state testing. Similar plans have been made for each subject area. Feedback from teachers involved in this project revealed that they felt this was the best professional development they had ever experienced.

Model Schools Conference

The Toyota Committee helped sponsor travel and registration costs for teams from each of the school districts in Lee, Pontotoc, and Union counties to attend the conference in Orlando this past June. The conference high-lights cutting-edge schools that are ahead of the curve in preparing for the Common Core State Stan-dards, Next Generation Assessments, and teacher evaluations based on student performance.

Forum on the Future of Education

With more than 1200 in attendance, Dr. Bill Daggett, Director of the International Center for Educational Leadership, led the Forum which was held at the BancorpSouth Arena in October 2012. Dr. Daggett explained the coming education changes, the impact they will have on curriculum and instruction, and ways that the nation’s most rap-idly improving schools are preparing to meet those challenges successfully. This event resulted from the school district teams’ attendance at the Model Schools Conference in June 2012.


innovation

The Wellspring Center for Professional Futures

Finding innovative solutions to the challenges that face our region has been an integral part of CREATE’s history. Motivating students to stay in school and graduate continues to be a challenge for our region. We believe the Wellspring Center will provide the kind of motivation and enhancement our students need to succeed both now and in the future. The Wellspring Center is a high-school level advanced career center. The Center will ex-pose students to professional careers through innovative teaching and hands-on learning.

Toyota Education Enhancement Endowment Fund Advisory Committee

Reggie CollumsPontotoc, Mississippi

David Copenhaver Tupelo, Mississippi

Doug FormbyVice President AdministrationToyota Motor Manufacturing Mississippi, Inc.Blue Springs, Mississippi

Mike StatenBNA BankNew Albany, Mississippi

Ex-Officio Members

Greg PirklePartner, Phelps Dunbar, LLPTupelo, Mississippi

Dr. Lynn HouseInterim State Superintendent of Education Jackson, Mississippi

Committee Advisors

Dr. Larry Anderson Founder/DirectorNational Center for Technology Planning Tupelo, Mississippi

Mike Clayborne President, CREATE FoundationTupelo, Mississippi

Dr. Chuck GarrettSenior ConsultantWellspring Center for Professional FuturesNew Albany, Mississippi

Common Core Seminar

Dr. Bill Daggett and other representatives from the International Center for Leadership in Education led a day-long seminar to help the PUL region educators better understand the impact of the Common Core State Standards. The Common Core Standards have been adopted by 45 states in the nation and implementation has already begun in several states. The Common Core Standards provide a consistent, clear understanding of what students are expected to learn so that teachers and parents know what they need to do to help them. The standards are designed to be robust and relevant to the real world, reflecting the knowledge and skills that our young people need for success in college and careers.


