The Community Foundation for Palm Beach and Martin Counties celebrated another year of monumental charitable giving.
Collectively, community impact funds of the Community Foundation granted nearly $1.6 million to nonprofit organizations in 2017.
In addition, the Community Foundation facilitated gifts of nearly $7 million to dozens of nonprofit organizations and $1.3 million in scholarships to 125 students. The Foundation currently has $160 million in assets under administration.
“We’re here to serve as a resource and partner,” said Brad Hurlburt, president and CEO of the Community Foundation. “Our funding priorities for this year’s competitive grants included endowment building for our local nonprofit organizations and protecting and preserving the local environment. We also supported Achieve Palm Beach County, a collective impact initiative focused on enhancing the education system in Palm Beach County with other community partners.”
Community Impact grants were awarded through several charitable funds at the Foundation, including the Community Impact Fund; the Marie Graber Martens Fund and the John D. and Catherine T. MacArthur Fund.
The competitive grant cycle opened last fall and the process included full proposals; site visits; committee evaluations and scoring; and final recommendations to the Community Foundation board in May.
Community impact grants are only one part of the Foundation’s annual grantmaking. Most grants are directed by donors to the causes they care about through their charitable giving funds at the Foundation.
The Foundation also has more than 100 scholarship funds, making it one of the largest providers of scholarships in the two counties. This year, the organization awarded a record $1.3 million to 125 local high school students.
For more information on the grants program, or about establishing a charitable fund at the Community Foundation, please call 561-659-6800 or visit www.yourcommunityfoundation.org.
Speak Up For Kids of Palm Beach County was awarded $8,500 (Henry and Mildred Baldwin Memorial Endowment Fund and Jack Taylor Fund for Abuse and Neglected Children)