Sevier County Economic Development Director Tiffany Maurer has announced that a foundation has been created to benefit Sevier County. The foundation is called FRIENDS, and it recently became an official 501 (c) (3) with the IRS allowing donors to receive tax credits. This foundation aims for funds to be raised from donations to assist Sevier County and its residents in cultivating and completing economic development projects and activities.
FRIENDS stands for Funding Retention and Increasing Efforts for Notable Economic Development in Sevier County. It was created last year with citizens of Sevier County in mind. Anyone who donates a minimum of $100 automatically becomes a member of the FRIENDS Foundation and funds raised will help Sevier County grow financially while also providing the Sevier County Economic Development department with the opportunity to receive money for business development, training, advertising, and assistance with projects to benefit Sevier County residents. The foundation will look for projects within opportunity zones while keeping site selection, business retention, and training efforts in mind to help with business development.
The annual FRIENDS Foundation meeting for 2021 will take place at the Herman Dierks Park Community Building in De Queen on Friday, February 5, 2021, at 11:30 a.m. The meeting is open to the public.
Topics to be discussed at the meeting will include future projects, funding progress toward the annual budget, and potential projects to establish the Sevier County Opportunity Zone Investment Fund. Masks will be required, and social distancing will be encouraged.
For questions on becoming a FRIENDS member or to RSVP for the FRIENDS Foundation’s annual meeting, please contact Sevier County Economic Development Director Tiffany Maurer at tmaurer@cccua.edu or 870-584-1184.