fort

y ye

ars o

f Donor Advised FundsANONYMOUS FUND

ANNA MIZE ADAMS AND PAUL LOUIS ADAMS ADVISED FUND

SAM AND SALLEY AGNEW ADVISED FUND

JOHN R. AND MARY FICKLIN ARNOLD ADVISED FUND

AT&T ADVISED FUND

MR. AND MRS. ALAN BANK ADVISED FUND

BECKLEY FAMILY ADVISED FUND

ALFORD AND SHELIA BELL ADVISED FUND

SARA AND MONTGOMERY BERRY ADVISED FUND

BIRTHDAY CLUB ADVISED FUND

ROBERT AND JANE BLACK ADVISED FUND

MRS. CAROLYN BOGGAN ADVISED FUND

JAN BOTTS ADVISED FUND

DR. AND MRS. DAN BRASFIELD ADVISED FUND

MRS. ELIZABETH ANN BROWN ADVISED FUND

THE LARRY BROWN ADVISED FUND

BULLARD FAMILY ADVISED FUND

MR. AND MRS. JOHN G. BURT ADVISED FUND

CARL BUSH ADVISED FUND

FRED BUSH, JR. FAMILY ADVISED FUND

THE BYRNE CPA CHARITABLE ADVISORY FUND

CAROL BYRNE CHILDREN’S ADVISED FUND

CABELL DONOR ADVISED FUND

LOUISE CAMPBELL ADVISED FUND

CARDIOLOGY RESEARCH LLC CARE FUND

CARLOCK TOYOTA ADVISED FUND

CHAD AND MARY MARGARET CASE ADVISED FUND

DR. AND MRS. DOUG CLARK ADVISED FUND

MR. AND MRS. MIKE CLAYBORNE ADVISED FUND

COCA-COLA BOTTLING WORKS – C.T.L. CHARITABLE FUND

DR. AND MRS. JOHN DAVID CREWS ADVISED FUND

MR. AND MRS. WILLIAM L. CREWS ADVISED FUND

CUMMINGS FAMILY ADVISED FUND

DALRYMPLE FAMILY ADVISED FUND

FRANK AND AMY DAVIS ADVISED FUND

JUDY AND BOB DAVIS ADVISED FUND

MR. AND MRS. WILLIAM HULL DAVIS ADVISED FUND

MR. AND MRS. WILLIAM H. DAVIS, JR. ADVISED FUND

ALBERT DELGADILLO ADVISED FUND

KENNY AND ANNA DILL ADVISED FUND

BILL AND SANDRA EASTMAN ADVISED FUND

JOE AND KIM ESTESS ADVISED FUND

MR. AND MRS. BARRY FORD ADVISED FUND

JACK AND DANA FOSTER ADVISED FUND

JACK AND MARY LIB FRANCIS ADVISED FUND

FRANKLIN CORPORATION ADVISED FUND

HASSELL H. FRANKLIN ADVISED FUND

FREEMAN FAMILY ADVISED FUND

JOHN PAUL FRERER MEMORIAL DONOR ADVISED FUND

FUTURE EDUCATORS OF AMERICA (Rutledge) SCHOLARSHIP

ADVISED FUND

E. GLENNAN AND JANICE W. GRADY ADVISED FUND

ALBERT AND BILLIE GREEN ADVISED FUND

BETSEY AND TOM HAMILTON ADVISED FUND

RUBYE DEL HARDEN ADVISED FUND

JOHN AND SARA FRANCES HARDY ADVISED FUND

JASON AND MELISSA HARRISON ADVISED FUND

JIM AND LISA HAWKINS ADVISED FUND

DAVID HENSON ADVISED FUND

SARA M. AND HOWARD R. HINDS ADVISED FUND

BABS AND MICKEY HOLLIMAN ADVISED FUND

HUNSBERGER/ADKINS JOY ADVISED FUND

NANCY INGRAM ADVISED FUND

ITAWAMBA GOOD WORKS FUND - MR. AND MRS. MICHAEL

WALDORF

CHARLES AND JOYCE JOHNSTON ADVISED FUND

JO ANN R. JONES ADVISED FUND

MRS. E.L. JOYNER ADVISED FUND

MR. AND MRS. ERNIE JOYNER, III ADVISED FUND

MR. AND MRS. LARRY KIRK ADVISED FUND

LANE FURNITURE INDUSTRIES ADVISED FUND

HOWARD AND SYLVIA LENHOFF FAMILY TRUST ADVISED FUND

PHIL AND VICKIE LITTLE ADVISED FUND

LONG DISTRIBUTORS CORINTH ADVISED FUND

RANDY AND PENNY LONG ADVISED FUND

ZELL LONG ADVISED FUND

M AND A FAMILY ADVISED FUND

TERRY G. MANN ADVISED FUND

BOBBY P. AND BARBARA M. MARTIN ADVISED FUND

MR. AND MRS. DENOTEE MARTIN ADVISED FUND

MARTHA AND M.B. MARTIN ADVISED FUND

ROBIN AND MIMI MCGRAW ADVISED FUND

REV. BARBARA S. AND J. CHESTER MCKEE ADVISED FUND

ED AND HELEN MEEK ADVISED FUND

ANN PHILLIPS AND HUGHES MILAM ADVISED FUND

SUSAN AND GUY MITCHELL ADVISED FUND

TFI/ANN B. MITCHELL ADVISED FUND

MITCHELL, MCNUTT AND SAMS ADVISED FUND

CATHERINE AND PAUL MIZE ADVISED FUND

MR. AND MRS. THEODORE S. MOLL ADVISED FUND

MARSHALL AND DAPHNE MONTGOMERY ADVISED FUND


givi

ng b

ack

BOBBY MOONEYHAM ADVISED FUND

JENNIFER MOONEYHAM ADVISED FUND

MOSSY OAK FOUNDATION DONOR ADVISED FUND

BOBBY J. AND MINERVA MOORE ADVISED FUND

PHIL AND SUSAN MORRIS ADVISED FUND

MARY AND SAM PACE ADVISED FUND

PALMER FAMILY FUND

DAVID M. PALMER ADVISED FUND

RAYBURN PARKS ADVISED FUND

MR. AND MRS. AUBREY B. PATTERSON ADVISED FUND

PEOPLES BANK CHARITIES ADVISED FUND

GREG AND LISA PIRKLE ADVISED FUND

JOYCE AND HAL POLK ADVISED FUND

LAURIE POWELL DONOR ADVISED FUND

EDDIE AND PRISCILLA PRATHER ADVISED FUND

MELVIN AND VALERIE RAY ADVISED FUND

R.W. REED COMPANY ADVISED FUND

DAKIN REED ADVISED FUND

JACK AND LISA REED ADVISED FUND

MR. JACK REED, SR. ADVISED FUND

LILLA REED ADVISED FUND

SCOTT AND ANNETTE REED ADVISED FUND

SARAH DILL REILY ADVISED FUND

MR. AND MRS. ROBERT RICE, JR. ADVISED FUND

JOE K. ROBBINS, JR. ADVISED FUND

MR. AND MRS. BRITT ROGERS, III ADVISED FUND

MR. AND MRS. JOHN JAMESON ROGERS ADVISED FUND

DOROTHY D. AND GEORGE H. RUFF FOUNDATION

ADVISED FUND

DAVID AND DONNA RUMBARGER (GRACE ADVISED FUND)

