ORGANIZATION FUNDS: AREA RESIDENTS HAVE CREATED FUNDS TO SUPPORT SPECIFIC NONPROFIT ORGANIZATIONS. DURING 2020, 11 SPECIAL INTEREST ENDOWMENT FUNDS GRANTED $101,274 TO THEIR BENEFICIARY ORGANZIATIONS. IN ADDITION, THE COMMUNITY FOUNDATION MANAGES THE ENDOWMENT FUNDS OF LOCAL NONPROFIT ORGANIZATIONS, A TOTAL OF 26 FUNDS IN 2020. ACCORDINGLY, THE FOUNDATION RECOGNIZES A LIABILITY TO THE NONPROFIT AND ADJUSTS THIS LIABILITY FOR RELATED CONTRIBUTIONS, EARNINGS, GRANTS AND EXPENSES. IN 2020, $166,304 WAS RETURNED TO THESE ORGANIZATIONS.
DatesJan 1, 2020 – Dec 31, 2020