Who Pays the Bills?
"We serve as a connector between the givers and the recipients," says MariBen Ramsey, legal counsel for the foundation that last year topped the $5 million mark in the amount of grants it awarded to organizations around town.
In the case of the A2K New Year's party, the funds raised by the event planners are handed over to the foundation, which in turn pays A2K's bills, including event planner John Segrest's paychecks without collecting a cent for its effort. The event is what Ramsey calls a "special project." "We provide these kinds of services for projects that we think are for the good of Austin," she says. "This is a very positive way of celebrating the millennium and bringing people downtown."