With Program, Non-Profits Affected by Pandemic Boosted
The Oklahoma City Community Foundation said its annual autumn-season checks for non-profit organizations are going out early this year to help with fundraising and cash flow at agencies affected by the Covid-19 pandemic.
“These distributions help anchor the budgets for many of our non-profit partners, assuring their long-term sustainability and allowing them to plan for the future,” Nancy Anthony, president of the foundation, said.
The foundation announced it was distributing more than $5.2 million to 365 central Oklahoma non-profit organizations.
Agencies that have established endowment funds at the Community Foundation receive a distribution each fall.
The funds are established by the organizations or individual donors and are managed through the foundation’s Charitable Organization Endowment Program.
The foundation’s president said agencies will receive an average of $14,800 and 20 will receive $50,000 or more.
The foundation said its endowment program is the largest of its kind in the nation.
Miss Anthony said some of the funds were established by foundation founder John E. Kirkpatrick 50 years ago and “our distributions have increased through the years, helping to strengthen our community and improve quality of life.”
Donors may struggle to find organizations that best fit their individual interests, Miss Anthony noted.