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$50,000 Endowment Grant Open to Support One NCW Nonprofit

Application deadline: May 1, 2018

The Community Foundation of NCW is now accepting applications for a $50,000 Endowment Grant to support one nonprofit in Chelan, Douglas, or Okanogan county.

An endowment fund at CFNCW provides a nonprofit agency an annual income disbursement to support its operations while the principal of the fund grows in perpetuity.

The ideal grantee is a well-established, extraordinary organization making a significant impact on the community it serves. The organization must have experienced leadership at both the board and staff level who will use the $50,000 Endowment Grant to move the organization to the next level of expertise.

“Part of our mission is to help strengthen nonprofit agencies in an effort to support strong, healthy communities,” said Beth Stipe, the foundation’s executive director. “An endowment is an important component to securing long-term financial sustainability. The endowment grows over time through additional gifts and prudent investment through the foundation, which gives the organization the ability to continue their mission for generations to come.”

Previous recipients include Methow Trails, Numerica Performing Arts Center, and the Children’s Home Society of Weantchee.

The award will be announced and disbursed in September.

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