Community Foundation of the South Okanagan announces 2013 Grants Cycle

In 2012, the Community Foundation disbursed more than $190,000 to charities throughout the South Okanagan Similkameen

The Community Foundation of the South Okanagan is pleased to announce the launch of the 2013 Granting Cycle, which officially began on December 3, 2012 and closes on February 8, 2013.

In 2012, the Community Foundation disbursed more than $190,000 to charities throughout the South Okanagan Similkameen, bringing total granting to more than $1,000,000 in 21 years of serving the South Okanagan.

Three grants totalling $14,000 were awarded to charities in Princeton and Cawston in 2012.

An additional $67,000 was awarded to charities throughout the South Okanagan Similkameen with the remainder of grants being awarded in Penticton.   These grants were paid from investment earnings on more than $6 million in endowment funds.

In 2012, grants were paid out to 3 different areas of need in the Similkameen:

$6,300                   Arts & Culture

$950                       Scholarships

$6,700                   Community Services

Organizations that are registered as a Canadian charity under the Federal Income Tax Act are eligible to apply to the Foundation for grants.  Grants cannot be made to individuals.

Funding guidelines can be obtained by contacting the Foundation’s office at 493-9311 or by visiting our website: www.cfso.net.

The Community Foundation of the South Okanagan has served our region for 21 years, working with donors to create legacies in the form of permanent endowment funds. Grants are distributed from income earned, preserving the capital to ensure a perpetual stream of funding.