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Jerry
Hill
Jerry Hill isn’t a native of Springville,
but he cares about his community just the same. A public works employee at
Naval Surface Warfare Center-Crane, Hill is a firm believer in giving back
to his community.
“You have to give your community something
when you are doing good,” Hill said. Hill and several Springville
residents renovated the old
Springville
High School
gym. The goal was to create a community center where scout meetings,
athletic activities and gatherings could take place. Hill was also actively
involved on the executive council of Boy Scouts of America. When Lawrence
County Community Foundation came up with the “Heritage Program” concept,
Springville residents gladly jumped on the bandwagon.
The program is two-fold. One component
encourages outlying communities to open permanent endowment funds and form a
committee of residents to determine how the interest will be spent. The
advisory board composed of Springville residents will determine which
Springville organizations will receive future grant funds. A bonus, the
community receives a $1,000 grant from Lawrence County Community
Foundation’s unrestricted fund for community projects.
Hill donated money to establish a permanent
endowment for the Springville community. “I was one of four charter
donors,” Hill said. “We provided enough money to get it off the
ground.” The principal is invested. When it reaches $5,000, interest
earned is granted back to the community. “The foundation invests the money
and it becomes a gift to the community forever,” Hill said. “I plan to
add to it every year.”
Hill, who contributes significantly to
community projects, said helping to establish a permanent endowment was a
natural thing for him to do. “The money will stay in the community,”
Hill said. “That’s the driver. Grants will be spent in the community.”
The process, Hill said, was simple. “Once
you get it (the endowment fund) started, it perpetuates itself,” he said.
“The Community Foundation helped a lot in getting it started. They prepare
paperwork for you. They handle bookkeeping and investments. The only work
for the committee is recommending where the money goes. It’s so easy,”
Hill added. “I’ve got confidence that the investment will earn income
and it keeps going. It’s a really good deal.”
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