Five Finalists Announced for $50,000 Endowment Grant

The Community Foundation of NCW has announced the five finalists for a $50,000 Endowment Grant: Chelan-Douglas Land Trust, and the Numerica Performing Arts Center, NCW Business Loan Fund, Wenatchee Valley YMCA, and the Women’s Resource Center.

The Endowment Grant will provide one organization with a $50,000 endowment fund at the foundation. An endowment fund provides long-term sustainability for an organization through an annual stream of income. The principal of the fund is invested, with an annual disbursement back to the organization based on a spending policy, typically around 5% of the fund.

Grant applicants were asked to respond to various operating aspects of their organizations, such as service to community, financial stability, strategic planning, fundraising capacity, the impact an endowment fund would make on their organization, and plans for growth.

“It was challenging to narrow the field to five finalists” said Katie Pauly, the foundation’s board chair, “but we felt these five really demonstrated their mission’s impact reaching into the region, showed strong community support, a readiness to grow their endowment, and strong staff and board teams.”

Each of the finalists will participate in an in-depth interview with a team of foundation staff and board members for another level of evaluation. “This is a competitive grant that we take seriously” said Denise Sorom, Director of Community Philanthropy, “We consider this grant an investment in an organization that is prepared for another level of stability and service to the community.”

The Endowment Grant award recommendation will be brought to the board on September 16th and the final award recipient will be announced September 17th. For more information on the Endowment Grant and other Community Foundation grant opportunities, visit www.cfncw.org/grants.

Leave a Comment





Subscribe to the CFNCW e-newsletter for donor news, scholarship opportunities, and good work being done in the community. 

Something went wrong. Please check your entries and try again.

GIVE TO A FUND

ESTABLISH A FUND

GIVE FROM YOUR WILL

GIVING CARD

BECOME A PIG

GIFTS OF STOCK

YOUR GIFT AT WORK

Tenoch Mandujano

Tenoch Mandujano

Scholarship Recipient

"My father was a migrant agricultural worker who eventually started his own cherry and apple orchard. [He] told me if I wanted to live a better life, I had to get an education. I plan on starting a career with the Chelan PUD with a passion for renewable energy and in turn give back to my parents and community for supporting my dreams.”

2019RIGOutreach-RosieYardSigns-Crop

Chelan Douglas Volunteer Attorney Services

REGIONAL IMPACT GRANT RECIPIENT

The Regional Impact Grant provided funds to hire a Housing Justice and Outreach Coordinator to visit rural and underserved areas. Rosie’s bilingual and bicultural skills and experience have increased equity of service. Rosie is building partnerships with local organizations through events such as the Columbia Valley Community Health’s Back to School Drive, as well as posting yard signs.

ThomasSmith

Aero Methow Rescue Service

STRATEGIC CONSULTING GRANT RECIPIENT

Due to being rural, remote, and geographically isolated Aero Methow Rescue Service must be prepared to do more than respond to emergencies. We have become a healthcare partner who fills gaps in service.  This program allows our board the time and ability to work with a Strategic Planner to modify our plan to address those gaps.

$0 M

ASSETS UNDER MANAGEMENT

$0 M

GRANTS & SCHOLARSHIPS AWARDED

0+

CHARITABLE FUNDS

FOUNDATION FACTS

arc-darkest-green-01