Community Foundation of the South Okanagan announces 2012 grants cycle

launch of the 2012 Granting Cycle, which officially began on December 3, and closes on February 6, 2012

  • Dec. 6, 2011 2:00 p.m.

 

The Community Foundation of the South Okanagan is pleased to announce the launch of the 2012 Granting Cycle, which officially began on December 3, and closes on February 6, 2012.

In 2011, the Community Foundation disbursed more than $169,000 to charities throughout the South Okanagan Similkameen, bringing total granting to more than $850,000 in 20 years of serving the South Okanagan.

Four grants totaling almost $19,000 were awarded to groups in the Similkameen in 2011. These grants were paid from investment earnings on the total endowment of almost $6 million.

Grants were awarded in the Similkameen to 3 different areas of need including:

– $8,500 for upgrades to the Cawston Hall

– $9,500 for a new batting cage for Similkameen Minor Baseball

– $870 for scholarships at Princeton Secondary School

Organizations that are registered as a Canadian charity under the Federal Income Tax Act are eligible to apply to the Foundation for grants. Grants cannot be made to individuals.

Funding guidelines can be obtained by contacting the Foundation’s office at 493-9311 or by visiting our website:

www.cfso.net.

The Community Foundation of the South Okanagan has served our region for 20 years, working with donors to create legacies in the form of permanent endowment funds. Grants are distributed from income earned, preserving the capital to ensure a perpetual stream of funds.

 

In order to properly support community work in the Similkameen it is very important that charitable groups submit grant applications. In addition, the Community Foundation is always looking for donors from the area who are willing to create lasting legacies for their communities.

 

Contributed by Aaron McRann

 

Executive Director, Community Foundation of the South Okanagan

 

 

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