Friday, March 27, 2020

Community Foundation releases $1.3M to help nonprofits cope during pandemic


NEW HAVEN - The Community Foundation for Greater New Haven's (The Foundation) President & CEO Will Ginsberg announced that The Foundation distributed $1.3 Million in grant-making today to help Greater New Haven nonprofits cope during the COVID-19 pandemic; some of these grants would have normally been awarded in the next 6-12 months while others were directed by donor advised fund holders. 
Thirty-one nonprofits serving Greater New Haven received $1.1 Million of accelerated funding, including 3 grants made by The Foundation’s partner in philanthropy, the Valley Community Foundation.
“Knowing that regular income sources are on hold for many nonprofits, we are hopeful that this acceleration of funding provides some immediate relief,” said Ginsberg. “This is just one of several steps The Foundation is taking to provide assistance in our community of twenty towns and cities.”
On March 20, The Foundation announced it had created a Greater New Haven COVID-19 Community Fund in partnership with United Way of Greater New Haven.  
The Fund now has $1 Million in contributions from donors and $500,000 from The Foundation. Community-wide fundraising continues; the public is invited to give to the Fund online and help build resources for the recovery of the community. The first grants from this new Fund are expected to be made next week. 
For more information about the Greater New Haven COVID-19 Community Fund and to donate online visit www.cfgnh.org/covid19fund
U.S. community foundations (nearly 187 in 49 states and Washington D.C.) are moving decisively to help those in need during the COVID-19 crisis, mobilizing more than $282 Million, as of March 27. These funds are providing critical support to those who are facing challenges such as lost income, housing and food instability.
About The Community Foundation
Thanks to the generosity of three generations of donors, The Community Foundation for Greater New Haven is composed of hundreds of individually named funds and distributes millions of dollars in grants annually to build a stronger Greater New Haven region. The Foundation’s 20-town service area includes: Ansonia, Bethany, Branford, Cheshire, Derby, East Haven, Guilford, Hamden, Madison, Milford, New Haven, North Branford, North Haven, Orange, Oxford, Seymour, Shelton, Wallingford, West Haven, Woodbridge. 
For more information about The Community Foundation, visit www.cfgnh.org, find us on Facebook at www.facebook.org/cfgnh or follow us on Twitter at www.twitter.com/cfgnh

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