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Wednesday, February 3, 2010

Potter County Joins Community Foundation For Twin Tiers

Community Foundation Expands Service Area

The size of the service area of the Community Foundation for the Twin Tiers (CFTT) has increased from serving four counties to five. Potter County along the northern border of Pennsylvania had requested inclusion in the CFTT since they were not served by a community foundation.

The CFTT Board of Directors at the end of 2009 voted to accept Potter County as an equal partner under the CFTT. While the CFTT was previously serving four counties: Bradford, Sullivan, and Tioga Counties in Pennsylvania and Tioga County in New York State, it will now also be serving Potter county. Representatives of Potter County are now in the process of setting up a Potter County Advisory Committee and identifying individuals to serve on the CFTT Board which will now expand to fifteen members.

Residents of Potter County have already established two funds at the CFTT. Benjamin and Sheila Olney of Ulysses, operators of Olney Funeral Home & Cremation Service established a Potter County Discretionary Fund to help address identified needs in their county. Since this fund is now established any donor can give any amount to this fund at any time.

Also the Ulysses Library Board established an agency endowment fund for the library from a donation they received from the estate of Ruth R. Agar. In celebrating the gift the library vice-president said, “The financial legacy that Ruth left the library is now the beginning of our endowment fund. Ruth began her career in education teaching in a country school. Ruth believed in books. Ruth believed in libraries. Ruth’s legacy is learning.”

Soon to appear on the CFTT’s office windows and in their publications is the new CFTT logo that consists of five interlocked hands forming a circle instead of the original four hands. Bill Ransom, CFTT Board Chair believes most people won’t even notice the change. He stated the CFTT wanted it that way since they have spent much effort to help the public associate the logo with the organization and did not want to have to start over in this effort.

CFTT is now serving Bradford, Potter, Sullivan, and Tioga Counties in Pennsylvania and Tioga County in New York State. There are approximately 180,000 people living in their service area. The CFTT is a purely public charity, incorporated as a non-profit, that has been granted 501(c)(3) status by the IRS. The mission of the CFTT is to continuously improve the present and future quality of life in the counties served by the Foundation.

The CFTT establishes endowment funds from contributions of many individual citizens, corporations, other foundations, other charitable organizations and government agencies for philanthropic purposes. Anyone interested in learning more about the CFTT or in establishing a fund can contact the organization by any of these methods: telephone - 570-888-4759; fax - 570-888-2179; email - cftt@stny.rr.com ; or website - www.twintierscf.org .

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