The Good Works Fund was established in 2009 to support charitable giving in the insurance field with an emphasis on insurance education. Contributions help support endowments to institutes of higher education with insurance degree programs, and provide scholarships to talented students pursuing insurance as a field of study.
Gifts to the Good Works Fund ensure both current and future good works: 25 percent of each gift is invested as an endowment to perpetuate the mission of the FAIA Good Works Fund for many generations. The Community Foundation of North Florida* manages all contributions to the FAIA Good Works Fund, which are tax-deductible, and a volunteer leadership committee oversees the fund's administration and other efforts.
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“The Fund is established for the purposes of supporting charitable activity within the insurance field, giving priority to insurance education activity, including but not limited to grants to nonprofit institutions for scholarship programs.” The Fund is designed to:
Bob Ross Scholarship: Starting in 2014, this scholarship will award $5,000 to a Florida student pursuing a degree in insurance and risk management.
Tom C. Johnson Scholarship: Established in 1990, this scholarship is awarded in honor of the former FAIA president. One scholarship in the amount of $1,500 is awarded for the academic year. Eligibility criteria include: academic performance, career interest in the property and casualty industry; financial need; extracurricular activities; upper-class status (returning senior); RMI major; and Florida resident. The recipient is selected from students nominated by RMI faculty at Florida State University.
Buddy McCue Scholarship: Established in 1998, this scholarship is awarded in honor of the former FAIA president. The scholarship award is $1,000 for the academic year, and selection criteria are similar to the Tom C. Johnson Scholarship.
The Good Works Fund provides scholarship and other support to the following colleges and universities, and is working to expand its partnerships with other regions of the state in the coming year.
A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION MAY BE OBTAINED FROM THE DIVISION OF CUSTOMER SERVICES BY CALLING TOLL-FREE (800-435-7352) WITHIN THE STATE. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL OR RECOMMENDATION BY THE STATE. REGISTRATION #CH-10676.
If you would like to contribute to the Good Works Fund, knowing that you are helping to further the education of future members of the American Agency System, donate online or download the printable contribution form (PDF).
Important: When you donate online, you'll proceed to the Community Foundation of North Florida's PayPal page. At the final stage of "check out," you will be asked to indicate the name of the Fund to which you are contributing.
*The Community Foundation of North Florida is a 501(c)(3) organization that manages the fund, handles legal issues, provides investment expertise, and ensures full compliance with the IRS. When donating online, a service charge of 2 to 2.5 percent is incurred on credit-card donations. The charge will appear on your statement as PAYPAL *COMMUNITYFO.
FAIA congratulates Michael Howard and Britain Dooley, recipients of the 2014 15 Tom C. Johnson and Buddy McCue scholarships, respectively. Both scholarships are named in honor of former FAIA presidents.