The Banks Foundation

The Triangle Golf Challenge, in support of Triangle charities, held on Friday June 14, 2013 at UNC Finley Golf Course in Chapel Hill, NC raised over $40,000 to benefit The Banks Foundation in its mission to assist families who are moving from public housing to private homeownership. The Banks Foundation also donated $3,000 of the proceeds from the tournament to Communities In Schools (CIS) of Durham, a local affiliate of the nation’s most effective dropout prevention model.

“Many of the students served by CIS are the first in their family to graduate from high school.  CIS’s programs connect students to resources and support systems to ensure they graduate and have a pathway to success after graduation,” said Elizabeth Levene, Interim Executive Director at Communities in Schools of Durham. “We are so proud to partner with and have the support of a wonderful group like the Banks Foundation.”

The Banks Foundation is now putting the funds to work, accepting grant applications for the 2013-2014 grant cycle to provide down payment assistance to families who have qualified to purchase their first home. The Foundation provides downpayment assistance to families who have received public housing or Section 8 assistance in the past, have entered into and completed a Family Self-Sufficiency (FSS) contract or similar agreement, have income that is less than 80% of the area median income, and have qualified for a home loan. Grants average around $2000.

“The Banks Foundation has been a blessing to my family in a time of need,” said Ms. Tanesha Summers, a recent recipient of the Banks Foundation’s down payment assistance program who closed on her new home in November, 2013. “I am so thankful to The Banks Foundation for helping enable me to purchase a new home.”

If you or someone you know has demonstrated their desire and ability to move up and out, application information and grant guidelines are available on the Community Foundation’s website at www.thebanksfoundation.org.

The Triangle Golf Challenge pre-tournament reception and silent auction will be held at Brier Creek Country Club on Thursday, June 13, 2013, from 5:00 PM to 8:00 PM. The proceeds will benefit The Banks Foundation and Communities in Schools.

The cost is $50 per person. Register to attend at www.trianglegolfchallenge.org. Guests of the event will have the chance to mix and mingle with celebrity guests participating in The Triangle Golf Challenge tournament the next morning. Previous years celebrity attendees included Walter Davis, Jerry Stackhouse, James Worthy, Phil Ford and Rod Broadway. The Triangle Golf Challenge tournament will take place the next morning at UNC Finley Golf Course. Triangle Golf Challenge tournament sponsors and players may attend the reception for free.

“I want to extend my sincere gratitude, on behalf of The Banks Foundation, to all who donate to enable us to assist more families in home ownership and to surround youth with a community support,” said Sherrod Banks, President of The Banks Foundation. “We are looking forward to another successful event and the opportunity to support CIS Durham.”

The Triangle Golf Challenge is currently soliciting donations, giveaways and sponsorships. For more details, contact Sherrod Banks at 919-474-9137 or by email to [email protected]. To view online team registration forms, sponsorship forms or reception and silent auction information, visit http://www.trianglegolfchallenge.org.

The Banks Foundation, a tax-exempt organization that assists families who are moving from welfare to work and from public housing to private home ownership, has announced their tenth annual charity golf tournament is now “The Triangle Golf Challenge” in Support of Triangle Charities. The tournament will be held on Friday, June 14, 2013 at UNC Finley Golf Course in Chapel Hill, NC. Amateur golfers of all skill levels are invited to compete in a two-person scramble format.

The events will kick off Thursday evening, June 13, with a reception and silent auction held at Brier Creek Country Club. Guests of the events will have the chance to mix and mingle with celebrity guests participating in the tournament. Previous years celebrity attendees included Walter Davis, Jerry Stackhouse, James Worthy, Phil Ford and Rod Broadway.

Proceeds from the events will benefit The Banks Foundation and Communities In Schools of Durham.

“The generosity of the players, sponsors and all who donate this year is making it possible for The Banks Foundation to assist more families in home ownership and to surround youth with a community support,” said Sherrod Banks, President of The Banks Foundation. “We are looking forward to another successful event and the opportunity to support CIS Durham.”

The Triangle Golf Challenge is currently soliciting donations, giveaways and sponsorships. For more details, contact Sherrod Banks at 919-474-9137 or by email to [email protected]. To view online team registration forms, sponsorship forms or reception and silent auction information, visit www.thetrianglegolfchallenge.org.

The Banks Foundation, a tax-exempt organization that assists families who are moving from welfare to work and from public housing to private homeownership, has awarded three new grants to provide down payment assistance to families who have qualified to purchase their first home. This money was awarded from over $28,000 the Foundation raised to offer grant applications in the 2012-2013 grant cycle to the following recipients:

Curtis Newkirk received a $1,000 grant on September 18, 2012.

Jessica Zenaida Estrada received a $1,000 grant on October 29, 2012.

Aymina M. Wheeler received a $1,000 grant on January 31, 2013.

“We really enjoy being able to provide support for these families at a time of need to help them achieve the American Dream,” said Anna Cooper, Treasurer of The Banks Foundation.

The Banks Foundation provides downpayment assistance to families who have received public housing or Section 8 assistance in the past, have entered into and completed a Family Self-Sufficiency (FSS) contract or similar agreement, have income that is less than 80% of the area median income, and have qualified for a home load. Grants average around $2,000.