JOE RUTHERFORD ADVISED FUND

MRS. MARY P. SCOTT ADVISED FUND

MR. ROBERT H. SCOTT ADVISED FUND

ROBERT W. AND KATHLEEN SEYMOUR ADVISED FUND

CROFTON AND CAMILLE SLOAN ADVISED FUND

JANE SPAIN ADVISED FUND

ALICE STAFFORD ADVISED FUND

STAGGERS ADVISED FUND

KATY AND CLAYTON STANLEY ADVISED FUND

THOMAS L. STENNIS ADVISED FUND

MRS. ANNE J. STEPHENS ADVISED FUND

SARA STEPHENS ADVISED FUND

JOHN P. AND LINDA C. SULLIVAN ADVISED FUND

MARTHA SWINDLE ADVISED FUND

GEORGE M. AND BETTY B. TAYLOR ADVISED FUND

NELLAH TAYLOR AND J. MARK MERRITT ADVISED FUND

PAUL S. THOMAS, III ADVISED FUND

SANFORD AND SUSAN THOMAS ADVISED FUND

DENNIS AND BETH TOSH ADVISED FUND

MRS. BILLIE H. WADLINGTON ADVISED FUND

ELLEN WALKER ADVISED FUND

DR. AND MRS. RICHARD WARRINER ADVISED FUND

MR. AND MRS. HEYWOOD WASHBURN ADVISED FUND

CHARLES WEATHERLY ADVISED FUND

WILLIAM GRAHAM AND MARTHA F. WELLS ADVISED FUND

MARY AND CHARLES WERNER ADVISED FUND

LEWIS WHITFIELD ADVISED FUND

DR. AND MRS. FAYETTE WILLIAMS ADVISED FUND

MR. AND MRS. H.L. (SANDY) WILLIAMS ADVISED FUND

MR. KENNETH WILLIAMS ADVISED FUND

MR. AND MRS. W.T. WILLIAMS, III ADVISED FUND

Giving back to your community is easy with an

Advised Fund. You can add to the fund when-

ever you wish and make grant recommendations

at your convenience. Another advantage is that

appreciated securities may be used to create the

fund. These donations are not subject to capital

gains tax; and in most cases the full-market value

is tax deductible. All donations are deductible at

the time they are made to the Foundation; how-

ever, gift disbursements may be made at a later

date.

give. serve. lead.


fort

y ye

ars o

f Endowment FundsBOOTH FAMILY ENDOWMENT FUNDBRYAN YOUTH CENTER ENDOWMENT FUNDCOCA-COLA LEGACY FOUNDATIONBILLY & CATHERINE CREWS & SONJA JENKINS EDUCATIONAL ENDOWMENT FUNDARLAND A. AND GRACE DIRLAM ENDOWMENT FUNDELAINE DUNDY AND ROY TURNER ENDOWMENT FOR THE ARTSEVERGREEN DESIGNATED ENDOWMENT FUNDFIRST PRESBYTERIAN-CORINTH SPECIAL MISSIONS ENDOWMENT FUNDFOX FOUNDATION ENDOWMENT FUNDJOHN PAUL FRERER MEMORIAL ENDOWMENT FUNDTHE BERNICE GAMBRELL ENDOWMENT FUNDINGOMAR ENDOWMENT FOR EXCELLENCEINNOVATIONS IN EDUCATION ENDOWMENT FUNDFRANCES ELKIN JOYNER ENDOWMENT FUNDLQC LAMAR HOUSE ENDOWMENT FUNDALICE LITTLE ENDOWMENT FUNDBETH MCAULEY MUSIC ENDOWMENT FUNDSUSAN N. AND THOMAS J. MCDONALD ENDOWMENT FOR THE TUPELO SYMPHONY ORCHESTRAED AND BECKY MEEK ENDOWMENT FUNDSARA FRANCES MITCHELL EDUCATIONAL ENDOWMENT FUNDMIZE FAMILY ENDOWMENT FUNDMONROE EDUCATION ENDOWMENT FUNDJOHNNY MORGAN FOUNDATION ENDOWMENT FUNDOXFORD ENDOWMENT FOR PUBLIC EDUCATIONBENJAMIN AND CORINNE PIERCE FOUNDATION ENDOWMENT FUNDPIRKLE LIBRARY ENDOWMENT FUNDTHE DEAN PROVENCE ENDOWMENT FOR EXCELLENCE IN EDUCATIONJAMES HUGH RAY MEMORIAL ENDOWMENT FUNDREED FAMILY TRUST FUNDALICE LYNN ROEBUCK ENDOWMENT FOR UNITED WAYMORGAN DALE ROEBUCK ENDOWMENT FOR THE SALVATION ARMYRUTH AND CLAUDE ROEBUCK ENDOWMENT FOR SALTILLO FIRST UNITED METHODIST CHURCHTCPS ACADEMIC CENTER FOR EXCELLENCE ENDOWMENT FUNDTOMMY TOSH MEMORIAL ENDOWMENT FUNDTOYOTA EDUCATION ENHANCEMENT ENDOWMENT FUNDTUPELO PUBLIC SCHOOL DISTRICT ENDOWMENT FUNDHARRY AND ELLEN WALKER ENDOWMENT FUNDDUDLEY WEATHERS ENDOWMENT FUNDWHITFIELD LEADERSHIP FUNDJIMMY WILLIAMS MEMORIAL EDUCATION ENDOWMENT FUND(CARE) HARRY LEE WILLIAMS, SR. ENDOWMENT FUND(CARE) KENNETH AND NANCY ANN WILLIAMS ENDOWMENT FUND

