Wednesday, September 11, 2024
spot_img

Community Foundation awards over $4.3 million in grants

Must Read

 

The Community Foundation for Palm Beach and Martin Counties recently announced the recipients of the organization’s competitive 2023 Community Impact Grants.

After a comprehensive selection process that began with 318 applicants, the Community Foundation’s board of directors voted to approve 115 grants that will be awarded to nonprofit agencies throughout Palm Beach and Martin counties. The grants totaled $4,347,253 million, which marked a 50% increase from last year’s total, and the highest amount ever distributed through the Community Impact Grants process. The increase in funds available to nonprofit grant-seekers comes as the result of a gift from the Frederick A. DeLuca Foundation late last year, which essentially doubles the resources available over the next three years.

“Annual Impact Grants have always been at the core of the Community Foundation’s mission to make a tangible difference in the communities we serve,” Jeffrey A. Stoops, vice chair of the Community Foundation for Palm Beach and Martin Counties and chair of the Community Impact Committee, said in a news release. “By partnering with community members in our competitive grant making process, we ensure that funds are allocated precisely where they can do the greatest good.”

This year’s grant recipients were prioritized for their work in making a difference in three strategic categories: Economic opportunity — Programs that focus on job training and workforce development that lead to greater economic success and an improved quality of life; Education and youth — Programs that will lead young people to their fullest potential; Thriving communities — Programs that address a broad range of issues aligned with current community needs (e.g., arts and culture, environment, housing, mental health, community revitalization, etc.).

“Grants have the ability to power our nonprofit partners on the frontlines, who both understand and are equipped to handle our community’s most pressing issues,” said Danita R. DeHaney, Community Foundation president and CEO. “We are thankful to our donors for recognizing the power that unrestricted philanthropy has on our area’s changemaking nonprofits and making the commitment to support them.”

The Community Foundation follows a competitive grantmaking process each year designed to closely align the recipients’ work with the foundation’s mission, vision and values. It says the process ensures that donors’ dollars are directed to local nonprofit organizations that have demonstrated high standards of integrity and impact. The grantmaking dollars specifically come from charitable funds created by individuals, families, businesses and organizations. Nonprofits can apply for year-round or summer grants. The foundation offers mini grants of $500 to $15,000 and community impact grants of $15,001 to $75,000. To learn more about the process, visit yourcommunityfoundation.org/the-competitive-grantmaking process/.

The Community Foundation is a notfor profit organization that creates partnerships with donors, nonprofits and community members to solve the region’s chronic and emerging issues. The organization has supported more than 3,400 nonprofit partners with grants over its 50- year history.



Credit:Source link

- Advertisement -spot_img

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -spot_img
Latest News
- Advertisement -spot_img

More Articles Like This

- Advertisement -spot_img