Community Foundation mobilizes $7 million to support nonprofit sector
As part of a nationwide effort by local chapters of the Community Foundation to mobilize funding in light of the social and economic impact of the COVID-19 pandemic, the Community Foundation of Utah (CFU) has mobilized $7.2 million this year in support of critical nonprofit work. That compares to $3.3 million granted year-to-date in 2019.
Community foundations across the country are making an unprecedented effort to mobilize funding and over $1 billion in charitable giving came from these organizations, according to data gathered by the Community Foundation Public Awareness Initiative.
“The generosity of our donors has been a shining light during an exceedingly difficult time and is a true proof of concept for Community Foundations. We do not know what the future holds, but our ability to access charitable resources for communities in need during crisis is powerful,” said Alex Eaton, CEO of CFU.
Over and above the increased funding for nonprofits, CFU is supporting the Utah community through local partnerships. In April, CFU collaborated with Mercato Partners to provide Relief Pack meals for first responders, healthcare workers and others hit hard by COVID-19. In August, CFU announced a partnership with the Salt Lake City Mayor’s Office in Raise Up Salt Lake City, dedicated to raising $1 million for financial assistance to families unable to access federal stimulus funding.
In addition to COVID-specific initiatives, CFU is committed to ensuring a resilient and innovative nonprofit sector, Eaton said. CFU continues to support Utah nonprofits through ongoing initiatives such as the Social Investors Forum and Invest in Success.
This year, SIF granted $45,000 in seed funding to New Pattern Utah, a coalition dedicated to providing funding and training to black female entrepreneurs. SIF also granted $25,000 to the International Rescue Committee to support translation services for refugee populations seeking medical care.