The Sanctuary Hospice House offers end-of-life care for patients and their families. The facility serves individuals from 33 Mississippi counties. An organizational endowment fund at CREATE helps provide support for this important facility.

In September, the 2012 Teacher of Distinction Award winners were announced. The awards are funded by B & B Concrete, Inc.; BancorpSouth; Booth Family Endowment Fund; Pat and Jen-nifer Caldwell; Innovations in Education Endow-ment Fund; Mitchell, McNutt and Sams Law Firm; Marilyn and Bob Monroe Endowment Fund; Reed Family Trust Endowment Fund; Renasant Bank; Tupelo High School Alumni Association; Tupelo Kiwanis Club; Tupelo Rotary Club; Tupelo Public Schools Administrative Council; and Jimmy Williams Memorial Education Endowment Fund. The Teacher of Distinction Awards program was established to honor and recognize outstanding teachers from the Tupelo Public School District.


The Tupelo Symphony Orchestra is dedicated to providing qual-ity classical music for the citizens of northeast Mississippi. Its endowment fund at CREATE is providing support for the sym-phony now and will continue to do so for years to come.

The Regional Rehabilitation Center provides free services for individuals with disabilities. It is supported through an organization endowment fund at CREATE that helps support non-profits by providing yearly investment income for the organiza-tion to use. The en-dowment remains intact providing a permanent pool of funds to support the organization into the future.

The Yocona Area Coun-cil of the Boy Scouts of America is dedi-cated to helping boys become men. With a permanent endowment fund remaining with CREATE, the Council can continue offering character development, leadership training and adventure experiences for young men in our region both now and in the years to come. pu

rpos

e

Organization EndowmentsALPHA HOUSE AGENCY ENDOWMENT FUND

BIG BROTHERS BIG SISTERS OF NORTHEAST MISSISSIPPI

BOY SCOUTS OF AMERICA ENDOWMENT FUND

BOYS AND GIRLS CLUB ENDOWMENT FUND

BOYS AND GIRLS CLUB OF NEW ALBANY ENDOWMENT FUND

BOYS AND GIRLS CLUB OXFORD FACILITY ENDOWMENT FUND

FORTNIGHTLY MUSICALE ENDOWMENT FUND

GARDNER-SIMMONS HOME FOR GIRLS AGENCY ENDOWMENT

GARDNER-SIMMONS BUILDING ENDOWMENT FUND

GOOD SAMARITAN FREE CLINIC ENDOWMENT FUND

GUMTREE MUSEUM OF ART ENDOWMENT FUND

BROTHER MIKE MARECLE ENDOWMENT FUND (HOPE FAMILY MINISTRIES)

JUNIOR AUXILIARY OF TUPELO ENDOWMENT FUND

LINK CENTRE

LOUISIANA-MISSISSIPPI-TENNESSEE KIWANIS FOUNDATION FUND

NEW BEGINNINGS ENDOWMENT FUND

NEWMS ENDOWMENT FUND

OXFORD-LAFAYETTE HUMANE SOCIETY ENDOWMENT FUND

PROJECT HOPE ENDOWMENT FUND

REGIONAL REHABILITATION ENDOWMENT FUND

SANCTUARY HOSPICE HOUSE ENDOWMENT FUND

STARKVILLE KIWANIS CLUB ENDOWMENT FUND

TOUCHED BY AN ANGEL MINISTRIES

TUPELO COMMUNITY THEATRE ENDOWMENT FUND

TUPELO/LEE COUNTY HUMANE SOCIETY ENDOWMENT FUND

TUPELO SYMPHONY ORCHESTRA ENDOWMENT FUND

UNION COUNTY HERITAGE MUSEUM AGENCY ENDOWMENT FUND

UNITED WAY ENDOWMENT FUND

UNITED WAY OF OXFORD-LAFAYETTE COUNTY

WILDROSE DIABETIC ALERT DOG ENDOWMENT FUND

YOKNAPATAWPHA ARTS COUNCIL AGENCY

ENDOWMENT FUND


McLean AwardFor the past forty years, CREATE has

celebrated the generosity that char-

acterizes our many donors. The McLean

Award for Philanthropy was established to

honor those individuals, families, and organi-

zations that exemplify CREATE Founders

George and Keirsey McLean’s spirit in chari-

table giving. It recognizes the extraordinary

leadership of people working to improve the

quality of life in their communities and in our

region. This year’s awards were presented to

an outstanding couple from Tupelo.

