On May 21st, 67 area nonprofits will receive a total of $213,430 in grants from the Community Foundation of the Central Blue Ridge.
The grants represent the culmination of a competitive process through which nonprofit organizations serving Staunton and Waynesboro, and the counties of Augusta, Nelson and Highland submit detailed applications.
This year, the Community Foundation received a record 83 applications during the competitive grant process, representing total requests of $615,226.
The Foundation assembled a team of dedicated community members to deliberate the merits of each application before determining how best to assign the available funding.
Dan Layman, President/CEO of the Community Foundation, said, “the quality of this year’s grant applications was exceptionally strong, which made the work of our grants committee very challenging. I wish that I could adequately summarize the collective community impact represented in the proposals that we received. It is tremendously encouraging, and it furthers my resolve to accelerate the Community Foundation’s already rapid growth.”
The grants distributed at this ceremony represent less than one third of the total grants, scholarships, and awards that the Community Foundation will distribute in 2015. Funding for these grants originate from several types of endowment, specifically unrestricted funds, field of interest funds, and donor-advised funds, established by individual donors in the community. The Foundation also manages other forms of endowment, such as agency funds, award funds, designated funds, and scholarship funds, from which they distribute resources throughout the year utilizing different processes.
In total, the Foundation anticipates distributing over $750,000 in 2015.
“The Foundation takes great pride in supporting so many worthy programs that directly serve the people of our community,” says Susan Lendermon, Director of Nonprofit Services.