Why Was It Created?
The Foundation grew out of the recognition that the communities and resorts that JOE is creating will have an immediate and long-range impact on the Northwest Florida region. The Foundation exists because of JOE's commitment to join with others in Northwest Florida to protect the unique characteristics and qualities of life for the people who call this area home. |
What is The St. Joe Community Foundation?
Established by The St. Joe Company (JOE) in 1999, The St. Joe Community Foundation, Inc., (Foundation) is a private 501 (C) 3 nonprofit dedicated to enriching the quality of life of the people who live, work and play in Northwest Florida. |
Who are the Board of Trustees?
Visit the Board of Trustees page for a list of current board members, none of whom receives compensation from the Foundation. |
How are funding decisions made?
The Board of Trustees are guided first by the IRS requirements for gifting 501(C)3 organizations. Based on those requirements they have established guidelines and criteria to determine the viability of applications. Guidelines and the application process are available by contacting the Foundation's Executive Director, April Wilkes, at 850-231-6435, or via email at april.wilkes@joe.com. The Foundation guidelines are also on the Foundation's website, www.joefoundation.com under the "How to Apply" tab on the Foundation website's first page. |
Who administers the Foundation?
The Board of Trustees oversees the grant making decisions at scheduled Board meetingsand the Executive Director oversees the administrative decisions for the Foundation. |
What does the Foundation invest in?
The Foundation invests its funding toward education, the environment, healthcare and cultural arts; what is considered the infrastructure of the communities in Bay and Walton Counties. |
Are these contributions tax deductible?
Each individual's tax situation is different. You will need to consult with your own tax adviser or the IRS to determine if the Transfer Fee is tax deductible by you |
I paid a transfer fee to the Foundation when I purchased my property. Do I have a say in grant making?
Why did JOE create this particular funding source?
JOE wanted to establish a long-term future commitment to the region. The Foundation's investments in the quality of life in the region can be seen as adding value because good schools, hospitals, conservation and cultural experiences are important factors that make communities stronger. |
Who pays the Foundation and how much do they receive?
JOE has established a process for collecting funds on the transfer of real estate for designated communities whereby the Foundation receives ½ of 1% (.005) of the sales price of the initial sale of property. Subsequent sales of the property generate a payment through recorded deed covenants, requiring the buyer to pay a Transfer Fee to the Foundation at closing |
How is the Foundation funded?
Funding for the Foundation comes from a percentage of the selling price in specific communities developed and designated by JOE. |
What specific geographic area does the Foundation serve?
The Foundation currently serves Northwest Florida with a focus on, but not a limitation to Bay and Walton Counties. |
What is the Conflict of Interest Policy?
The Conflict of Interest Policy can be found via this link. |