Actions from June Board Meeting

The Endowment’s Board of Directors convened for its second in-person meeting June 17-19, 2007 — the site, Issaquah, Washington. In addition to taking a number of actions (summarized below), the Board and staff gained valuable insights into conservation issues in the Pacific Northwest. Outside presenters were: Court Stanley and Judd Kirk, Port Blakely Tree Farms/Communities; […]

Endowment Making Move to New Offices

Effective May 1st the Endowment will begin operations from its new corporate office at 200 Whitsett Street, Suite 200, Greenville, SC 29601. The space in a beautifully-rehabbed home in the Pettigru Historic District is a short 8-10 blocks from the center of Main Street. The general phone number and P.O. Box will remain the same. […]

Government of Canada Appoints Liaison

In keeping with the terms of the Softwood Lumber Agreement 2006 (SLA), the Government of Canada has appointed Dr. John W. Weaver, President and CEO of Abitibi-Consolidated, to be its representative to the U.S. Endowment. The “side letters” to the SLA call for the Government of Canada to have either a “non-voting member of the […]

Endowment Secures Full Funding; Engages Investment Manager

The Government of Canada today transferred approximately $177.4 million, which combined with an earlier payment of $22.6 million, completes the $200 million endowment set forth under the Softwood Lumber Agreement 2006. Since “officially” beginning business on November 1, 2006, the Endowment has operated on borrowed funds. The interest earned against the corpus will now allow […]

Snyder Set to Join Endowment to Lead Community Development Initiatives

On April 1 Diane Snyder will begin her tenure as Vice President-Community Development with the Endowment. Ms. Snyder has for the past decade been Executive Director of Wallowa Resources — a community-based natural resources not-for-profit. “Diane’s success in working with a wide range of constituents to stimulate economic vitality in a lightly populated natural resource-dependent […]

Endowment Completes Officer Election

During its first “in-person” meeting held in Jackson, Mississippi, February 18-20, the U.S. Endowment’s Board of Directors heard a report from its Nominating Committee regarding officers. The Committee recommended that Cynthia “Mil” Duncan be elected Vice Chair and that Duane McDougall assume the office of Treasurer. Both were elected unanimously. Additionally, the Board took steps […]

Endowment Receives “Public Charity” Status

The IRS has granted the U.S. Endowment “public charity” status under Section 501(c)(3) of the Internal Revenue Service Code. All contributions to the Endowment are deductible under Section 170 of the code. The ruling is effective from September 21, 2006 until December 31, 2010.

Government of Canada “Certifies” U.S. Endowment and Begins Funds Transfer

After reviewing the U.S. Endowment’s organizational documents and the findings of an audit by KPMG, the Government of Canada has “certified” the Endowment for receipt of funds as envisioned under terms of the Softwood Lumber Agreement 2006. The most tangible evidence of success came in the form of a $22.6 million transfer of funds from […]

Endowment Seeks VP-Community Development

The U.S. Endowment for Forestry and Communities, Inc. (Endowment) invites applications and nominations for the position of Vice President-Community Development. The VP-Community Development will serve as program specialist in developing and implementing the Endowment’s mission as it relates to aiding in systemic, transformative and sustainable change in timber-dependent communities across the United States. Qualifications and […]

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