TransCanada lead donor in Vermont Community Foundation’s $228,000 Irene Recovery Fund

first_imgThe Vermont Community Foundation has announced that its Special and Urgent Needs-Irene Recovery Fund has awarded $35,000 in its first month of grantmaking to seven Vermont nonprofit organizations impacted by Tropical Storm Irene. The grants come two weeks after application guidelines were posted and four weeks after the fund was established to address the short-term needs of nonprofits directly impacted by Irene. Total contributions received or pledged to the fund exceed $228,000 and include a generous $100,000 donation from TransCanada, the fund’s lead contributor. The grants, which fund up to $5,000, are available to nonprofits, public agencies, and municipalities that sustained damage from Irene or face significant resource challenges in providing services for those affected by Irene. Applications are accepted on a rolling basis and grant decisions are made within 14 days of application submissions.Examples of organizations that received funding include a Boys & Girls club that sustained water damage, a social service organization facing increased requests for support from flood victims, and a development association helping local municipalities assess damage and prepare requests for federal assistance.‘We recognize that Vermont’s nonprofit sector is an integral part of our communities and our state, and that many nonprofits in Vermont lost facilities and materials at a time when their services were needed most,’ said Stuart Comstock-Gay, President & CEO of the Vermont Community Foundation. ‘It is our hope that this fund will help ensure that nonprofit organizations get the support they so urgently need.’The Community Foundation continues to accept applications from nonprofits, public agencies, and municipalities. Applications are available on the Vermont Community Foundation website,www.vermontcf.org(link is external). Those interested in learning more about the fund or making a contribution can also visit www.vtfloodresponse.org(link is external), a website set up by the Foundation to collect and report back on the contributions to its different relief and recovery funds.The Vermont Community Foundation has been helping donors give to the causes and organizations they care about since 1986. It is Vermont’s largest homegrown grant maker. Together, its family of over 600 funds provides more than $10 million in grants per year. In addition, it helps keep Vermont’s nonprofit community vital by offering endowment management and planned giving services, and providing leadership in charitable giving of all kinds. Visit www.vermontcf.org(link is external) or call 802-388-3355 for more information.last_img read more