Ruby Kathryn and Aubrey Patterson

When Ruby Kathryn and Aubrey Patterson

moved to Tupelo 40 years ago, they were

looking for the right place to raise their then

two small children. “We were looking for a

place with traditional values, a commitment

to family life and community building,” Au-

brey Patterson said. “We’ve never been dis-

appointed in Tupelo or Northeast Missis-

sippi.”

Over the years the Pattersons have given

back to the community not only financially

but with their time and talent. There are few

organizations in Northeast Mississippi that

haven’t benefited from the Patterson’s gen-

erosity. The Pattersons have provided sup-

port for the Salvation Army, Tupelo Public

Schools, Boys & Girls Clubs, Regional

Rehabilitation Center, Boy Scouts, the Uni-

versity of Mississippi, the CREATE Foun-

dation, and many other organizations in our

region.

“To the extent that we’ve been blessed and

able to make a small contribution to the com-

munity, it’s the rent we pay for the space we

occupy here,” said Aubrey Patterson, chair-

man and chief executive officer of Bancorp-

South. “We’ve received much more than

we’ve ever given.”

Ruby Kathryn and Aubrey

Patterson receive the

2012 McLean Award for

Philanthropy.

fort

y ye

ars o

f

The Landmarks entertain at CREATE’s Fall Summit with their version of southern gospel music.


gene

rosi

tyThe Community Partner Award recognizes

organizations which have given extraordi-

nary support to the Commission on the Future of

Northeast Mississippi in accomplishing its mis-

sion. This year’s award goes to ARC Appalachian

Regional Commission. ARC provided resources

to help fund the Commission on the Future of

Northeast Mississippi while it was still a develop-

ing organization. It has also provided grants for

workforce development projects sponsored by the

Commission. ARC facilitated a $100,000 soft-

ware grant from Microsoft for CREATE and its

affiliates. For the past 18 years, ARC has been an

active partner with the Commission in bringing

together the economic developers in the region to

address issues and formulate solutions.

(Clockwise) CREATE Board Vice Chairman Greg Pirkle reviews the success of the Foundation’s fund develop-ment over the last twelve years at the annual fall sum-mit. The Tupelo Public School District Strings perform dinner music at CREATE’s annual Fall Summit. Mike Armour and Sandra Perkins accept the 2012 Community Partner Award for ARC.

Community Partner Award


forty years of Supporting OrganizationsFor the past forty years, CREATE has offered support for

organizations that want the benefit of a non-profit foun-

dation without actually starting one themselves. Without the

annual tax reporting, auditing, and administrative costs of main-

taining a private foundation, supporting organizations of CRE-

ATE can put even more of their dollars to work enhancing and

improving the quality of life for northeast Mississippi residents.

CREATE is the umbrella for two supporting organizations.

The Benjamin and Corinne Pierce Foundation

The Pierce Foundation was established by Corinne Pierce in mem-

ory of her husband, Benjamin, to commemorate his commitment to

community and to honor his civic leadership. The 2012 Pierce grants

and scholarships exceeded $329,667, making the total investment by

the Pierce Foundation in Alcorn County more than $3.7 million.

The Henry Mize Foundation

The Henry Mize Foundation was established in 2003. Mr.

Mize’s nephew, Paul “Buzzy” Mize, established the charitable

foundation because it was his uncle’s wish to continue to provide

funding to the organizations that he loved. “By establishing this

foundation, Uncle Henry was certain that these meaningful

institutions would continue to receive his support,” said Buzzy

Mize. The 2012 Mize Foundation grants exceeded $194,000,

making the total investment to our region more than $3.3

million.

Corinth Theater Arts presents the musical “Footloose.” Corinth Theater Arts has provided quality arts exposure and entertain-ment in Corinth and Alcorn County for more than 40 years. As a proud supporter of the arts in Corinth and Alcorn County, the Pierce Foundation is an annual donor for Corinth Theater Arts.

The Mize Pavilion, a multi-purpose facility on the Mississippi State University campus, is funded by a generous grant from the Henry Mize Foundation. The Mize Pavilion is used primarily as a practice facility for MSU’s basketball team.


