The McCormick Arts Council (MACK) to receive $2.6M in Combined Gifts

Note: The McCormick Arts Council (MACK) adds a tremendous amount of value to the lifestyle and culture in the McCormick area. The MACK provides opportunities for enrichment, mentorship, community involvement, and more for the surrounding community, including Savannah Lakes Village. We are re-publishing this exciting announcement with the MACK’s permission. Here is a link to the original post:
https://mccormickarts.org/the-mccormick-arts-council-mack-to-receive-2-6m-in-combined-gifts/


Top Photo: (Left to right) Peter Manning, Frank McMullen, John Bracknell, Holly Bracknell, Roberta McKee, Patti McAbee, Janice Grizzard, Gail Gore (Seated) Chris McMullen, Heather McNally, John Yoder, Robin Rosenberg (Not in photo) Danielle Hutton, Elaine Chiles, Mertice Earl. Photo taken at the Belmont Inn, Abbeville on 10/21/2020 / Photo credit to Danielle Hutton

MCCORMICK, SC –  The McCormick Arts Council (MACK) announced a major foundation gift and development project. This milestone is a major moment in the timeline of the MACK’s service to our community and its mission to provide art, culture and education to the region.

“We are very fortunate to have received an official announcement that the MACK will directly benefit from a combined charitable gift of $2.6M. This is an incredible opportunity to continue our efforts to serve our mission for the next 35 years!”

~Heather McNally, MACK Director of Programs and Development

To confirm, the MACK will be receiving $1.1 million specifically for the purpose of capital improvements for The MACK Rehabilitation Project.

Purpose. It is understood and agreed that the gift will be used for the following purpose or purposes: To fund the MACK Rehabilitation Project and establish a capital fund from which the annual interest earnings will be used to address the annual maintenance / capital plans and needs.

To also confirm, the MACK will be receiving $1.5 million specifically for the purpose of establishing an educational fund, with an established investment committee to yield approximately $50,000 annually to continue our scholarship and investment in youth programming.

Purpose. It is understood and agreed that the gift will be used for the following purpose or purposes: To establish a MACK educational fund for the purpose of providing an annual scholarship program. This scholarship program provides financial aid to graduating seniors from McCormick and Abbeville counties and will continue to reflect the donor’s intentions to develop students’ awareness in the importance of problem solving, creativity and communication. The MACK agrees to distribute $35,000 annually.

Purpose. It is understood and agreed that the gift will also be invested and used for the additional following purpose or purposes: To provide annual funds to support the continued development and continuation of quality youth programming.  Additional funds that are generated through investment and interest earnings will support the annual needs of the MACK’s youth programming plan. The intention is to assist local students to ensure access to quality programming and cultural opportunities. The MACK will take the responsibility to plan, manage, implement or provide partnerships to ensure artistic, cultural and educational programs are available to our youth community.

The Historic Keturah Hotel was deeded to the McCormick Arts Council through approved ordinances under the leadership of our Board Chair, Bob Berry, and required the MACK to use the building “to provide art, culture and education to the extended community” and “maintain the property in good condition,” according to the title transfer from the town. This process allowed the MACK to independently proceed with the necessary steps to ensure we are able to serve as a safe, accessible, and fully functioning site for our community members and visitors.

“My intentions are to give locally, providing crucial support especially in the area of students’ needs.  I was fortunate for my unique opportunities, and with hard work and an ability to problem-solve, was in the position to help others.”

~ John Yoder, Yoder Rosenberg Family Foundation

This gift shares the name with the Rosenberg Family of Abbeville, SC. John and Jenny shared a special relationship and were both fortunate to be able to consider their intentions to support their shared communities. These gifts will impact generations to come and we are honored, humbled, and grateful to be able to serve our community to provide accessible and affordable cultural experiences and quality programs.

While this is wonderful news … these are very big announcements and we have quite a bit of work to do. These gifts are generous and will certainly positively impact our organization for generations to come, however, they are restricted for specific purposes and will be invested to allow the MACK to uphold their legal agreements with the donor. This means that we will be able to make the essential building investments and offer the annual scholarship for years to come, but we will still need to provide for our annual operating budget. Our goal is to share and celebrate this incredible gift with our members, community and various stakeholders. What a wonderful way to end a very unusual year!

For additional information regarding this announcement, please contact Heather McNally or the MACK directly.

