- June 26, 2024
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Local philanthropist Preston Root has joined the Million Dollar Roundtable, a global group of philanthropists that have contributed $1 million or more within three years to causes through their local United Way organization.
As an advocate for the Community Foundation and United Way of Volusia-Flagler Counties, Root's efforts as a donor, board member and CF division chair "closed gaps and opened opportunities for countless people in our community to achieve success," a press release stated. Root invested in EDGE (Every Dollar Gets Empowered), which is an endowment supporting CF UWVFC, and committed a legacy gift.
“This community has been so good to my family for more than 75 years; it's part of our vision to foster sustainable support for the programs and people who need help," Root said. "The Community Foundation of Volusia-Flagler Counties and our DAF (Donor Advise Fund) help us in our area of passion and assure our mission of supporting endowments is fulfilled. God willing we can keep this tremendous honor going for many years."
This past year, he has also supported animal welfare, the Indianapolis Motor Sport Hall of Fame and Speedway, and geriatric care through his Donor Advised Fund with CF UWVFC.
“The multiple ways in which Preston invests in the community through CF UWVFC demonstrates his trust in our ability to fulfill his philanthropic vision and we are proud to partner with him to fulfill that vision,” CF UWVFC Board Chair Nicole Miller said.
During a recent reception honoring Root, guests read table placards highlighting grants he made this year, the press release states.
“This is a milestone moment for our organization and for the communities that are impacted by Preston’s gifts,” said Courtney Edgcomb, president and CEO of CF UWVFC. “Every gift has a personal story, and we are proud to be a part of Preston’s legacy in this community."
