The Washington County Community Foundation believes that one of the most strategic ways to serve the community it to assist in strengthening the funding bases of nonprofit agencies. The PLANT (Preserving Legacies and Nurturing Tomorrow) Initiative is a matching grant opportunity designed to help agencies grow their endowment over a period of time. This helps the nonprofit agency by building a perpetual source of income for the future. The PLANT Initiative works through a 1:1 match; every dollar donated to the pre-approved nonprofit endowment will be matched by a dollar from the Community Foundation. The PLANT Initiative is made possible through a grant from the Touch Tomorrow Fund.
Agency endowments are funds established to benefit a particular nonprofit organization. Gifts made to the fund remain a permanent asset at the Community Foundation designated to support the local organization. This permanent pool of assets generates income and typically grows over time. It is designed to provide a stable source of revenue as part of the funding mix.
“This is the first time we have offered such a challenge to our local nonprofits,” stated Judy Johnson, Executive Director of the Foundation. “We were very pleased with the response. We hope that they will all be successful in meeting their challenge.”
The following nonprofits will be participating in the Washington County Community Foundation PLANT Initiative: Big Brothers Big Sisters, Blue River Services, Friend’s of Beck’s Mill, Salem Public Library and Washington County Family YMCA. Amounts of matching funds available vary by organization. For more information about the PLANT Initiative, or to take advantage of the matching funds available and make a donation to any of the funds mentioned, you may contact the Washington County Community Foundation at 883-7334 or email@example.com.
Washington County Community Foundation is a nonprofit public charity established in 1993 to serve donors, award grants, and provide leadership to improve Washington County forever