Home Sports SHOCKING! Joyce and Wood County Commission’s SECRET meeting on West Virginia First Foundation revealed – You won’t believe what they discussed! | The most jaw-dropping news that will leave you stunned!

SHOCKING! Joyce and Wood County Commission’s SECRET meeting on West Virginia First Foundation revealed – You won’t believe what they discussed! | The most jaw-dropping news that will leave you stunned!

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SHOCKING! Joyce and Wood County Commission’s SECRET meeting on West Virginia First Foundation revealed – You won’t believe what they discussed! | The most jaw-dropping news that will leave you stunned!

Parkersburg Mayor to Update County Officials on Opioid Settlement Funds

Parkersburg Mayor Tom Joyce appeared before the Wood County Commission on Monday to update county officials on what is happening with the West Virginia First Foundation, a nonprofit foundation tasked with distributing three-quarters of the state’s more than $1 billion in opioid settlement funds. Joyce was elected to the board in July by a vote of area officials. (Photo by Brett Dunlap)

The West Virginia First Foundation Begins Distributing Opioid Settlement Money

The West Virginia First Foundation is preparing to distribute funds received from opioid settlements in the state. Parkersburg Mayor Tom Joyce spoke before the Wood County Commission to provide updates on the foundation’s progress. The nonprofit organization is responsible for allocating three-quarters of the state’s $1 billion in settlement funds. Mayor Joyce, who serves as the regional representative, will attend the foundation’s first meeting in Charleston next week, which is expected to be open to the public.

Allocation Guidelines Focus on Prevention, Law Enforcement, Recovery, and Treatment

The foundation will operate and allocate the money based on guidelines established by state officials and lawmakers. The funds will be directed towards initiatives related to prevention, law enforcement, recovery, and treatment. Mayor Joyce has already met with individuals and organizations across the state to gather input and insights for the foundation’s decision-making process.

Long-Term Investment Plans for Opioid Settlement Money

The state plans to invest a significant portion of the settlement money to ensure sustainable growth over an extended period. Mayor Joyce stated that determining effective investment strategies will be a major focus of the foundation’s board. He has been exploring investment procedures and policies utilized by private foundations as part of the preparation process.

Executive Director Announcement Pending

The West Virginia First Foundation is currently in the process of selecting an executive director. West Virginia Attorney General Patrick Morrisey, who recently visited Parkersburg, indicated that they are in talks with potential candidates for the position. Mayor Joyce anticipates that the announcement of the executive director will be made during the upcoming meeting.

Additional Roles and Bylaws

In addition to appointing an executive director, the foundation will need to fill positions for a lawyer and an accountant. Mayor Joyce mentioned that the board is still working on establishing bylaws to determine various operational aspects. He expressed his support for holding board meetings in different locations throughout the state to accommodate the diverse geographical distribution, suggesting that Mondays would be preferable for individuals with longer travel times.

Importance of Local Support and County Commission Involvement

Mayor Joyce emphasized the significance of local support in the distribution of funds. He encouraged groups applying for funding through the foundation to ensure their county commission is fully informed and to obtain a recommendation letter. Recognizing the accountability of elected officials, he stated that involving local authorities is crucial, regardless of the outcome of funded programs or initiatives.

Addressing Space Constraints in Rural Communities

Mayor Joyce acknowledged the space limitations faced by many rural communities, hindering their ability to implement various initiatives effectively. He expressed his commitment to exploring solutions for such communities and supporting their ideas for positive change.

Upcoming Meetings with Area Officials

Mayor Joyce has been actively engaging with officials in Wood and Wirt counties and has further meetings scheduled in Ritchie and Pleasants counties. He also plans to meet with officials in Jackson County in the near future. These discussions aim to gather insights and gather input from local authorities as the foundation’s operations progress.

Brett Dunlap can be reached at [email protected]

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