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Wednesday, September 28, 2011

Area Agency on Aging Establishes Fund

Area Agency on Aging Establishes Fund with the Community Foundation

The Area Agency on Aging for the Counties of Bradford, Sullivan, Susquehanna and Tioga, Inc. (BSST AAA, Inc.) recently established an Agency Endowment Fund for itself with the Community Foundation for the Twin Tiers (CFTT). The purpose of the fund is to support the charitable, scientific or educational purposes of the BSST AAA, Inc.

Bill Farley, Executive Director stated, “The BSST AAA, Inc. wished to establish an endowment fund in the Foundation to provide current income and long-term protections for the operations of BSST AAA, Inc. and wishes to have the benefits of such a fund.”

The BSST AAA, Inc. is a community resource for citizens age 60 or older residing within the counties of Bradford, Sullivan, Susquehanna, and Tioga in the Endless Mountains Region of Northeastern Pennsylvania. It encourages older citizens and their families to plan for their future needs by learning more about available resources and options of assistance.
BSST AAA Inc. promotes independent, healthy lifestyles for seniors and provides support for family members who may serve as their caregivers. Valuing the contributions of our senior community they rely upon their talents and expertise to help honor and serve the growing older population in the region.

Marilyn Bok, CEO, stated, “One of the goals of the CFTT is to strengthen the capacity of our nonprofit organizations by helping them establish endowment funds for the long term sustainability of their organizations. We are delighted to be able to assist the BSST AAA Inc. in establishing this fund to assist the organization with operating funds now and in the future.”

The BSST AAA Inc. is a 501(c)(3) tax deductible organization located at 220 Main Street, Unit 2, Towanda, PA 18848 that can be reached by calling 800-982-4346.

The CFTT serves Bradford, Potter, Sullivan, and Tioga Counties in Pennsylvania and Tioga County in New York State. It 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. As the endowment funds grow, earnings from these funds are used to make grants to organizations or projects serving identified community needs.

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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