Scholarship FundsAMORY ROTARY FOUNDATION SCHOLARSHIP FUND

AMORY ROTARY LEE MCCOWN MEMORIAL SCHOLARSHIP FUND

AMORY ROTARY HOLACE MORRIS SCHOLARSHIP ENDOWMENT

C.C. AUGUSTUS SCHOLARSHIP FUND

PEBBLES EAST AULDS SCHOLARSHIP FUND

DENNIS BAILEY & MAXINE MONTS CAMERON MEMORIAL SCHOLARSHIP FUND

JULIA BLAKEY MEMORIAL SCHOLARSHIP FUND (LINK CULINARY ARTS)

DR. AND MRS. WALTER BOURLAND SCHOLARSHIP ENDOWMENT

MARSHUAN BRAXTON MEMORIAL SCHOLARSHIP FUND

COACH JOE BRIGANCE SCHOLARSHIP FUND

LARRY BROWN CREATIVE ARTS SCHOLARSHIP ENDOWMENT

TIMMY BRYANT MEMORIAL SCHOLARSHIP FUND (TARGET)

MARGARET BYRAM SCHOLARSHIP ENDOWMENT FUND

BYRNE-FIELD SCHOLARSHIP ENDOWMENT FUND

ERNEST CADDEN SCHOLARSHIP ENDOWMENT

CLAUDIA RUTH CASTENIR SCHOLARSHIP ENDOWMENT FUND

M. GLEN AND LORA H. DAVIDSON SCHOLARSHIP ENDOWMENT FUND

RUSSELL DORMAN SCHOLARSHIP FUND

EVA ANN BEASLEY DORRIS SCHOLARSHIP FUND

DOUGHERTY SCHOLARSHIP ENDOWMENT FUND

PATRICIA “ROBIN” DOWS MEMORIAL SCHOLARSHIP FUND

EXPRESS EMPLOYMENT PROFESSIONALS SCHOLARSHIP

DARREN FENTON NAYC SCHOLARSHIP FUND

ALLIENE GIBENS SCHOLARSHIP ENDOWMENT

KIM GREEN SCHOLARSHIP ENDOWMENT

ROBBY HALE “MAKE A DIFFERENCE” MEMORIAL SCHOLARSHIP ENDOWMENT

TODD HARDIN MEMORIAL LEADERSHIP SCHOLARSHIP

CAROLINE BRYAN HARRELL SCHOLARSHIP ENDOWMENT FUND

THE MARY KIRKPATRICK HASKELL SCHOLARSHIP ENDOWMENT FUND

JEFFREY HINES HOPPER MEMORIAL SCHOLARSHIP ENDOWMENT FUND

EMILY WRIGHT HORNE MEMORIAL FUND

KELLEY ELIZABETH HUMPHREYS NURSING SCHOLARSHIP ENDOWMENT FUND

SHEILA HUTCHESON AND JAKE MAY MEMORIAL SCHOLARSHIP FUND

M & F BANK - JIM AND NANCY INGRAM SCHOLARSHIP FUND

ROWLAND JOYNER LEARNING SKILLS ENDOWMENT

JUNIOR AUXILIARY OF TUPELO SCHOLARSHIP FUND

JUNIOR AUXILIARY OF WEST POINT/MATT POSEY MEMORIAL SCHOLARSHIP FUND

JORDAN LINDSEY CHRISTIAN CHARACTER SCHOLARSHIP ENDOWMENT

TONY LAUNIUS SERVICE SCHOLARSHIP FUND

SAMUEL N. LOGGAINS NURSING SCHOLARSHIP

FRANCES MALLORY SCHOLARSHIP ENDOWMENT FUND

MCCARTY COMPANY SCHOLARSHIP FUND

J.C. MCDANIEL MEMORIAL SCHOLARSHIP FUND

EMILY MCDONALD MEMORIAL SCHOLARSHIP ENDOWMENT FUND

MISSISSIPPI FEDERATION OF MUSIC CLUBS SCHOLARSHIP ENDOWMENT FUND

MISSISSIPPI PROFESSIONAL EDUCATOR SCHOLARSHIP

MISSISSIPPI THEATRE ASSOCIATION SCHOLARSHIP ENDOWMENT FUND

KAYLA SUE MIZE SCHOLARSHIP ENDOWMENT FUND

ELISE MOBLEY SCHOLARSHIP FUND (PACE)