Heather McNally
Director of Programs & Development
The McCormick Arts Council (MACK)
www.mccormickarts.org
mccormickarts@gmail.com
(864) 852-3216 (Office)
(864) 602-0331 (Direct)
PO Box 488 / 115 S Main Street
McCormick, SC 29835

Art changes lives!

ideal-LIVING Magazine Names Savannah Lakes a 2020 Best Lake Community

This is a press release from ideal-LIVING Magazine, a publication that has been “helping people find their ideal community and home for over 25 years.”

WILMINGTON, NC – ideal-LIVING magazine is pleased to announce its fifth annual “Best of the Best” issue which features the Top 100 Planned Communities. The magazine will be in homes by July 16th. The honorees will also be revealed on www.ideal-LIVING.com/bestofthebest at the same time.

Surveys were collected at the 2020 Ideal Living Real Estate Shows which showed the top amenities in which potential homebuyers were interested. The Top 100 amenity communities were chosen based on the top amenities requested, including walking trails, wellness facilities, proximity to healthcare, social clubs, swimming, a sense of community, cycling, racquet sports, gated, lake communities, and coastal communities.

A special editorial committee assembled by the publication reviewed the qualifications of each nominee and selected the winners in 12 categories.

Among the categories honoring residential communities are the “Top 100 Planned Communities,” “Best Lake Communities,” “Best Mountain Communities,” “Best Coastal Communities,” “Best Golf Communities,” “Best Tennis and Pickleball,” and those with the “Best Wellness & Fitness Facilities.”

“The ‘Best of the Best‘ feature honors those areas and communities which deserve special recognition for their outstanding qualities, facilities, and programs,” said ideal-LIVING’s Editor and Associate Publisher, Kelly Godbey. “During the challenging times, we hope that this special feature in our Summer 2020 edition offers our readers a chance to find a better quality of life in a safer environment. Lifestyle is now more important than ever before and with many people able to work from home gives the ability to relocate sooner than they thought possible.”

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For more than 25 years, ideal-LIVING magazine has been a leading national publication for readers who are nearing retirement age or who are interested in the benefits of relocating their families or businesses. The magazine’s parent company, RPI Media, also distributes other publications like the comprehensive ideal-LIVING Relocation Guide and sponsors the company’s signature ideal-LIVING Real Estate Shows each year. For more information, go to the website at www.ideal-LIVING.com.

Village & Developer Received Award of Excellence for Business

The McCormick County Chamber of Commerce recently co-awarded SLV and the Savannah Lakes Real Estate and Development Center with the Award of Excellence for Business. The presentation of this award was quite a surprise to SLV representatives in attendance and to representatives from the Development Partner. Bob Stockton is a reporter for the McCormick Messenger, and he provided coverage of the McCormick Chamber’s annual meeting on January 31, 2019. Here is Mr. Stockton’s article:

Read more

SLV Development Partner Makes Clean Sweep of Adjacent Properties at Auction, SLV Representatives Pleased

For Immediate Release

MCCORMICK, SOUTH CAROLINA – The Savannah Lakes Village Property Owners Association (SLV) issued a statement this week that they are extremely pleased to confirm that their principal development partner, SLV Property Holdings, LLC (SLVP), has purchased at auction more than 500 acres of both developed and undeveloped properties located within the master plan of the community.

The auction was conducted Wednesday, April 4 at Hickory Knob State Park, adjacent to SLV, and included the sale of the resort peninsula and approximately 537 undeveloped acres of land bordering the village. The resort properties, formerly owned by Eight Acre, LLC and the Lodge Group, LLC — including a lodge, convention center and restaurant — had been closed for several years. SLV President Ray Tarnosky and General Manager/Chief Operating Officer Kirk Smith said the renovation and redevelopment of these properties would benefit SLV residents and McCormick County, and it will substantially increase the attractiveness of SLV as one of the finest residential communities and tourist destinations in the Southeast.

The successful bid for the resort peninsula properties totaled $1.5 million, and the bid for the 10 undeveloped properties sold was $835,000. Adding a 10 percent buyer’s premium to the price brought the total to $2,568,500.

The purchase of the auctioned properties complemented SLVP’s agreements on Tuesday, April 3, to acquire more than 2,000 home sites within Savannah Lakes Village. Tarnosky and Smith stated that very fortuitous circumstances created the opportunity to expeditiously acquire the home sites, resort facilities and undeveloped tracts of land by their development partner. They noted that they were also very fortunate to be able to work with the two principal partners of SLVP, Robert Bradley and James Walsh, in assisting them in their tireless and concerted efforts to bring these deals to fruition.

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