Welcome to the Southern Tier West Development
Foundation. We are a regional
community foundation created by and for the people and communities
in Allegany, Cattaraugus, and Chautauqua Counties and tax exempt
under Sections 501(c)(3), 509(a)(1) and 170(b)(A)(iv) of the Internal
Revenue Code.
We're governed by a volunteer Board of Directors and work to
improve the region's quality of life and economic vitality by
meeting changing needs, strengthening community capacity and helping
important community and economic development projects find success.
While most charitable organizations fund their activities from
annual contributions, we pool charitable contributions received
from many different donors into permanent, income-earning endowment
funds. Our role is to:
- Build and manage permanent endowment
- Use the earnings from the endowment to support a wide range
of regional and local community and economic development initiatives.
- Provide donors with a flexible range of giving and disbursement
options.
We enable people with philanthropic interests to easily and effectively
support the issues they care about - immediately, or through their
will. Donors can establish a charitable fund with us by contributing
a variety of assets and may also recommend grants - in their name,
if they choose - to communities and nonprofit groups they want
to support.
We seek to serve as a catalyst for the region to recognize its
strengths and to develop a common vision for the future. Our motto
reflects this commitment:
OUR COMMUNITY
- WORTH THE INVESTMENT!