BOB AND MARILYN MONROE SCHOLARSHIP ENDOWMENT FUND

TAYLOR MOORE MEMORIAL SCHOLARSHIP ENDOWMENT FUND

CHARLIE NELMS SCHOLARSHIP FOR ENGLISH MAJORS

PATTERSON MEMORIAL STRINGS SCHOLARSHIP FUND

RYAN PETTIT MEMORIAL SCHOLARSHIP FUND

AMANDA PRICE MEMORIAL SCHOLARSHIP ENDOWMENT

MR. AND MRS. B.L. RIEVES SCHOLARSHIP ENDOWMENT FUND

KAROL JEAN VOGE MEMORIAL SCHOLARSHIP FUND

WINIFRED AND MAYFIELD RILEY TRAVEL SCHOLARSHIP

MR. AND MRS. TOM ROBINSON SCHOLARSHIP FUND

GEORGE H. SCHULTZ SCHOLARSHIP ENDOWMENT FUND

DAVID SKINNER SCHOLARSHIP FUND

TYLER SLOAN MEMORIAL SCHOLARSHIP ENDOWMENT

STUBBS SCHOLARSHIP ENDOWMENT FUND

TEACHER OF DISTINCTION AWARD FROM TPSD ADMINISTRATION

JOHN N. TODD MEMORIAL SCHOLARSHIP FUND

TUPELO LUNCHEON CIVITAN SCHOLARSHIP ENDOWMENT FUND

KAROL JEAN VOGE MEMORIAL SCHOLARSHIP FUND

PRESLY WALLACE, JR SOCCER SCHOLARSHIP

CLAY WAYCASTER MEMORIAL SCHOLARSHIP ENDOWMENT FUND

ELGAR AND LUENE WAYCASTER MINISTERIAL SCHOLARSHIP ENDOWMENT

OWEN B. WHITEHURST SCHOLARSHIP ENDOWMENT FUND

WHITESIDE SCHOLARSHIP ENDOWMENT FUND

VALERIA MORGAN WHITFIELD SCHOLARSHIP FUND

support

Nettleton High School Senior Ashley Pitts (back row center) received the Winifred and Mayfield Riley Travel Scholarship. She traveled to France, Germany, and Switzerland in March, 2012. For more than forty years, CREATE has helped provide support for thousands of students through educational scholarships.


forty years of NortheastMississippiYouth FoundationFor forty years CREATE has

sought ways to develop effec-tive community leaders. CREATE founder George McLean believed that our young people possess amaz-ing leadership potential. Developing that potential has been a basic goal of the Foundation.

Established in 2001, the Northeast Mississippi Youth Foundation is help-ing to fulfill that goal. NEMYF is a youth-led organization comprised of eleventh and twelfth grade students from the 17 counties CREATE serves. Students learn about philanthropy and community involvement by building their own endowment fund and awarding grants to organiza-tions in their counties. Now in its eleventh year, NEMYF is a dynamic youth organization that is having a real impact in our region. Members are encouraged to look outside their own neighborhoods, schools, and groups of friends to help raise awareness of the needs in our region and to award grants to those with the greatest need.


leadership

Board of Directors

Alcorn CountyKatelyn Miller

Benton CountyCheyenne JonesLindsey OrmonGwin Moore

Chickasaw CountyCameron ByrneSydney HarrellTrey FranklinPaige Griffin

Clay CountyLauren BillingtonBryan McClellan,Asst. TreasurerStephen Ross,Asst. Historian

Itawamba CountySummer BouchillonCortney FooteBethanie HarrisLaine Wilson

Lafayette CountyKarli Gaillard,Treasurer

Hunter KnightAlex DrewreyPatricia WardDemetrius PlaxicoMeghan Sharp

Lee CountyKerston JumperZierra Long,HistorianMatthew AmannBen MatthewsAlivia RobertsGrant Thornton

Monroe CountyRaimi BryanTaylor Hyland

Oktibbeha CountyMary Kate HughesJordan Cohen

Pontotoc CountyMerideth AdamsTyra FloydAlex BucknerEmily HolcombRobin ShumakerCaleb Warren, Vice Chair

Tippah CountySeth Cappleman, SecretaryMeg LambertPage Rowland, ChairZoe Windham, Asst. Secretary

Tishomingo CountyCecilia DeanAnnsley McRae

Union CountyCarol CokerJulianna GarnerKellie McClellandJodie McMillenMeredith MuellerMegan SwainDrew Warford

2012 GRANTS

Alcorn County Crosswind Ministries: $159Crosswind is an outreach ministry that serves low-income apartment facilities. The grant was used to purchase household items for gift baskets for families living in these apartments. Benton County All About Kids: $500Benton County is the second poorest county in the state. All About Kids provides warm clothing and nutritious food for children to take home in their backpacks for the weekend.

Chickasaw CountyChickasaw County Soccer Association: $159The CCSA operates under the Mississippi Youth Soccer Association and consists of co-ed teams of youth aged 4 to 16 years. The scholarships provide opportunities for under-privileged children to play soccer.

Clay CountyWest Point/Clay County Animal Shelter: $159The Animal Shelter is in its second year and is funded entirely by charitable donations. Tippah County Good Samaritan Center of Ripley: $500The Center is a food pantry that provides groceries to low income families.

Koon’s Care Free Clinic: $500This clinic is for people who need medical care but cannot afford it. A donated building that will be used for clinic space is currently being renovated.

Union CountyUnion County Good Samaritan Center: $500This food pantry provides groceries to low income families and serves 410 families per month. Volunteers pass out 10,000 pounds of food per month and offer limited as-sistance with power bills.

(Photos) NEMYF kicks off the year with a fall retreat at Ole Miss Outdoors Rebel Challenge. Students gain con-fidence and learn to work together through individual and team-building challenges.

Grant checks are presented to local agencies at our April press conference.


FINANCIAL MILESTONES

*Does not include $10 million Pierce and Mize Supporting Organizations.**Retired several funds that were inactive or transferred into other funds.