If you or someone you know has demonstrated their desire and ability to move up and out, click here for application information and grant guidelines.

We are now accepting grant applications to provide down payment assistance to families who have qualified to purchase their first home. The foundation has raised over $28,000 to offer grant applicants in the 2012-2013 grant cycle.

The Foundation provides downpayment assistance to families who have received public housing or Section 8 assistance in the past, have entered into and completed a Family Self-Sufficiency (FSS) contract or similar agreement, have income that is less than 80% of the area median income, and have qualified for a home loan. Grants average around $2000.

“I would like to commend The Banks Foundation for giving families like mine the opportunity to be able to purchase a new home,” said Ms. Lonetta Love, a 2011 recipient of the Banks Foundation’s down payment assistance program. “The Banks Foundation was a huge blessing at a time of need, and I sleep much better at night now knowing that my children are safe thanks to this great organization.”

If you or someone you know has demonstrated their desire and ability to move up and out, click here for application information and grant guidelines.

Our Ninth Annual Charity Golf Event was held on Friday June 15, 2012 at The Preserve at Jordan Lake Golf Club in Chapel Hill, NC. Teams joined basketball legend Walter Davis and raised over $28,000 to benefit The Foundation in its mission to assist families who are moving from public housing to private homeownership.

The night before the golf tournament, a reception and silent auction was held at Brier Creek Country Club with Ken Medlin of WRAL as Emcee.  Lonetta Love, a 2011 recipient of the Foundation’s down payment assistance program, was the keynote speaker. Prior to purchasing her Habitat for Humanity built home in Graham, NC, she had lived in public housing for four years with her three children. Love expressed her thanks to donors for sponsoring part of her down payment enabling her to pay for fixtures to her new home, transferring utilities and moving expenses.

“I just celebrated my one-year anniversary in my new home and would like to commend The Banks Foundation for giving families like mine the opportunity to be able to purchase a new home,” said Ms. Love. “The Banks Foundation was a huge blessing at a time of need, and I sleep much better at night now knowing that my children are safe thanks to this great organization.”

The golf tournament began the next day with 90 golfers taking the course, including 20 golfers from area high schools, as well as celebrity players Phil Ford and Walter P. Davis.

Awards were handed out for the first, second and third place winning teams in an Open Flight, a High School Flight and a Senior Flight.  Awards were also distributed for closest to the pin and longest drives. Two raffles were awarded, one in cash and the other as a trip to Las Vegas.

“We are so pleased about how the support and participation has grown for this event,” said Sherrod Banks, President of the Foundation. “We are thankful for our sponsors and players who give so much time and money to our cause of helping these families achieve the American Dream of home ownership.”

The Banks Foundation, a tax-exempt organization that assists families who are moving from public housing to private homeownership, will hold its Ninth Annual Charity Golf Event on Friday June 15, 2012 at The Preserve at Jordan Lake Golf Club in Chapel Hill, NC. Teams can join basketball legend Walter Davis to raise funds to benefit The Banks Foundation in its mission to assists families who are moving from public housing to private homeownership.

The night before the golf tournament, a reception and silent auction will be held at Brier Creek Country Club. Attendees of the 2011 reception included Jerry Stackhouse, James Worthy, Walter Davis and Rod Broadway.

“Last year, the Banks Foundation golf tournament raised over $27,000, which helped six families buy homes this past year,” said Sherrod Banks, President of the Foundation. “We are looking forward to helping even more this year, and we are thankful for all the support of the sponsors, players and sports celebrities who give so much time and money to the cause!”

The Banks Foundation is currently soliciting donations, giveaways and sponsorships for the events. For more information, contact Sherrod Banks at 919-474-9137 or by email to [email protected].

RTP, NC: The Banks Foundation, a tax-exempt organization that assists families who are moving from welfare to work and from public housing to private homeownership, held its Eighth Annual Charity Golf Event on Friday June 17, 2011 at The Preserve at Jordan Lake Golf Club in Chapel Hill, NC. Teams joined basketball legend Walter Davis to raise funds to benefit the Foundation. Eno Haven Apartments was the Title Sponsor of the event.

The night before the golf tournament, a reception and silent auction was held at Brier Creek Country Club with Keith Medlin of WRAL as Emcee and Lonetta Love, a recipient of the Foundation’s down payment assistance program, giving a keynote.  Attendees of the reception included Jerry Stackhouse, James Worthy, Walter Davis and Rod Broadway.

The golf tournament began the next day with 82 golfers taking the course, including celebrity players, Phil Ford, James Worthy, Al Wood, Levelle Moton and Henry Frazier. Six high school players were also sponsored.

Awards were handed out for the first, second and third place winning teams, as well as the high school winner.  Awards were also distributed for closest to the pin and the longest drives.

“The golf tournament was a fantastic event, and we continue to see the reception gain momentum,” said Sherrod Banks, President of the Foundation. “We are very appreciative of all the sponsors and players who give so much time and money to our cause, and we are excited about the growing support from local sports celebrities, as well!”

For more information about the tournament, contact Sherrod Banks at 919-474-9137 or by email to [email protected].