THE TRI-CITY COMMUNITY FOUNDATION ANNOUNCES FIRST COMPETITIVE GRANT CYCLE FOR THE FOLEY, GULF SHORES AND ORANGE BEACH AREA
THE TRI-CITY COMMUNITY FOUNDATION ANNOUNCES FIRST COMPETITIVE GRANT CYCLE FOR THE FOLEY, GULF SHORES AND ORANGE BEACH AREA.
Gulf Shores, Ala. October 24, 2019 --- The Tri-City Community Foundation, an affiliate of The Community Foundation of South Alabama, will open its first competitive grant cycle on November 1, 2019. There will be an information session for eligible organizations interested in applying for a grant held at Frederic's at Coastal Alabama Community College (3301 Gulf Shores Parkway, Gulf Shores) at 10:00 a.m. on November 7, 2019.
The Tri-City Community Foundation Fund was founded on August 2, 2018, to serve as a vehicle to receive donations and bequests to benefit the community. Through concerted grant-making, the fund was created to give the local leaders in Foley, Gulf Shores, and Orange Beach an opportunity to make a difference in the communities they call home. These leaders also have the chance to make recommendations about how the charitable dollars are spent and bear the legal responsibility to ensure the funds are then used in compliance with donor intent.
“We’re excited to launch our first competitive grant cycle,” said Michelle Hodges, Chair of the Advisory Committee of the Tri-City Community Foundation. “The organizations in this community are strong and deserving, so we’re glad that we can contribute to their mission to better our area.”
As an affiliate, the Tri-City Community Foundation is in partnership with The Community Foundation of South Alabama, a nonprofit charitable organization. By creating affiliate funds, the Community Foundation can give support to communities like Foley, Gulf Shores and Orange Beach and give each town its own legacy.
Rebecca Byrne, President/CEO of the Community Foundation, said, “The Tri-City Community Foundation has really rallied and grown since its inception in 2018. We’re confident that this first competitive grant cycle will further strengthen the Tri-City community.”
Individuals that are interested in investing in the Tri-City community can mail a donation by check to P.O. Box 990 Mobile, AL, 36601 or visit the Foundation’s webpage at www.tricitycommunityfoundation.org. For more information, contact the Community Foundation at 251-438-5591.
About The Tri-City Community Foundation
With the creation of the Tri-City Clear Community Foundation, an affiliate of The Community Foundation of South Alabama, local community leaders have found the perfect way to make a lasting impact on the citizens of the local communities Foley, Gulf Shores and Orange Beach. The Tri-City Community Fund serves as a vehicle to receive donations and bequests to benefit the community in perpetuity.
By working with The Community Foundation of South Alabama, a 501(c)(3) tax-exempt charitable organization, the Tri-City Community Foundation can focus on raising funds and deciding the charitable use for the fund, while relying on the Foundation to handle the administration, investment and required daily tasks. Through a concerted grant-making effort, the effects of the Tri-City Community Fund will be felt for generations to come. An advisory committee of Foley, Gulf Shores and Orange Beach residents makes recommendations about how the charitable dollars are spent, and the Foundation bears the legal responsibility to ensure that the funds are then used in compliance with donor intent. We accept a wide variety of tax-deductible contributions, such as cash, appreciated stocks, real estate or other assets. The Tri-City Community Foundation supports the continued efforts to improve the lives of all in our local community.
About The Community Foundation of South Alabama
The Community Foundation of South Alabama is a nonprofit charitable organization that plays a key role in meeting the needs of an eight-county region through leadership and grants. The Foundation serves as a vessel for donors, volunteers and the community to share ideas, identify issues and build financial resources necessary to make improvements and positively impact the community.
The Foundation administers a collection of charitable funds established by members of the community. Since its founding in 1976, the Foundation has awarded more than $79 million in grants to nonprofit organizations to support programs that make life better in the community. The Community Foundation builds lasting endowments to ensure grants are available to support the community forever.
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