Net AssetsContributions

GrantsEndowments - numberEndowments - amountDonor Advised Funds

Special Projects

2000 2009 2010 2011 2012Percentage

change from2000

Percentagechange from

2011

$28,308,904 $44,144,381 $53,723,287 $56,489,923 $65,286,923* 131% 16%$2,234,555 $5,277,037 $12,647,155 $9,659,149 $9,042,407 305% -06%$1,747,212 $3,993,176 $7,667,602 $5,969,016 $5,349,702 206% -10%

36 113 127 135 144 300% 7%$3,770,948 $16,968,962 $25,600,631 $28,958,846 $36,713,754 874% 27%

53 184 147** 149 157 196% 5%29 136 166 185 207 614% 12%

Investment PerformanceLETTER FROM Buddy MontgomeryInvestment Committee Chair CREATE Foundation

Dear Friends,

In 2012, the market has con-tinued the process of rebound-ing from the worst economic recession in seventy years. For the year, the CREATE portfolio was up 13.05%. Our managers performed well as the portfolio outperformed the fund objective. Over $5.6 million was contributed to our pooled endowment fund and over $3.9 million was gained from investments. Our investment commit-tee meets quarterly with our investment advisors to review performance. We take our fiduciary responsibilities seri-ously as we work to maximize investment returns through a prudent investment process.

Sincerely,Buddy Montgomery

Center for Fiduciary Excellence CertificationThe Center for Fiduciary Excellence (CEFEX) has certified the general invest-ment account of the CREATE Foundation, Inc. CREATE Foundation is the first founda-tion in the world to success-fully complete the independent CEFEX certification process. The CEFEX standard of excellence for investment stewards is based on 22 fiduciary practices that seek to increase long-term investment performance by diversifying the portfolio, evaluating invest-ment management fees, and selecting investment managers.

Charity Navigator CertificationIn 2012, CREATE Founda-tion earned its sixth 4-star rat-ing for the ability to efficiently manage and grow its finances. Only a small percentage of the charities rated have received six 4-star evaluations, indicat-ing that CREATE Founda-tion consistently executes its mission in a fiscally responsible way and outperforms most other charities in America. “This exceptional designa-tion from Charity Navigator differentiates CREATE Foundation from its peers and demonstrates to the public it is worthy of their trust,” reported Ken Berger, President & CEO, Charity Navigator.

National Standards ComplianceThe CREATE Foundation has been confirmed in com-pliance with the Council on Foundations National Standards. The National Standards Seal signifies that CREATE Foundation has met rigorous National Stan-dards and has demonstrated its commitment to financial security, transparency, and accountability. “When people use CREATE Foundation to make a charitable bequest, establish a fund, or make a contribution, they do it know-ing that we have met standards for donor services, investment management, grantmaking, and administration. The National Standards Seal is excellent validation of the work we do on behalf of our donors and our community,” says Mike Clayborne, president.


$2,234,555

$0 $4,000,000 $8,000,000 $12,000,000 $16,000,000

2000

2006

2007

2008

2009

2010

2011

2012

$5,197,226

$3,239,825

$5,277,037

$12,647,155*

$4,969,348

CONTRIBUTIONS

*Total contributions for 2010 included two major projects: the Fulton Playgarden Park and the MSU Mize Pavilion.

$9,659,149

$9,042,407

$28,308,904

$0 $25,000,000 $50,000,000 $75,000,000 $100,000,000

2000

2006

2007

2008

2009

2010

2011

2012

$50,680,684

$40,005,185

$44,144,381

$53,723,287

$48,480,874

NET ASSETS

Net Assets do not include $10 million Pierce and Mize Supporting Organizations.

$56,489,923

$65,286,923

AUDIT

The CREATE Foundation annually engages the ser-vices of an independent accounting firm to perform an audit of the Foundation’s financial statements. As part of the audit, the firm also reviews the internal controls and various policies and procedures to ensure the Foundation staff is adhering to the most current

accounting practices. The Foundation’s auditor, Nail McKinney Professional Association, has issued an unqualified opinion on the financial statements for the year ended December 31, 2012. Complete audited financials are available at www.createfoundation.com or may be obtained by calling the CREATE office at 662.844.8989.


1972-2012For more than forty years, CREATE and its partners have given, served, and led to help make a difference in the quality of life we all enjoy in the northeast Mississippi region. CREATE offers a wide range of opportunities for you to get involved in your community. Please join us in making our next forty years as remarkable as the first. Together we can build a better world. For information on how you can give, serve, and lead, please contact us.

MISSION STATEMENTCREATE Foundation is committed to

improving the quality of life for the people of northeast Mississippi through:

Building permanent community endow-• ment assets

Encouraging philanthropy and man-• aging charitable funds contributed by individuals, families, organizations and corporations

Strengthening the regional community • development capacity

Taking a leadership role on key com-• munity issues and impacting the region through gifts and targeted grant-making

213 West Main Street PO Box 1053 . Tupelo, MS 38802

662.844.8989Fax: 662.844.8149

give. serve. lead.

2012 Annual Report

Documents

Transcript of 2012 Annual Report