SBCA Foundation & Endowment
This is a great way for everyone in our industry to channel charitable resources back into our communities.
You may donate to the foundation by filling out the SBCA Foundation & Endowment Pledge Form.
The Foundation’s mission is, “Giving back to our community through philanthropic avenues to improve housing-related opportunities for the disadvantaged.”
Examples of how this money may be used include scholarship programs and curriculum development aimed at youth and schools who would benefit from greater exposure to building trades like component manufacturing and framing. Similarly, funds from the Foundation could be used to help develop training and apprenticeship programs focused on our industry. The Foundation will also contribute financial resources towards housing-related charitable endeavors such as Operation Finally Home and Habitat for Humanity. Finally, funds could go towards efforts such as planting trees to support and promote the sustainability of our industry.
The SBCA Foundation will enable SBCA Chapters, companies, and individuals to give back to the industry. It is a standalone 501(c)(3) organization that is wholly owned by SBCA, which means financial resources donated to the SBCA Foundation are considered charitable for federal income tax purposes and are tax deductible for both companies and individuals. This is a big change from past donations to SBCA, a 501(c)(6) organization, which were not tax deductible. The goal is to create a sufficiently large endowment that will allow the Foundation to annually contribute funds from the income made from investments, allowing the principal to continue to grow through ongoing donations.
I want to thank Joe Hikel for leading the charge on this initiative, both through his leadership and his generosity as a founding contributor. I also want to thank the rest of the SBCA Finance Committee that has been working diligently behind the scenes to get it off the ground: Jeff Taake, Kendall Hoyd, and Ben Hershey. The Foundation is currently operational and accepting donations, and there are several very generous donors who have pledged significant resources to establish a large initial fund principal. If you would like to contribute to the SBCA Foundation, click on the button below.