Nancy and Nyle Maxwell Family Fund to Benefit Area Nonprofits
December 2007 - In an effort to boost social services in Round Rock, Mayor Nyle Maxwell and his wife, Nancy, have gifted a significant private donation to the Greater Round Rock Community Foundation.
Since moving to Round Rock from Austin in 1990, the Maxwells have been active participants in its growth. During his six years as mayor, Maxwell has seen the need for social services increase - something that prompted the family's significant gift to the Greater Round Rock Community Foundation. "The Round Rock community has given so much to me, Nancy and our children. By giving to the Round Rock Community Foundation, we are investing in this community's future," Mayor Maxwell said. "This is a way to provide for social services in need as well as a way to give back."
The Round Rock Community Foundation will be the recipient of a major gift through the newly created Nancy and Nyle Maxwell Family Fund, a donor advised fund that allows those making the gift to direct where dollars are invested. It is the largest amount awarded to a foundation in Round Rock's history. "We want to help our community at-large," Mayor Maxwell said. "There are so many worthwhile organizations that need assistance that we won't place limits on who can receive help."
The Maxwells' involvement in nonprofits dates back to 1990, when Nyle and Nancy made their first donation to the Brackenridge Foundation. In 1995, Maxwell became the founding chairman of the Children's Hospital Foundation. He currently serves on the board of trustees for Dell Children's Medical Center Foundation and has supported the Greater Williamson County YMCA in many capacities for 10 years. As former CEO of Maxwell Auto Group and current owner of Nyle Maxwell Pontiac GMC, his businesses have been involved in fundraisers, food drives and many other community outreach projects.
Managing separate gifts to different organizations can be a daunting task, which is what inspired Mayor Maxwell's involvement as a founding board member of the Round Rock Community Foundation. Mayor Maxwell envisioned the Community Foundation as a place where private donations could be organized, managed and distributed to charities in accordance with the donors' interests.
An even greater inspiration for the Maxwells' gift was the ability to be an example for their own children. "It's important for Nancy and me to model philanthropy to our kids," Mayor Maxwell said. "In setting up this donor advised fund, our children can bring forth their funding ideas and contribute in a real and tangible way to Round Rock's future." In Mayor Maxwell's opinion, the Round Rock Community Foundation is just one more way Round Rock can set a precedent. He would like to see the Community Foundation become the primary source for organized giving in the Round Rock area. "But more than that," he said, "I want to see it become a resource for education in philanthropy. We've got an excellent opportunity to do so much good in Round Rock. This is just the beginning."