In this episode of Ashland Connected, host Amy Daubenspeck, President of the Ashland Area Chamber of Commerce speaks with Jim Cutright, president and CEO of the Ashland County Community Foundation.
Amy and "Cutty"discuss the foundation's growth, its impact on the community, and the various programs it offers, including scholarships and youth engagement initiatives. Cutty shares insights on the foundation's response to COVID-19, plans for its 30th anniversary, and the importance of community philanthropy.
The conversation highlights the foundation's mission to improve the quality of life in Ashland County and the collaborative efforts to support local nonprofits and initiatives.
Ashland Connected is sponsored by The Bill Harris Dealerships.
Takeaways
-Jim "Cutty" Cutright has been with the Ashland County Community Foundation for over 12 years.
-The foundation has grown from $16 million to $96 million in assets.
-Community foundations operate like charitable banks, preserving principal while distributing earnings.
-COVID-19 prompted the foundation to create an emergency relief fund for nonprofits.
-The foundation's 30th anniversary initiative aims to create new endowment funds.
-The Women's Fund has raised significant funds for community childcare initiatives.
-The Impact Youth Council empowers students to make grant decisions.
-Philanthropy plays a crucial role in community development and support.
-The foundation encourages long-term partnerships for sustainable impact.
-Cutty emphasizes the importance of being involved in meaningful community conversations.