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Fundraising

Opportunity Fund Golf Classic

We are pleased to announce that Southside Electric Cooperative will host its Opportunity Fund Golf Classic on Thursday, June 30, 2022, at The Lake Chesdin Golf Course in Chesterfield, VA.

One hundred percent of the proceeds from this tournament are awarded as scholarships by the Southside Opportunity Fund founded in 2016. This 501(c)(3) nonprofit was established to provide opportunities to students across our service territory.

Since 2016, SOF has awarded 114 scholarships totaling $130,000 to some very deserving students. This success would not have been possible without the gracious support of our sponsors and participants.

We would like to invite you to support the Southside Opportunity Fund by serving as a sponsor, or through participation in the tournament on a team. We have various sponsorship and team packages available.

Click Here for packages.

We will also gladly accept prize donations, including goods & services or gift cards, with proper recognition given to all donors. If you are unable to attend the event but want to support our fund, prize donations would be a great opportunity to promote your business or organization.

We thank you for considering this request. With your help, the Southside Opportunity Fund will continue to provide scholarship opportunities for high school students across the 18 counties we serve. We look forward to hearing from you, and, of course, we appreciate any support your company or organization can provide.

Feel free to contact our Community Relations Coordinator, Joy Stump, at
Joy.Stump@sec.coop or (434) 645-3219 with any questions.

Opportunity Fund Skeet & Trap Classic

When: Friday, October 7, 2022

Where: Holiday Lake 4-H Educational Center in Appomattox, VA.

SOF Skeet & Trap 2022 Sponsorship Levels

Registration Form

For more information, please contact Mark Thomas at (434) 645-3276 or mark.thomas@sec.coop

Donate

Our scholarship program began granting awards in 2016 to deserving high school seniors whose parents or guardians receive electricity from Southside Electric Cooperative.   Awards are granted to young people entering college, trade school or the Power Line Worker Training School at Southside Virginia Community College (SVCC(link is external)).

We believe that the future of our communities is best served by investing in our youth. All awards are based on academic achievement and financial need. 

To donate, please contact us:

2000 West Virginia Avenue, Crewe, VA 23930

Phone: 434.645.3185 
Fax: 434.645.2506

E-mail: memberandpublicrelations@sec.coop

 

Hooper Park Rental

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All proceeds from Hooper Park rentals are utilized by the Southside Opportunity Fund.


 

Owned & operated by Southside Electric Cooperative, Hooper Park is a unique community venue.

Among various events, it hosts SEC's annual meeting each September.
 

As part of SEC’s efforts to safeguard the community from COVID-19, no new reservations for Hooper Park will be taken for the remainder of 2021. 


SEC regrets having to take these steps; however, doing everything we can to protect the health, safety and well-being of our community is top priority during this unprecedented health crisis. Our actions also follow recommendations from government and health officials. We look forward to allowing families and community groups to use Hooper Park in 2021.

Estate Planning

Create a Lasting Legacy by Providing Scholarships for Cooperative Youth

Are you or another family member updating your will or making plans for your estate or a distribution from an IRA? We hope you will consider making a bequest or other donation to the Southside Opportunity Fund, Inc., a Virginia § 501(c)(3) nonprofit organization. A bequest is a financial gift of any amount, in the form of personal property, stocks, bonds or cash, which would be transferred to the Southside Opportunity Fund (SOF) after your passing. Your gift will help ensure that future generations of students in the Southside Electric Cooperative service territory will receive critical financial support to pursue their educations.
 



The SOF has developed these questions and answers to inform those who might consider making a bequest or other donation:

Who is eligible to contribute to the SOF? Anyone! You do not have to be a member of Southside Electric Cooperative in order to participate. When making a bequest or endowment, please include the full name and address of the SOF in all legal documents:  Southside Opportunity Fund, Inc. 2000 West Virginia Avenue, Crewe, VA 23930. Upon request, we can provide language that you can review with your attorney or other advisor to assist you in amending your will or other documents.

Can I specify how my bequest will be used? You may not request that your bequest be used to grant scholarships to a specific individual or individuals. However, it would be possible to start a scholarship endowment fund dedicated to the memory of a loved one, for example. The SOF Board of Directors will direct the use of endowment bequests. If you wish to start a scholarship endowment fund in the memory of an individual, please contact us.

May non-cash assets be donated? Yes, stocks, bonds and securities are welcomed, but will likely be converted to cash after receipt. Donations of securities that have appreciated in value may have significant tax advantages for the donor. When the securities are donated, no capital gains taxes are owed because the securities were donated, not sold. The greater the appreciation, the bigger the tax savings will be. You may also list the SOF as a beneficiary on life insurance policies and bank accounts, in which case the SOF would benefit from the donation, upon your passing, outside of probate. 

Who makes decisions involving the investment of bequests made to the SOF? Members of the SOF Board of Directors are collectively responsible for investment decisions. The Board receives advice from independent financial consultants, legal counsel and staff as warranted. The SOF is subject to an annual financial review by an independent CPA firm. Financial review documents can be provided upon request.


Download a brochure on estate planning HERE.

For any inquiries, please email the SOF at Memberandpublicrelations@sec.coop or phone Lloyd Lenhart at 434.645.3185. 

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Contact Info

Southside Opportunity Fund. 

Contact: 1-800-552-2118

 

 

©2022 Southside Opportunity Fund. All Rights Reserved.

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