Board of Governors
Members of the Board of
Governors are chosen for their
knowledge of and contribution to the
Central San Joaquin Valley. They authorize
and control all grants made from the
funds of the Foundation, in accordance
with the terms, if any, governing each fund.
Members appointed are "to act in their
own right and not as a representative
of any interest group."
C. J. Peter Bennett
Appointed by the Trustees' Committee
William Boggs
Appointed by the Mayor of the
City of Fresno
Mrs. Neil Dau, Jr.
Appointed by the President of the
Junior League of Fresno
Lewis S. Eaton
Appointed collectively by the Presidents of the Fresno Arts Center,
Fresno Philharmonic Association and
the Fresno Community Theater
Price Giffen
Appointed by the President of United
Crusade of Greater Fresno
Mrs. John Harris
Appointed by the Chairman of the
Board of Supervisors of the County
of Fresno
Leon S. Peters
Appointed by the President of California State University, Fresno
T. Newton Russell
Appointed by the President of the
Fresno City and County Chamber
of Commerce
Harold V. Thompson
Appointed by the presiding Judge
of the Superior Court of the County
of Fresno
Community foundations
favored by U.S.
Treasury regulations
After several years of study the U.S. Treasury,
in January 1977, issued regulations governing the
operation of community foundations. These
regulations divided charitable organizations
into: 1. public supported and 2. private
foundations. Private foundations are subject
to a four percent excise tax on investment
income, a mandatory rate of annual charitable
disbursements, limitations on operations
and extensive record keeping and reporting.
None of these apply to the Fresno Regional
Foundation which is classified as a publicly
supported organization.
A donor to the Fresno Regional Foundation
may expect the maximum income and state
tax deductions allowed by law, plus the lowest
charge for operational expenses. A donor may
also have the pleasure of addressing the
charitable needs of the area and knowing that
as times and circumstances change, the flexibility
of a community foundation provides for such
change. This flexibility and security are
provided through a nine member Board who
serve without pay and are selected by various
segments of the community for their experience
and insight.
kTCC
.axuLiu angiogram tomorrow, and most
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likely brain surgery next week? nothing definite yet.
I enjoyed the two issues of Vision which you sent. Fresno
Community Hospital certainly seems very progressive and appears to
have a considerable future. Good-luck.
Again, thank you from all of us.
Yours truly,
Mr. and Mrs. L. Peters
4712 VanNess Blvd.
Fresno, California 93704
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