2022 Year in Review

A Letter from our Board

December 1, 2022

Dear Lake Toxaway Estates Neighbor,

Lake Toxaway Charities was founded 45 years ago by a few generous residents who recognized the profound needs of our community at that time, as well as the anticipated needs of the future. They believed in the importance of charitable giving and support of our neighbors, knowing this to be a necessity for Lake Toxaway to continue to be the vibrant and special community that it remains. Because of our founders and your steadfast support, we are proud to report that LTC’s grants to local non-profit organizations have disbursed over $5,000,000 to date.

Our “Peace Love and Happiness” annual
sports day and gala raised over $1,000,000 this year, resulting in another record year of fund-raising. In addition, the 2022 Angel Tree Giving Program co-sponsored by The Greystone Inn will provide over 200 families with food, clothing and gifts this holiday season.

Our Grant Assessment Committee works throughout the year by staying in close relationships with Agency Directors, allowing annual grant decisions to be made carefully and wisely. To complement this, our Volunteer Program has connected many residents and agencies, allowing them to share their knowledge and experience.

Hundreds of volunteers continue to log countless of hours both annually and seasonally. Because of this, we are able to retain minimal part time staff with astonishingly minimal expense, resulting in 98% of your gifts directly benefiting Transylvania County individuals and families.

Our county shares the vast economic and social challenges also seen in many communities across the country. The continual after effects of the pandemic, inflation, and natural disasters are an unfortunate certainty. Because of this, Lake Toxaway Charities needs your continued support to sustain our giving to deserving neighbors in need of assistance.

We hope you will enjoy reading this review, which describes more details about the positive impact of your contributions. It also provides information on how you can donate to Lake Toxaway Charities via checks, gifts of appreciated stock, planned giving from your estate, and gifts specifically designated for our board directed endowment fund, the Lake Toxaway Charities Community Giving Fund.

Please accept our gratitude for embracing our culture of care and concern for those in need. You continue to amaze us with your gifts, and because of you, Lake Toxaway Charities is able to reach deeply into Transylvania County with generous assistance.
We thank you.

Chip Brown, Jenny Renfroe, Gary Sperduto, and Carroll Summerour
The Board of Lake Toxaway Charities

“There is no greater exercise for the heart than reaching down and lifting people up.”

– J. Holmes, Army vet

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