NCF 2015 Grants Increase 32% to over 1.4 million
It would seem there aren't many organizations in Niagara that haven’t been assisted by the Niagara Community Foundation, when you look at how much funding they’ve provided deserving groups.
Since it’s inception in 2000, the NCF has granted $8.4 million across Niagara, touching every community and every sector. For 2015, the total grants awarded amounted to $1,430,834, a 32% increase over last year.
A total of 255 grants were awarded in 2015, ranging from the largest at $100,000 for the Niagara Health System to fulfill a donor's pledge to the new St. Catharines hospital site, to the smallest mini grant at $488 for Port Cares to purchase rubber mats for the food bank area, creating a safer and healthier environment for their volunteers.
There were also 17 new funds created in 2015.
The total endowment now stands at $28.1 million, with dollars landing from NCF’s newest fund created with monthly donations of $50— to the largest fund at $6.3 million created through a bequest.
“We couldn’t do what we do without the support of generous donors,” said Liz Palmieri, executive director of the foundation. “We started 2015 with a significant donation of $1 million to create the John and Lillian Clark Fund to support Heart Niagara, which was quite overwhelming.”
For 2016 NCF will be fine-tuning their grant criteria and will be hosting a webinar in partnership with Niagara Connects on January 20th at 12:30pm to review the changes. More information to come.
Created in 2000, the Niagara Community Foundation has raised more than $28 million in endowment funds, where the capital is invested, and has granted more than $8.4 million to charities working in the arts, heritage, environment, social services, health, education, recreation and community development. The Foundation is fully accredited with Imagine Canada’s Standards Program which is designed to strengthen public confidence in the charitable and non- profit sector.
For more information, contact:
Liz Palmieri, Executive Director, Niagara Community Foundation