During these uncertain times, we know that strengthening nonprofits on the front lines of the coronavirus response is vital to Broward’s bold recovery.
So to help sustain and grow critical community services, the Community Foundation in July offered to move up our annual distributions from agency and designated endowments – making payments this summer instead of in mid-October for organizations that needed a lift.
This one-time opportunity has produced a nearly $2 million infusion of support to bolster key organizations, just as many are struggling with the financial effects of cancelled fund-raisers and dips in donations during the pandemic.
Now the more than 80 organizations that accepted these early distributions have more resources to provide health care, housing aid, support for the arts, children’s programs, outreach to isolated seniors, a safe place for domestic violence survivors and much, much more.
These advance payments are just the latest way that support from Fundholders at the Community Foundation is helping Broward residents face the coronavirus crisis. So far, the Community Foundation has provided more than $4 million in crisis response. That includes providing grant flexibility, emergency grants and other support for immediate crisis response as well as initial investments in long-term strategies to help our community overcome the lingering effects of this pandemic.
This is only the beginning. The far-reaching effects of this health and economic crisis require long-term solutions. Thanks to support from our Fundholders and the power of endowment, the Community Foundation will be there to tackle Broward’s big challenges – during this crisis and beyond.
You can help Broward face this crisis, and whatever lies ahead, by creating or adding to a charitable Fund at the Community Foundation. Contact Vice President of Philanthropic Services Nancy Thies at email@example.com or 954-761-9503.