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Community Foundation

NASCAR Foundation receives gift of $39K from Community Foundation

Pictured from Left to Right: Mike Jiloty, Community Foundation Advisor, Bill Navarra, Past Chair of the Community Foundation, Nichole Krieger, NASCAR Foundation Executive Director, William Ward, Community Foundation of Volusia & Flagler Executive Director, Tom Upchurch, Community Foundation Chair. 

Earlier this summer, the Community Foundation of Volusia & Flagler honored International Speedway Corporation CEO & Vice Chair Lesa France Kennedy with its Herbert M. Davidson Memorial Award for Outstanding Community Service. The event was particularly well attended by community leaders and raised a significant amount of money for the NASCAR Foundation, a check for which was presented today at the International Motor Sports Center. Community Foundation officials presented a check for $39,117 to NASCAR Foundation Executive Director Nichole Krieger in a brief ceremony.

“We express our gratitude to the leaders of the Community Foundation of Volusia-Flagler for this generous gift,” said Krieger.” Our two organizations share a deep commitment to community. This gift will be instrumental in helping the NASCAR Foundation increase its reach to children in need – here and in our race communities throughout the nation.  We believe every child should have a chance at a healthy life and deserves to get across the finish line. We are making children’s health and medical needs our top priority.”

The NASCAR Foundation serves communities in the tradition of its founder, the late Betty Jane France, whose philanthropic endeavors often focused on children’s causes. The NASCAR Foundation provides medical services to children through its nationwide Speediatrics Children’s Fund, the Betty Jane France Humanitarian Award program, and its Speediatrics facilities in Daytona Beach and Homestead.

“We salute the work of he NASCAR Foundation and its good work on behalf of children in need here in Florida and beyond,” said Tom Upchurch, Chair of the Community Foundation.  “I think we all agree that we cannot do enough for children who are in need, and the NASCAR Foundation underscores that sentiment in so many ways.”

Commenting on the commitment of Lesa France Kennedy and the France family to children and the community, Community Foundation past president Bill Navarra said. “It is not possible to overstate the impact Lesa and her family have had on our community and beyond. She works consistently to help build a better future for children.”

The Herbert M. Davidson Memorial Award for Outstanding Community Service was presented to Lesa France Kennedy in May by the previous recipient, former Congressman John Mica at the Community Foundation’s annual banquet.  It is named for the late Herbert M. Davidson, former publisher of the Daytona Beach News-Journal. He was known as a community and business leader, a journalism pioneer, a civil rights pioneer, a patron of the arts and a philanthropist.

About the Community Foundation of Volusia & Flagler

The Community Foundation of Volusia & Flagler operates as the permanent endowment of our local United Way.  It is completely separate from United Way’s annual campaign: It exists to support a broader range of long-term community needs through the income of its fund’s portfolio.  This is accomplished primarily through the EDGE Initiative, which supports United Way’s Community Impact Model, by offsetting the cost of United Way’s annual fund-raising expenses so as to increase the percentage of campaign donor dollars that are allocated directly to partner agencies, which serve this model.  Through the Community Foundation, new investments are made each year in the form of trusts, family foundations, gift annuities, and donor advised or designated funds. Donors’ investments not only benefit themselves, but also provide for vital community services. Through investment opportunities such as Income Annuities, Lead Trusts, Remainder Trusts, and Pooled Income Funds, our clients’ investment grows, their financial security is ensured, and they leave a gift in perpetuity of lasting significance.