President's Message
Karen McNeil-Miller
President
As always, we enter a new year with a sense of hope and promise. We also face the present reality of a challenging economic environment. The Kate B. Reynolds Charitable Trust and the organizations we support make commitments to solve the pressing needs for our most vulnerable residents. Our strategies require looking ahead to the longer-term goals while paying attention to the immediate problems resulting from the current economic environment. Like many other charitable institutions, the Trust has experienced a decline in our investment income and corpus which will affect our grant-making in the near term. We know we must find a way to be flexible and timely in our investments in this community.
We remain committed to improving the quality of life and health for the financially needy residents of Forsyth County and all of North Carolina through our areas of emphasis and strategic priorities. We are sensitive to the economic challenges and their impact on nonprofit agencies as we all feel the effects of a volatile economy. We will continue to evaluate these changes and develop responses to the challenges that lie ahead.
Please know and be assured that the Trust intends to honor all current single and multi-year grant commitments we have made. Any additional funds that we do have available for distribution will allow us to be responsive to some of the ever staggering health and human service needs of our most vulnerable residents. We will proactively look to make strategic investments in programs and opportunities that will provide relief, improvement, and promote social change. This economic uncertainty will eventually fade, but our commitment to the financially needy continues as we face these challenging times together.
Thank you for all you do to improve the lives and health of so many individuals and families. We at the Trust value our partnership with you and look forward to continued collaboration to achieve our mutual goals.
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Karen McNeil-Miller
President
