The North Texas Community Foundation set a record in 2016 with more than $30 million in grants and scholarships.
“The past year was a year of tremendous growth on many fronts. This incredible amount of giving was made possible by trusted partnerships with our donor advisors, professional advisors and local private foundations that have a remarkable understanding and compassion for our region,” President/CEO Nancy E. Jones said in a news release. “We are proud to work with our individual, family and corporate donors to help them make a difference to the causes they care about most.”
The Community Foundation reported received more than $60 million in contributions from individual and corporate donors, bringing its charitable assets under management to approximately $275 million, growing from$120 million since 2010.
The year also marked the conclusion of the latest ToolBox Grants cycle. Over a three-year period, more than $1 million was awarded to 52 Tarrant County agencies focused on improving opportunities for children from birth through third grade.
In 2017, the Community Foundation will remain engaged in early learning by continuing its partnership with the Early Learning Alliance and by providing grant opportunities through its next generation philanthropist group, WORTH, the foundation said.
“We are thrilled to accomplish the increased grantmaking due to the positive growth the foundation has seen over the past few years,” Jones said.
– FWBP Staff