When it began in 1968, the Waxahachie Foundation had approximately $9,900 to its name. On Wednesday morning, May 15, the organization donated over two times and a half time more than the real estate and corporate stock given by R.F. Chapman and Edwin L. Harding, respectively.
In total, $25,000 was distributed Wednesday at Citizens National Bank in downtown Waxahachie.
Checks were presented to the Waxahachie Symphony Association ($5,000), Waxahachie Little Pantry ($2,400), Meals on Wheels of Johnson and Ellis County ($2,600), Ellis County Children's Theater ($3,000), Daniel's Den ($2,000) and Wilemon STEAM Academy ($10,000).
According to Waxahachie Foundation board member Candace Ahlfinger, the $10,000 donation given to Wilemon is to install playground equipment for the older elementary students.
"Grants from the Waxahachie Foundation are generally limited to $5,000 per fiscal year," Ahlfinger explained in an email, "however, there are opportunities that occur that have a great impact on a large number of people. In this case, [the donation] will benefit the many generations of Wilemon elementary students and the children in the surrounding area."
Ahlfinger also noted that the funds provided to the Waxahachie Symphony will support its Fort Worth Symphony Orchestra Concert that is provided annually for the community.
The grant to the Ellis County Children's Theater will help with the cost of rights and royalties as its staff provides educational opportunities for children. She explained the grant given to Meals on Wheels will support its local efforts of delivering hot meals to seniors in the community. Waxahachie Little Pantry received a grant to support the work of Sonny and Kay Sides to provide food to those in need. The final gift of the April period went to Daniel's Den to provide transportation for its clients as the staff provides emergency assistance for those in need.
The foundation generally averages distribution of 6-10 grants each quarter. The foundation — through trusts, investments, and donations — has an account balance of approximately $2.5 million in its account which Ken P. Box, a financial advisor at Edward Jones, manages at no costs to the foundation.
The board of directors, which meet four times a year, serve without monetary compensation.
The foundation's officers for 2019 include Dinah Weable, president; Candace Ahlfinger, vice president; Ryan Pitts, secretary; and Jerry Chapman, treasurer. Board members include Dr. Kermit Bridges, Steve Chapman, Tom McAfee, Steve Murphree, Pat Smith, Elizabeth Tull, Patrick Wilson, Chris York, Mike Lee, Kerric Bradford and Krystal Valdez.