Fifty per cent increase in Foundation grant applications

With nearly a 50 per cent increase in grant applications from last year, the president of The Comox Valley Community Foundation said the response from the community is “wonderful.”

“There’s quite an increase in the numbers — which is new to us — it shows we’re appealing to a broader composition of the community,” explained Norm Carruthers.

“Our mandate is to broadly serve the community and try to enhance the entire Valley and not just select groups.”

Carruthers said last year they had 37 applications, and this year they had 58.

The foundation attracts, develops and manages permanent endowment funds through responsible stewardship. They assess and respond to existing, emerging and changing community needs through grants to eligible organizations.

Additionally, they provide a means for individuals and organizations with varied interests and levels of giving to contribute financially to their community.

Last year Carruthers explained through grants, scholarships and income paid to agency endowment funds, the foundation gave out $80,000. This year, he estimates it will be between $100,000 to $120,000.

He attributes the increase to a variety of factors.

“Last year was a very good year financially … we had good earnings on the funds,” he noted, but added more than a year ago one organization ceased to be and gave them a significant amount in earnings income.

In addition, Carruthers said an individual donor left the foundation $100,000 in her estate.

 

The successful groups will be informed of their granting status in December, and a formal awards ceremony will be held Jan. 15, 2015.

 

 

Just Posted

Pride Society of the Comox Valley set to kick off week-long celebration

The organization is celebrating Pride Week with a variety of events to bring the community together.

Work continues on Courtenay’s 4th Street Improvement Project

4th street will be closed to traffic between Duncan and Cliffe Avenue

Inside the music: step behind the curtain at the venerable Vancouver Island Music Festival

Big Read: VIMF in the Comox Valley exemplifies the spirit of an Island summer music festival

Cannabis facility planned in Courtenay

Design up to 100,000 square feet

Major private donation to Kus-kus-sum project

Frank and Bobbi Denton, longtime residents of the Comox Valley, have donated… Continue reading

BC Wildfire merges two Okanagan wildfires

Large plume of smoke seen over the fire was a controlled event

Bob Castle’s Under the Glacier cartoon for July 19, 2018

Bob Castle’s Under the Glacier cartoon for July 19, 2018… Continue reading

Why do they do it? Coaches guide kids to wins, personal bests at the BC Games

Behind the 2,300 B.C. athletes are the 450 coaches who dedicate time to help train, compete

Government sets full-time salary range for Justin Trudeau’s nanny

At its top range, the order works out to a rate of $21.79 per hour, assuming a 40-hour work week

Lower Mainland teams battle for baseball gold at BC Games

Vancouver Coastal squeaked out a 3-2 win against Fraser Valley

The Northern Secwepemc te Qelmucw people signed an agreement-in-principle with the B.C. government

The signing ceremony, at the Eliza Archie Memorial School, was 25 years in the making

Canada to resettle dozens of White Helmets and their families from Syria

There are fears the volunteers would become a target for government troops

Francesco Molinari wins British Open at Carnoustie

It is his first win at a major and the first by an Italian

Recovery high schools could help teens before addiction takes hold: B.C. parents

Schools could provide mental health supports and let parents discuss their children’s drug use openly

Most Read