August 28, 2007

Dear Friend of the Otis Smith Kids Foundation,

On behalf of the staff, Board of Directors, and most importantly, the children that we serve, thank you so much for supporting our mission and programs. For 18 years, the Foundation has provided much-needed programs and services for at-risk elementary school children here in Jacksonville, and your support has been crucial to our success. We have blazed a path for many of today’s professional athletes who have an interest in giving back to their community, and we are proud of that legacy.

That being said, it is with sadness that we announce we will be ceasing daily operations and closing our office at the end of 2007. The current economic environment, in addition to increased competition for corporate and private donations, were dominant factors in our decision-making.

Although our current programs will cease to exist, we are excited to announce that the Foundation has created endowed scholarship funds at Florida Community College at Jacksonville, the University of North Florida and Jacksonville University, ensuring that former Foundation students have the opportunity to pursue higher education.  Our Board of Directors will continue to volunteer its time to oversee our scholarship programs at each college and university.

It has been an honor to serve the children of Jacksonville, and we appreciate you giving us the opportunity. If we can answer any questions, or provide additional information, please don’t hesitate to contact us at (904) 291-8604 or via email at info@otissmithfoundation.com. Thank you again for your support.


Best wishes,


Otis F. Smith
Founder
Otis Smith Kids Foundation