At The St. Joe Community Foundation (Foundation) we consider this area our home – a treasure that deserves thoughtful stewardship. That is why we are investing in the future of the region. We want to be sure what is unique stays that way for generations to come. It is our desire to create a legacy of value for each of the many special communities in this wonderful area that we all call “home”.
The Commitment: The Foundation was established as a 501(C)3 private foundation dedicated to the ongoing improvement of the quality of life for the people who live, work and play in Northwest Florida.
- The Foundation grew out of recognition the communities and resorts being created by The St. Joe Company (JOE) will have an immediate and long-range impact on the region.
- Foundation funding is received from a percentage of the proceeds from sales in specific JOE communities. Proceeds are then returned to the Bay and Walton County nonprofits through charitable grants that contribute to building a healthier future for all as our region grows.
- Since its inception in 1999, the Foundation has funded over $18 Million in grants to improve the quality of life in the communities it serves.
The Communities: The Foundation provides grants toward the civic infrastructure of communities in Bay and Walton Counties. The primary focus is strengthening education, improving healthcare, protecting the environment and supporting local cultural interests. These efforts help build healthy, caring, long-lived communities.
- The Foundation is currently funded by sales at Breakfast Point, Hawks Landing, Oakmont, Palmetto Trace and The Hammocks in Bay County. Walton County communities include The Retreat, WaterColor, WaterSound Beach, WaterSound Origins, and WaterSound West Beach.
- JOE pays to the Foundation one-half of one percent (.005) of the sales price at the time of the initial sale of the property. Subsequent payments to the Foundation continue through recorded deed covenants that require a transfer fee be paid to the Foundation each time a property is sold in perpetuity. This percentage is to be paid to the Foundation by the buyer of the resale property.
The Foundation invests this money back into the region and in return adds value to the people who live, work and play in Northwest Florida because education, quality healthcare, parks and recreation, cultural experiences, and environmental preservation are important factors that make communities stronger and improve the quality of life for all.